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The Office of the University Economist was created by Arizona State University President Michael M. Crow in 2005. The office has two primary functions: 1) to administer the Productivity and Prosperity Project (P3), and 2) to respond to strategic and tactical needs of the Office of the President and the university as a whole related to economic development and the university’s role as an economic driver. Reports associated with the second function are divided into three sections: public finance, Arizona universities, and Arizona demographics.
The work of the Productivity and Prosperity Project is divided into four components:
A special aspect of the work addresses the contribution of universities to regional economies as part of President Crow’s prior leadership of the Commission on Innovation, Competitiveness and Economic Prosperity (CICEP), a part of the Association of Public and Land-Grant Universities.
The Office of the University Economist contributed to another initiative, the United States-México Policy Analysis Tool (USMexPAT). A website has been dedicated to this project.