Public Policy Analysis
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Course Details
- Introduction
- Objective
- Who should attend
Public policy serves as a crucial instrument for governments and institutions to address societal challenges, regulate markets, and promote economic and social well-being. Effective policy analysis requires a deep understanding of the theoretical frameworks, institutional structures, and data-driven methodologies that shape policy decisions and their outcomes. This course provides a comprehensive approach to public policy evaluation, integrating economic principles, governance models, and empirical research methods to assess policy effectiveness and impact.
Participants will explore key topics such as market failures, institutional dynamics, stakeholder influence, and political constraints that affect policy formulation and implementation. By applying game theory, statistical analysis, and impact evaluation techniques, attendees will develop practical skills to analyze policy trade-offs, predict outcomes, and design data-informed solutions. The course also emphasizes the role of communication strategies and data visualization in conveying policy findings to decision-makers and the public.
Through case studies, interactive exercises, and applied research, this course equips professionals with the analytical tools needed to navigate the complexities of modern governance, ensuring well-structured and impactful policies in both public and private sectors.
Course Outline
Introduction to Public Policy
- Understanding the significance and purpose of public policy
- Identifying market failures and distinguishing between public and private goods
- Examining the role of theoretical and empirical models in analyzing and predicting policy outcomes
- Introduction to game theory and how it is used to analyze strategic interactions between decision-makers in policy settings
- Understanding the rationality assumption and the limited rationality concepts, and their role in policy analysis
- Exploring typical strategy games in policy studies and factors contributing to the collapse of negotiations
- Practical exercises on using game theory and strategy gams in policy analysis and studies
Course Video