Economic advisory

Organisations today are expected to demonstrate greater value, transparency and accountability when making investment, policy and funding decisions. Whether developing a business case, evaluating public investment or assessing economic impact, decision-makers need robust evidence to support confident choices.

At Forvis Mazars, our economic advisory team combines economic expertise with practical sector knowledge to help organisations make informed, evidence-based decisions. Working across healthcare, life sciences and the public sector, we provide independent analysis that supports investment, policy development and long-term strategic planning.

Our economic advisory services

Our specialists apply rigorous economic analysis, modelling and evaluation techniques to help organisations understand the wider economic, financial and societal impact of their decisions.

Economic strategy and policy advisory

Effective policy and strategy are built on robust evidence and a clear understanding of economic trends.

Our economic strategy and policy advisory services include:

• Economic strategy development
• Public policy advisory
• Industrial and sector strategy
• Regional and economic development
• Productivity and growth analysis

Cost-benefit analysis and economic appraisal

Major investment decisions require objective evaluation and a clear demonstration of value for money.

Our cost-benefit analysis and economic appraisal services include:

• Cost-benefit analysis (CBA)
• Business case development
• Investment appraisal
• Options assessment
• Infrastructure Guidelines compliance

Socio-economic impact assessment and evaluation

Understanding the wider economic and social impact of programmes and investments enables organisations to demonstrate value and improve future decision-making.

Our socio-economic impact assessment and evaluation services include:

• Socio-economic impact assessments
• Programme evaluation
• Economic impact studies
• Value-for-money assessments
• Monitoring and evaluation frameworks

Macroeconomic and market analysis

Changing economic conditions influence every strategic decision. We help organisations understand market dynamics, assess future scenarios and identify emerging opportunities and risks.

Our macroeconomic and market analysis services include:

• Macroeconomic analysis
• Market and sector analysis
• Labour market analysis
• Economic forecasting and scenario planning
• Strategic economic insight

Financial and economic modelling

Robust modelling provides organisations with the evidence needed to evaluate options, assess investment decisions and support long-term planning.

Our financial and economic modelling services include:

• Demand forecasting
• Financial modelling
• Investment modelling
• Funding analysis
• Pricing and economic modelling

Stakeholder and funding strategy

Securing investment often requires organisations to present a compelling, evidence-based case to government, funding agencies and other stakeholders.

Our stakeholder and funding strategy services include:

• Stakeholder engagement strategies
• Funding strategy
• EU funding support
• Investor-ready business cases
• Public sector funding advice

Sector expertise

Life sciences

We support life sciences organisations in demonstrating the value of innovation, improving market access and securing investment through robust economic evidence.

Our expertise includes:

• Grant application support
• Health Economics and Outcomes Research (HEOR)
• Cost-effectiveness modelling
• Budget impact analysis
• Market access and reimbursement strategy

Healthcare

Healthcare organisations increasingly rely on robust economic evidence to inform investment decisions, redesign services and improve long-term population outcomes.

Our expertise includes:

• Population-based modelling
• Service redesign and pathway economics
• Public health economics
• Prevention programme evaluation
• Healthcare demand forecasting

Public sector

We work with government departments, agencies and public bodies to strengthen public investment decisions and improve policy outcomes through rigorous economic analysis.

Our expertise includes:

• Public investment appraisal
• Policy design and evaluation
• Regional and urban economics
• Labour market and skills analysis
• Climate and sustainability economics
• EU funding and programme support

Why choose Forvis Mazars

Economic advice should do more than produce analysis – it should provide organisations with the confidence to make important decisions.

Our economists combine technical expertise with practical delivery experience, working alongside clients to develop robust, transparent evidence aligned with recognised best practice. By collaborating closely with our business transformation and data analytics & AI specialists, we help organisations move beyond analysis to successful implementation.

Contact us

Whether you are developing a business case, evaluating a major investment, assessing economic impact or informing strategic policy decisions, our economic advisory specialists can help.

Contact our team to discuss how Forvis Mazars can support your organisation with independent, evidence-based economic advice.