Economic Analysis
Economic Analysis is the process of examining financial and economic data to aid decision-making within finance and accounting. It encompasses forecasting trends, evaluating economic health, assessing fiscal policies, and analyzing financial performance to inform business strategies and investment choices.
Level 1: Emerging
At an emerging level, you are beginning to understand and apply basic principles in economic analysis within a finance and accounting context, with reliance on guidance and instructions.
Level 2: Proficient
At a proficient level you are able to conduct detailed economic analysis, incorporating financial data to make informed decisions on budgeting, forecasting, and investments within a Finance and Accounting context.
Level 3: Advanced
At an advanced level, you are able to conduct complex economic analysis to inform strategic financial decisions, applying advanced quantitative and qualitative techniques to forecast trends and evaluate financial risks.
