About

Dr Paul J. Metcalfe

Founding Director


Paul has more than 20 years’ experience as a consultant and economic researcher. In that time he has completed well over a hundred projects, for clients in water, energy, transport, post, health, financial services, and local government sectors. He has particularly strong experience in the water sector, where his clients have included DEFRA, Ofwat, the Environment Agency, UK Water Industry Research, Water UK, and most of the UK water companies.

In addition to his consulting work, Paul is currently a Visiting Research Fellow at the London School of Economics, and was previously a visitng lecturer at City University, London, where he taught the MSc course “Quantitative Techniques for Competition and Regulation”. Paul has an BSc in Economics from the University of Bristol, an MSc in Economics from the University of York, an MSc in Human Geography from the London School of Economics, and a PhD in Environmental Economics from the London School of Economics. Before founding PJM economics, Paul worked at NERA economic consulting in London, and at the Centre for Market and Public Organisation in Bristol.

Our Team

Come work with us!

PJM economics is a leading consultancy in the UK providing economic valuation, economic appraisal and modelling and forecasting services to clients in water, energy and transport sectors. We are completely independent, and united by a passion for applying economics and econometrics to help clients succeed.

If you would like to work with us, on either a freelance or permanent basis, and believe you have the skills and experience to complement our team, please send an email containing your CV to paul@pjmeconomics.co.uk.

“We really appreciated the advice we had dealing with three clients hungry for detail and knowledge in Malawi Turkey and Oman. Rarely do we find a combination of solid theoretical background with good client use a friendly personable and responsive approach”
Anan Allos
Director, Atkins
“PJM has been critical to the success of a number of our customer research projects in passenger rail. They combine rigorous statistical analysis with a pragmatic approach to specifying and then working with the available customer data - to produce robust and actionable insights.”
Owen Hazell
Commercial Development Director, Rail Division, First Group
“PJM worked diligently and patiently on a very difficult and complex project, using novel approaches for combining discrete and often imperfect sources of input data, to produce useful indicators as to how different aspects of the fishery experience are valued by anglers in England.”
Graeme Peirson
Principal Fisheries Scientist, Environment Agency