Economics Training Courses

We provide economics training courses to regulators, companies, consumer organisations and government departments.

Our training courses can be delivered either online or in person within the client’s premises.

Our training courses are delivered by senior staff with in-depth expertise in the subject area that they are presenting on.

To enhance the learning experience, we make our training courses interactive by encouraging questions and making use of discussion points and breakout sessions. Our training courses have consistently received good scores from attendees in course evaluations.

Our current portfolio of training courses includes:

Training course on utility regulation

This covers the rationale for price regulation, how price controls are calculated, the assessment of efficient costs, the basics of cost of capital estimation, mechanisms to deal with uncertainty, and the design of incentive schemes.

Training course on cost of capital

This covers the rationale for price regulation, how price controls are calculated, the assessment of efficient costs, the basics of cost of capital estimation, mechanisms to deal with uncertainty, and the design of incentive schemes.

Training course on tariffs for utilities

This covers tariff setting in the utilities sectors both for network businesses and at retail level.

Training course on competition law in the utilities sectors

This covers the application of competition law in the utilities sectors. Topics include concurrency, market definition, assessing market power, cartels, abuse of dominance, mergers, market studies and market investigations.

Training course on cost-benefit analysis

This explains how to carry out cost-benefit analysis of infrastructure investment or public policy.

Training course on behavioural economics in regulated sectors

This covers what behavioural economics is, common behavioural biases, the effect of biases on consumer and firm behaviour, and the implications for regulators and policy-makers.

Our training courses are delivered by senior staff with in-depth expertise in the subject area that they are presenting on.

To enhance the learning experience, we make our training courses interactive by encouraging questions and making use of discussion points and breakout sessions. Our training courses have consistently received good scores from attendees in course evaluations.

Our current portfolio of training courses includes:

In addition to the above courses, we can design bespoke training courses for clients in any area of our expertise. For example, we designed a bespoke training course for the Environment Agency on Willingness to Pay analysis, and a bespoke training course for the Payment Systems Regulator on regulating access to networks and facilities.

Key Contacts

Please feel free to reach out to our experts if you have any questions.

Executive Director and Principal

Economics Training Courses Publications

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Feel free to reach out to us to discuss your needs or ask any questions you may have. We welcome you to contact us for further information or to explore how we can assist you.

European Commission, DG CLIMA

We have conducted several studies for DG CLIMA relating to the European Union’s emissions trading system.   For example, we conducted a study looking at the impact of changes in trading activity on the price formation processes in the European carbon market, the access to the market for retail investors, which included also the access via exchange traded funds (ETFs), the hedging strategies of EU emissions trading system (ETS) compliance entities, and the role played by derivatives and financial entities in the EU ETS.

Danish Energy Regulator (Energistyrelsen)

We looked at how a benchmarking model used to help set price controls by the Energistyrelsen on DSOs might affect the Green Transition.  We looked at the challenges facing DSOs in the Green Transition and what behaviours should be incentivised.  We then looked at how the benchmarking model and wider regulatory framework might affect those incentives.  This included developing a number of worked examples to consider how the benchmarking model might affect incentives to invest in network expansion, faster connections or flexibility solutions. 

Zero Waste Scotland

Europe Economics was engaged by Zero Waste Scotland (ZWS) to estimate how potential efficiency savings in water and energy are likely to be distributed across firms of different sizes and ownership structures in Scotland. The aim was to inform ZWS policy of where to target resource saving initiatives; in particular whether potential savings were sufficiently concentrated among SMEs to warrant specific effort among these.

We was also engaged by ZWS to estimate the costs and benefits of proposed market restrictions on specific single-use plastic products in Scotland and to analyse the impacts of the restrictions on competition, consumers and Scottish firms.

Citizens Advice UK

We were commissioned by Citizens Advice UK to investigate the mechanisms that could be used to limit or share the financial risk for energy bill payers in the context of highly anticipatory energy infrastructure investments in GB.

We developed a compendium of risk-allocation tools and, for each, we analysed: the suitability of the mechanism for different types of investments and projects; the extent (and the type) of risk allocated to consumers; the relative advantages and disadvantages of the tool; and how they affect the cost of capital. Each tool also included a case study of the tool being applied in practice.