Our impact

Economy’s vision is of a flourishing and sustainable society in which there is diverse and inclusive public conversation about the economy, and economics is a tool everybody can use to make confident personal choices; articulate their needs, values and priorities; take action to shape the economy and participate in democracy.

We believe that being able to talk about the economy and shape it are essential foundations for wellbeing, citizenship, social cohesion, economic security, and democracy.

Learn more about Economy’s 2019-2022 strategy and Theory of Change.

Learn more about our current activities.

Some of our recent impact highlights include: 

Nearly half a million people engaged with understandable economic news and co-produced community stories at ecnmy.org.

Over 280 adults attended Economy workshops and crash courses across Greater Manchester, London and Scotland, building critical economic knowledge, confidence and skills.

40 young people participated in our ‘Discover the Economy’ extracurricular course, and a further 600 young people joined our one off workshops and events.

We partnered with the Manchester Evening News, producing an 8 page ‘Our Economy’ pullout showcasing the views and experiences of local people, as well as local economic news affecting their communities. The pullout was distributed through our community partners and in 33,000 copies of the MEN.

We have created 300+ Learn articles for ecnmy.org, covering everything from ‘why are house prices so expensive’ to ‘is inequality really a problem?’’ This content both provides economic literacy to end users and provides a model for other media outlet’s economic coverage.

We co-edited a 65-page guidance journal for teachers, dedicated to Economics Education in Citizenship with the Association of Citizenship Teaching and Young Enterprise. A print copy was sent to every secondary school in the UK.

We won a Nesta Democracy Pioneer Award for our work creating the conditions for public participation in economic conversation and decision making.

94% of participants that completed our Crash course indicated that they would like to engage with economic decision making in their local authority.

55 young people and 26 young professionals from GES, OBR, BlackRock, ICAEW, Banks of England, PwC, Grant Thornton and Deloitte attended our first ever ‘Economics in Society’ careers event.

How we capture our impact

We aim to take a continuous learning approach to all of the activities that we undertake at Economy. That means:

1

We collect data using a two-minute survey for all participants and collaborators in our education and co-production activities. This helps us get top-level feedback on our impact and to monitor the diversity of the participants that we are engaging with.

2

Whenever we’re delivering an extended piece of work or project we produce a monitoring and evaluation plan. This sets out the specific measurement tools and indicators that will be used and how the data collected will be analysed.

3

We collect data on engagement with our digital outputs and our overall organisational impact on a rolling basis, and review it regularly together as a whole staff team as part of a monthly discussion on what we have learned.

Updating our Theory of Change

In 2021 we will be updating our theory of change based on what we’ve learned and how the world has changed. We’ll also be developing our next strategy in conversation with our community.

If you’ve got any suggestions or want to work with us we’d love to hear from you. Please email our CEO Joe Earle at joe.earle[at]ecnmy.org

Our annual reports

As a registered charity, Economy submits an annual report and accounts to our regulator the Charity Commission each year. The reports are all available for public viewing:

Economy Annual Report and Accounts

Year Ended 31 March 2017

Economy Annual Report and Accounts

Year Ended 31 March 2018

Economy Annual Report and Accounts

Year Ended 31 March 2019

Economy Annual Report and Accounts

Year Ended 31 March 2020