Economic Impact Assessment and Modelling

Our close partnership with the Centre of Policy Studies at Monash University combines our policy expertise with Australia’s premier economic modeling capability. In conjunction with the Centre, we project the global, national and regional impacts of policy changes or other economic ‘shocks’ so as to provide a solid backing for policy and strategic assessments, including in:

  • assessing the overall impact and economic benefits of major investment projects
  • estimating the impact of possible policy changes, such as in regard to climate change

The Directors of Insight Economics have been major users of the MONASH economic model for many years and work closely with Professor Philip Adams, Director of the Centre of Policy Studies. MONASH is a highly advanced, dynamic economic model which produces credible estimates of the impact of policy or other shocks on the Australian economy as a whole, state and territory economies and also on Australia’s 56 statistical divisions or regions.