Economics

( 2 to 3 pages max)

Issue

· Define the problem

Background/Situation Analysis

· Overview of the current situation

Economic Analysis

· What does the economic analysis show

· What does economic theory tell us

· Benefit-Cost Analysis

· Cost Effectiveness

Risk Analysis

· What are the key risks

· What are the consequences

Option Analysis

· What are the available options

· Alternative policy instruments (rational)

Assessment of the Proposal

· Strengths and Weaknesses of the paper from your perspective

· Why

Personal Recommendations

· What is your recommended option /solution to the problem

· Why ( evidence based – economic theory, lessons learned , best practices)

Note: marks will be deducted if the briefing note is more than 3 pages.