Background: Appraising the value of public policy should include a
budgetary ass
Background: Appraising the value of public policy should include a
budgetary assessment. As a professional in the field, you will not only need to
perform the assessment but also select how the assessment will be performed.
Because public policies can be expensive,
economic approaches are essential to better understanding the actual costs of
governmental programs.聽
This week, you will conduct a cost-benefit
analysis and cost-effective analysis of the policy that you are evaluating: Welfare and Social Security
STEP 1: Review- To inform the stakeholders you identified in
Week 2, add 10 to 15 slides detailing the fiscal analysis you deem
necessary to gauge the policy’s cost. Do not create a new slide deck –
expand on the one that you previously submitted during Week 2 and adjust for
feedback that was provided.
STEP 2: Consider the following questions about the policy that
you evaluated in Week 2:
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What cost-benefit
analysis would you apply?
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What steps would you
go through?聽
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What kinds of data
would you need to conduct such an analysis?
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What financial and
human resources would this analysis require?
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What results would you
expect?聽
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What
cost-effectiveness analysis would you apply?
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What steps would you
go through?
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What kinds of data
would you need to conduct such an analysis?聽
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What financial and
human resources would this analysis require?聽
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What results would you
expect?
STEP 3: Add a Summary Document for your stakeholders that includes
a quick guide table that will be attached to the report you give them in
Week 6. Populate the table with the answers to the questions listed above for
each cost analysis.
STEP 4: Format your PowerPoint庐 presentation to ensure that the slides only contain essential
information and as little text as possible. Do not design a slide made up of
long bullet points. Your speaker notes convey the details you would give if you
were presenting.
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For help, consult the
guide on how to create speaker notes
from Microsoft庐.
STEP 5: Include comprehensive speaker notes with APA
citations as appropriate.
STEP 6: Cite at least 2 peer-reviewed or similar references to support your
assignment.
STEP 7: Include a slide with APA-formatted references.