ECONOMICS IN THE REAL WORLD
ECONOMICS IN THE REAL WORLD
Alma Economics combines unparalleled expertise in economics and advanced data analysis with a focus on the real world.
Our organisation works across the public, private and voluntary sectors in the UK, Europe, the Middle East and Africa, working with clients including the European Commission, the World Bank and a number of governments.
Forecasting. From relatively simple time series models to complex structural macroeconomic models our team are experts at forecasting and can advise on the most appropriate methods to suit different circumstances.
Evaluation. Whether it is designing a best-practice randomised controlled trial or creating a counterfactual from limited data, we understand how to conduct robust evaluations. Isolating the true impact of a specific policy or programme is challenging, but we specialise in this science.
Data analysis. We love working with numbers and combining economic theory with advanced statistics to answer research questions. We can advise on the best methods for analysis given existing data or we can run a data collection exercise where information does not exist.
Reviewing existing evidence. From a rapid literature review to a comprehensive evidence review – we can get identify and summarise known academic and policy information in an area.
Qualitative research. Though we love numbers, sometimes the right ones do not exist or they do not give a complete picture of the situation on the ground. Qualitative analysis can either tell a story behind the numbers or stand in its own right. We have used qualitative tools to discover information for our clients that has improved processes, enhanced understanding and turned around services. We can design and carry out surveys (both large and small scale) including advising on sampling and making sure the responses allow for later analysis.
Performance monitoring and benchmarking. Using data to drive performance can achieve remarkable results. We have supported clients in defining a well designed set of targets and indicators that are simple to update. Benchmarking performance, whether of a country, a public service or a company, can unearth areas for reform. We are proud of our innovative data visualisation tools that present complex information in a manner that is straightforward to interpret, highlighting any key messages. Our tools here include Key Performance Indicators, Performance Data Dashboards, and Macroeconomic briefing updates.
Training. We have designed and delivered training courses covering a broad range of analytical fields including forecasting, evaluation, policy appraisal, advanced econometric methods, and making better use of data. All our courses are tailored specifically to each client to ensure we pitch the training at the right level so it is challenging and clear.
Our team is passionate about applying economics and analysis to improve outcomes in the public, private and voluntary sectors. Our work spans a number of countries and we have offices in London and Athens.
We are a young firm but have already achieved a lot and are growing quickly – we’ve done work for clients such as the European Commission, the World Bank, Adam Smith International, FTI Consulting, the UK Commission for Employment and Skills, the Consortium of Voluntary Adoption Agencies and the governments of Malawi, Ethiopia and Sierra Leone.
Our work ethos:
We are looking for talented, ambitious individuals to join our team. We want people who can think critically and are willing to have fun while delivering outstanding work covering a range of subject areas.