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NOAA Environmental Leadership Seminar Series: Past Presentations

Valuing NOAA Products and Services: Connecting to Society through Economics and Social Science

by Katie Poser on 2022-02-09T10:32:00-05:00 | 0 Comments


Date: February 8, 2022 

Presenter: Monica Grasso, PhD,  NOAA's Chief Economist, Performance, Risk and Social Science Office, Office of the Chief Financial Officer, NOAA

Abstract:  Conveying the value of NOAA’s observing systems, models, research, data, and services requires an understanding of the complex systems used to connect these products and services to society, and how these products and services impact the public. Monica Grasso, the NOAA Chief Economist, sits in the Performance, Risk, and Social Science staff office and directs the agency in understanding the economic and societal benefits provided by NOAA, especially to support regulatory budget justification. Dr. Grasso also serves as the chair of NOAA’s Social Science Committee. 

In this presentation, Dr. Grasso will discuss the economics and social science of NOAA. She will provide context for this work, present the analytical foundations for benefit analysis, discuss regulatory requirements, and expound on opportunities and agency priorities that are supported by socioeconomics. Dr. Grasso will be available after this talk for questions and discussion.

Bio: Dr. Monica Grasso joined NOAA in May 2016 as the Chief Economist working in the Performance, Risk and Social Science Office at the Office of Chief Financial Officer. Dr. Grasso leads NOAA’s social science and performance team. She provides expertise and strategic leadership to promote, coordinate, and implement the use of rigorous economic analysis and performance metrics to support NOAA’s mission. Prior to joining NOAA, Dr. Grasso served as Chief Economist at the Transportation Security Administration (TSA) in the Department of Homeland Security (DHS), providing expert advice, guidance, and assistance to the agency’s leadership and key management officials on economic trends in the transportation industry, and the impact of policies on the public and industry. She has also served at the U. S Coast Guard as Senior Economist, working on key environmental, safety and security issues, such as water quality, control of aquatic invasive species (including ballast water discharge regulations), towing and fishing vessels safety and port security. Dr. Grasso  holds an M.Sc. Degree in Oceanography from University of Sao Paulo (Brazil), a Ph.D. in Environmental Economics from University of Maryland, a certificate in Advanced Business Management from Georgetown University and Executive Education from Harvard Kennedy School.

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