Description
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, it is important to use economic approaches to better understand the real costs of governmental programs.
Research costs-benefit analysis and cost-effective analysis of the foreign policy and homeland security that you are evaluating.
Create a paper detailing the fiscal analysis you deem necessary for gauging the cost of the policy.
• What cost-benefit analysis would you apply?
• What steps would you go through?
• What kinds of data would you need to conduct such an analysis?
• What financial and human resources would this analysis require?
• What results would you expect?
• What cost-effectiveness analysis would you apply?
• What steps would you go through?
• What kinds of data would you need to conduct such an analysis?
• What financial and human resources would this analysis require?
• What results would you expect?
