Since January 2000, the authors have experimented with an integrated community-based research-education-service model that combined (1) funded research into the local economic effects of the University of Vermont; (2) a sequence of four semester-long courses to conduct the research and to implement and evaluate key findings; and (3) a university-community partnership that defined and guided the research and helped identify and implement actions that grew out of the research. The authors found that combining all three goals--research, education, and service--into a set of integrated activities can offer substantial benefits to faculty, students, and community groups. In particular, these innovative experiential courses can improve the quality of learning and serve as a capstone course for an undergraduate economics major. (Contains 8 endnotes.)