Policy Memo

Problem statement (20%) – What policy issue are you addressing, and why is policy intervention needed? Couldn’t it just be left alone?
Review of policy options and recommendation (30%) – Having motivated the issue, what is the range of plausible policy responses? What are the pros and cons of these various options, and what prompts you to choose the one that you are recommending?
Stakeholder analysis (20%) – What are the different sectors or groups within our society that are likely to be impacted, positively or negatively, by your proposed policy? What are the social justice implications? Is there some Pareto-improving strategy whereby a win-win outcome might be feasible?
Implementation strategy (30%) – What will your policy recommendation actually look like in practice? Can you sketch out the key elements of any requisite legislation? What will be the respective roles of federal, state and local governments in implementing your policy recommendation? What about the private or not-for-profit sectors? How, and by whom, will compliance be enforced? What are the costs?

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