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The Part 2 Appraisal against the Economy Criterion has three sub-criteria which together should summarise the full extent of economic impacts. These are:
- Transport Economic Efficiency (TEE) - the benefits ordinarily captured by standard cost-benefit analysis - the transport impacts of an option;
- Wider Economic Benefits (WEBs) - relates to the notion of wider economic benefits derived from the impact of transport upon agglomeration, and the underlying relationship of impacts of agglomeration upon productivity; and
- Economic Activity and Location Impacts (EALIs) - allows the impacts of an option to be expressed in terms of their net effects on the local and/or national economy.
