Economic quantification intelligence forecasting
Economic thinking is essential to government departments and businesses alike. It provides a toolkit to rationalise decision making - helping to understand how incentives interact with the reality of scarce resources. This is important as both businesses and government departments seek to get the most out of the resources at their disposal.
Our expert team can help provide answers to your public policy and firm-level questions using economics. The bespoke nature of our work means that every project is unique.
How we can help
Our team can help you evaluate a number of key questions:
- What has been the economic impact of an intervention?
- What will be the economic impact of a proposed policy?
- Does a certain policy or intervention produce value for money?
- What is the most optimal policy to help address an economic problem or market failure?
- What is the size/scope of a certain sector that is of interest to policymakers?
- How do UK policies compare with other interventions around the world?
- Does a specific policy rationale hold true in light of the micro and macro context?
- What is the degree of market failure in a certain industry?
- What are the key economic opportunities and challenges facing policymakers over the next 30 years?
Much of the above covers policy questions. Our strategy, economic and policy consulting team have expertise in a wide range of policy areas, including funding programmes for key sectors such as science, innovation, cybersecurity, agriculture, arts, culture, creative industries and small businesses. Additionally, we can provide fiscal policy evaluation as well as insights on the economic impacts made by institutions, housing, international trade policy, health policy, taxation policy, environmental policy, labour market policy, immigration policy as well as other levers.
The UK economy faces very considerable economic changes over the coming decades.
Our team can help you evaluate a number of key questions:
- What are the prospects of our industry going forward?
- Will a certain new technology or process create challenges or opportunities for us and our broader sector?
- How exposed is our industry or firm to technological disruption?
- What is the size of a particular market that we wish to enter?
- What does our industry supply chain look like?
- How sustainable is our supply chain and how exposed it is to environmental risks?
- What does our firm’s supply chain look like?
- What is our level of exposure to global economic risks such as trade disruption, commodity price shocks and global macroeconomic shocks?
- What are the industries we should be focusing on for the future?
- What is our negotiating leverage with our suppliers and customers?
- Are our business plan economic assumptions realistic?
- What is the broader, holistic, economic impact of our business?