SlideShare a Scribd company logo
1 of 50
Page 1 of 8
ECON1010, 2019S2, Policy Brief Instructions
Page 1 of 8
ECON 1010 – Macroeconomics 1
Policy Brief Project (40 marks)
1. Overview
We have developed the analytical tools that economists use
when discussing policy options
and have discussed its likely impacts on the economy in theory.
In this assignment you take the role of the policy advisors,
employed by government
departments or big corporations (your clients are therefore the
government and its ministers
and big corporate organisations) to apply those skills and
expertise knowledge accumulated
in this course so far.
As an expert’s role in the government /corporation decision
making process, your task has
the following two objectives:
Analysis: Experts are responsible for analysing the economic
scenario (depicting the likely
impact of the policy on the economy), using the specialised
knowledge and the technical
expertise in the discipline.
Communication skills: Experts must communicate their finding
and recommendations
effectively to the decision-makers in government – ministers,
senior public servants – and
executives of corporations as an independent/third party
observer.
This assignment is designed to help you develop the skills of
critically interpreting and
analysing macroeconomic data and effectively communicating
your findings to the targeted
audience.
Page 2 of 8
ECON1010, 2019S2, Policy Brief Instructions
Page 2 of 8
There will be three parts to this assignment:
Part A: Diagnostics (macroeconomics data collection and
interpretations)
Task: You apply knowledge to the macroeconomics data and
present a diagnostic
analysis of the economy. Make important observations and
assess the current
situation of the economy; finally, identify if economy is ‘stable’
or showing
any signs of ‘economic downturn’ or any other problem.
Part B: Policy brief report
Task: Based on your ‘Diagnostics’ in Part A, you suggest the
‘Policy
Recommendations’. These recommendations must be backed by
proper
justification and rationale. As the last step, communicate
everything
(diagnostics, policy recommendations, justification/rationale)
effectively to
your client in the form of a policy brief. Policy briefs aim to be
practical and
well-researched to make it useful and worthwhile for your
clientele.
Part C: Micro-credential (Information Literacy)
Task: You are required to complete the micro-credential
(Information Literacy)
which will help enhance your skills in searching for, organising
and
interpreting information.
1. Submission
In principle, you need to form a group with a size of TWO(2)
students. All group
members must be enrolled in the same tutorials (a strict
requirement).
In the case that you would like to form a group with a student
from a different tutorial or you
like to submit as the individual work, you will need to seek
approval from the course
coordinator, explaining the valid reasons (please email to
[email protected])
Turnitin: As you upload your work to Canvas, note that it will
be automatically transferred
to the Turnitin1 website and screened for plagiarism.
See below for the university policy on academic plagiarism and
penalties;
https://www.rmit.edu.au/students/student-essentials/assessment-
and-exams/academic-integrity
There is Turnitin checking tool available in Canvas. The
benchmark for good submission is less than
50% of similarity. If the similarity report indicates over 50%,
we will investigate the presence of any
academic plagiarism on the submitted assignment. If there is a
severe offence, we will pose the
penalties following the university policy outlined above. So,
please check the similarity before you
submit the final version.2
1 https://en.wikipedia.org/wiki/Turnitin
2 Please note that it is fairly easy for us spot any plagiarism
from the following websites; Trading Economics
- https://tradingeconomics.com/
mailto:[email protected]
https://www.rmit.edu.au/students/student-essentials/assessment-
and-exams/academic-integrity
https://tradingeconomics.com/
Page 3 of 8
ECON1010, 2019S2, Policy Brief Instructions
Page 3 of 8
2. Grading
This assignment is worth of 40 marks. Grade allocations are
summarised in the following table: (see
rubric outlining marking criterion is provided on Canvas).
In the case of group submissions, the marks are equally
distributed (ie, marks for the group
will become each member’s marks). For this reason, we expect
the equal contributions of
each member of the group to this project. Please also note that
Part C for Micro-credential is
an individual task (and marked individually).
3. Formatting requirements:
Your assignment must be typed using Student template. The
system will reject any form of
the file other than Student template (Failing to meet this
requirement will automatically
mean zero marks for this task).
If you do not have a word processor installed in your home
computer, follow this link and
in “APPS” you can use a Microsoft word processor;
http://www1.rmit.edu.au/students/mydesktop
All sections of the assignment should be included in the same
document by following the
Student template. The report should have a professional
appearance, appropriate to a
government/corporation workplace. Format your assignment as
follows;
⚫ Use A4 sized paper with all margins at least 2.5cm
⚫ Body text to be 12pt and black (no minimum line spacing)
⚫ All pages to be numbered
⚫ DO NOT include a cover sheet or table of contents
⚫ Strictly follow the Student template.
⚫ Stick to the page number restriction instructed in the template
Mark allocation Awarded to
Part A 12 Individual /Group
Part B 26 Individual /Group
Total (Part A+B) 38
Part C - Micro credential 2 Individual
Total (Part A+B+C) 40
http://www1.rmit.edu.au/students/mydesktop
Page 4 of 8
ECON1010, 2019S2, Policy Brief Instructions
Page 4 of 8
Instructions
Part A: Diagnostics analysis
Task: You apply knowledge to the macroeconomics data and
present a diagnostic
analysis of the economy. This will form a basis of the Policy
Brief as
presented in Part B.
Required steps: You must complete the following steps in given
order to complete Part A.
1. Choose any (only one) country from the list of ten countries
in our region
given below:
Countries:
• Australia
• China
• India
• Indonesia
• Japan
• Malaysia,
• Philippines
• Singapore
• Thailand
• Vietnam
2. Choose any one group of indicators, A or B, from the
following two groups:
Indicator Groups:
A. Output measured as ‘GDP’ and Inflation measured by price
index (CPI
or GDP deflator)
B. Output measured as ‘GDP’ and Unemployment measured as
‘unemployment rate’.
3. Describe and interpret the most recent trends in the chosen
group of indicators.
Make observations on any structural change or discontinuity in
the trends and
based on that, comment on the overall state of the economy - if
the economy is
‘stable’ or showing any signs of ‘economic downturn’ or
‘economic upturn or
expansion’.
For this, take ‘yearly’ or ‘quarterly’ data. The time horizon for
the data series
can be maximum of five years or 20 quarters. Students can also
choose to have
data series of shorter or longer duration. However, data should
be long enough
for students to make useful inferences.
Page 5 of 8
ECON1010, 2019S2, Policy Brief Instructions
Page 5 of 8
Data sources: You may obtain the required data by searching
below (you must
cite which data source used);
https://www.abs.gov.au/ausstats
https://www.rbi.org.in/Scripts/Publications.aspx?publication=A
nnual
https://data.worldbank.org
https://sdbs.adb.org/sdbs
https://www.imf.org/en/Data
https://data.oecd.org/
https://treasury.gov.au/statistical-data/
Alternatively, you can use any other online data sources you
find as long as it is properly
cited in your report (we will check the validity of the sources)
Please closely follow the template to complete this section
https://www.abs.gov.au/ausstats
https://www.rbi.org.in/Scripts/Publications.aspx?publication=A
nnual
https://data.worldbank.org/
https://sdbs.adb.org/sdbs
https://www.imf.org/en/Data
https://data.oecd.org/
Page 6 of 8
ECON1010, 2019S2, Policy Brief Instructions
Page 6 of 8
Part B: Policy brief
Task: Based on your ‘Diagnostics’ in Part A, you are required
to suggest the
‘Policy Recommendations’. These recommendations must be
backed by
proper justification and rationale. Communicate everything
(diagnostics,
policy recommendations, justification/rationale) effectively to
your client in
the form of a policy brief. Policy briefs aim to be practical and
well-researched
to make it useful and worthwhile for your clientele.
A policy brief is quite different from essay or report writing.
Emphasis is placed on the clarity
and succinctness of the brief, which is essential in persuading
the target audience of your key
message. Policy briefs aim to be practical and well-researched
to make timely evidence-based
recommendations.
The purpose of this policy brief is to communicate your
diagnostic in Part A and the analytical
discussions in Part B by making the best policy recommendation
to the decision-maker. You
need to provide enough information for the decision-maker to
understand your
recommendations and to reach a decision on the matter at hand.
However, senior government
officials and corporate executives only have limited time, so
you must be brief and straight
to the point.
When writing a brief, it is important to remember that it is for a
non-expert audience. You
must avoid using specialised economic terminology and state
everything in plain English.
Hint: Draw on the evidence you have gathered from Part A as
much as you can. You can use
other information or evidence not covered there, but that you
believe is useful. In that case,
you need to cite the source correctly.
General Checklist:
Here are some general guidelines. A policy brief should:
✓ Have a clear and specific purpose or focus - a policy brief
should have a audience in
mind. This could be the person making the decision, an
advocacy group, or the media. It
is important to keep this audience in mind when evaluating what
information needs to
be included in the brief. What do they know about the issue
already? What new
information would provide insight to the issue? The brief should
be limited to one issue
or problem.
✓ Be practical and based on evidence - a policy brief aims to be
persuasive and a big part
of convincing the target audience of your key message is
supporting your ideas with
evidence. Evidence should be used to indicate that there is an
issue with existing policy
Page 7 of 8
ECON1010, 2019S2, Policy Brief Instructions
Page 7 of 8
and to make recommendations. A policy brief is a practical tool
that has real world
implications.
✓ Be accessible and succinct - a policy brief uses language that
is familiar to the target
audience in a clear and simple manner. It should also be logical
and be easy to follow.
The assumption should be made that the target audience does
not have time to read a lot
of text, so the brief should be formatted clearly with descriptive
headings.
✓ Include a list of references or acknowledged sources - this is
so information or statistics
can be found and followed up on, if necessary.
Some examples of a policy brief;
https://piie.com/research/publications/policy-briefs
https://devpolicy.crawford.anu.edu.au/publications/policy-briefs
Please closely follow the Student template to write up your
report.
https://piie.com/research/publications/policy-briefs
https://devpolicy.crawford.anu.edu.au/publications/policy-briefs
Page 8 of 8
ECON1010, 2019S2, Policy Brief Instructions
Page 8 of 8
Part C: Micro-credential on Information Literacy
You are required to:
➢ complete the Information Literacy micro-credential. A link is
available on the Canvas
site for this course.
➢ provide a screen capture of your badge completion screen and
a copy of the badge from
the Information Literacy micro-credential: Claiming Your
Badge and Copying The
URL For Submission. Pdf
➢ You need to submit a proof of the completion individually in
Canvas (note that there
will be a separate submission portal)
➢ Note that only 2 attempts are allowed and students must gain
a minimum of 80% to
pass the Micro-credential.
ABOUTWho is NCHV?StaffBoard of DirectorsAnnual
ConferenceHousing SummitJob OpeningsContact UsNEWS &
MEDIABackground & StatisticsMedia
InformationPublicationsAll NewsPOLICY &
LEGISLATIONWrite-UpsPosition StatementsActive
LegislationCongressional TestimonySERVICE
PROVIDERSGrantsIn-Kind ResourcesTechnical
AssistanceStand DownStart a Vet ProgramTeleconferencesPost-
Conference NotesCorporate ConnectionHELP FOR
VETERANSLocate OrganizationImmediate HelpStep-by-
StepReplacing RecordsFederal BenefitsWomen
VeteransIncarcerated VeteransEMPLOYMENTGuides &
ResourcesWomen VeteransGrantees & ProfilesJob SeekersGET
INVOLVEDHow You Can HelpAdvocacyJoin
NCHVDonateKnowledge Tract
Solution
TractBriefing PapersVeterans Housing PortalCorporate
Connection
SITE SEARCH
Search
Fund Development and Diversification
Speakers:
Capital Venture – Linda Lysakowski
National Coalition for Homeless Veterans – Kristina Hunken
Kristina Hunken, NCHV
- Welcome
- Introduction of Linda Lysakowski
Linda Lysakowski, Capital Venture
- Why Plan? Where do you want to go?
- Strategic plan: where is organization heading?
- Set realistic goals: reasonable to raise $10,000? $10
million?
- Keep from getting sidetracked
- Having too many ideas for fundraising
- “Event fever”: placing drain on staff by doing too many
fundraising events
- Written plan keeps organization from getting sidetracked
- Measure success: use timelines; what fundraising events are
successful; what works and does not work
Basic Elements of Development Plan
- Goals (ex: raising awareness in community)
- Objectives (ex: develop/upgrade website by certain date)
- Objectives should be SMART: specific, measurable,
achievable, realistic, timely
- Strategies
- Action steps
- Who is going to do it?
- How much will it cost/raise?
- When is it going to be done?
Areas of Focus
- Communications: how does organization communicate with
donors?
- Donor Relations: relationships with donors when they aren’t
donating
- Research
- Fundraising Programs
- Constituencies
- Technology and Infrastructure
- Human Resources: who is going to do fundraising? Staff,
volunteers, board members?
Who Should be Involved in Planning Process
- Development Staff
- Non-Development Staff
- Board
- Development Committee
- Consultants: offer expertise, objective viewpoint
Assessing Current Development Programs
- SWOT Analysis: Strengths, Weaknesses, Opportunities,
Threats
- Strength: volunteers for implementation of program
- Weakness: no volunteers, weak Board
- Opportunity: new business in community, possible donor
- Threat: economy, major funder goes out of business
- Budget: is there a budget for fundraising?
- Development Audit
- Philanthropic Profile Assessment: important to understand
philanthropy before beginning fundraising; pinpoint
organization’s strengths and weaknesses
The Process
- Determining who will be involved
- Gathering Information
- Planning Meetings
- Setting Goals and Objectives
- Determining Strategy
- Assigning Budgets, timelines and areas of responsibility
Basic Development Infrastructure
Technology
- Donor Software
- Personalized appeals
- Accurate recording and reporting
- Donor history: track relationship with donor
- Donor preferences: contact by phone, letter, etc.
- Acknowledgment: thank donor within 24 hours of donation
receipt
- Specialized functions
Policies and Procedures
- Gift Acceptance Policies: outline what kind of gifts to
accept, who to accept gifts from, how gifts will be used
- Donor Software
- Office Procedures: who accepts gifts, when they will be
deposited
Case for Support
- Mission/Vision
- History
- Plans
- Compelling Reason to Give: emotional and rational case
The Integrated Development Program
- Have several sources of funding; diversify funding streams;
different types of fundraising activities
Donor Pyramid
- Start at bottom of pyramid: create awareness in community
through special events, publications, and public relations
- Goal is to turn continued and renewing donors into lifelong
donors
- Cultivation and relationship building leads to top of
pyramid: ultimate gift of bequests, planned gifts
Creating Awareness
- Public Relations
- PSAs and Press Releases: local television stations, radio,
newspapers to create visibility in community
- Communications: maintain relationships when donors are
not donating through giving updates, newsletters; donors want
to know how their money is being used
- Promotion Ideas
- Website: have info about how to donate/support organization
posted clearly on website
- Cultivation Events: bring people into organization; tour of
program in action; testimonials; asking for community members
to give advice/opinions often leads to donations
- Special Events
- Fund Raising or Friend Raising?
- Committees: having volunteer committee creates access to
different networks
- Staff Role: help with coordination
- Timelines: take year to plan event
- Budgets: set aside seed money to run event
- Setting Goals
The Annual Fund
- Grants
- Direct Mail: most expensive; best way to reach large
audience
- Acquisition
- Have a Plan
- Your Direct Mail Package
- Strategies for Renewal & Upgrading
- Telephone Solicitation: use volunteers or professional firm;
more successful if calling people who have given support in the
past; send pre-call letter
- Personal Solicitation: determine how much will be asked
for; 95/5 rule (95% of donated funds comes from top 5% of
donor base); businesses prefer to be solicited in person rather
than direct mail
- Capital Campaign: conduct feasibility study; coordinate with
development staff
- Planned Giving: how will it fit into overall development
program?
- Board Involvement
- Commitment to Fundraising
- 100% Giving
- Asking Others to Give
Getting Started
- Set three to five goals for your development plan (ex:
raising awareness in community, Board fundraising
commitment)
- What are some specific objectives that could be used to
reach these goals
- Discuss some strategies to each these goals and objectives
Implementing and Evaluating the Plan
- Taking Ownership: assign individual to be responsible for
implementing plan
- What Happens When It Falls Apart
- Measuring Success
- Reporting Success
Remember
- The plan isn’t written in stone, but neither should it be
written in disappearing ink!
- Do not be too rigid or too casual about development plan
Question and Answer Session
Closing
Kristina Hunken, NCHV
- Thank you
- Questions may be sent to Melanie Lilliston at
[email protected] or 202-546-1969
- Visit www.nchv.org for information on upcoming conference
calls
Veteran in crisis? Dial 1.877.424.3838 for 24/7 assistance.
1730 M Street NW, Suite 705 | Washington, DC | 20036 | t-
f. 1.800.VET.HELP | v. 202.546.1969 | f.
202.546.2063 | [email protected]
Department of Veterans Affairs
<Insert Segment Name>
<Enter Project Name Here>
OneVA Enterprise Architecture
Adapted From
<Month><Year>
Version <#.#>
This template contains a paragraph style called Instructional
Text. Text using this paragraph style is designed to assist the
reader in completing the document. Text in paragraphs added
after this help text is automatically set to the appropriate body
text level. For best results and to maintain formatting
consistency, use the provided paragraph styles. Delete all
instructional text before publishing or distributing the document
Revision History
Revision History
Date
Version
Description
Author
Place latest revisions at top of table.
The Revision History pertains only to changes in the content of
the document or any updates made after distribution. It does not
apply to the formatting of the template.
Remove blank rows.
Table of Contents
1.SWOT Analysis Information1
1.1.INTERNAL Strengths / Weaknesses1
1.2.EXTERNAL Opportunities / Threats1
2.SWOT Approach2
3.Sample SWOT Template3
<Segment Name>
SWOT Analysis2<Month> <Year>SWOT Analysis Information
SWOT Analysis is a strategic planning method used to evaluate
the Strengths, Weaknesses, Opportunities, and Threats (SWOT).
A SWOT Analysis is one analysis technique that could be
leveraged to identify strategic improvement opportunities. The
analysis technique involves identifying the internal and external
factors that are favorable and unfavorable to achieving a goal or
strategic objective.
For each SWOT factor identified, probabilities of occurrence
must be established facilitating the development of fostering
and/or mitigating activities. Strengths and Opportunities must
be nurtured in order to ensure they are leveraged throughout the
Segment life-cycle. Similarly, for Weaknesses and Threats,
mitigation strategies must be developed in order to reduce the
probability of occurrence and/or magnitude of impact.
Each gap to be addressed by Segment investment(s) must be
analyzed via a structured SWOT activity. The factors
considered during this analysis should include as a
minimum:INTERNAL Strengths / Weaknesses
Experience and Past Performance of the Management Team
Collaborative “attitude” of all Stakeholders
Senior Management Sponsorship
Justifiability of Needs and Expected Improvements
“Realism” of Anticipated (preliminary projections / estimates):
i. Costs
ii. Schedules
iii. Vendor Qualifications
iv. Technological MaturityEXTERNAL Opportunities / Threats
1. Outside Directives / Laws / Regulations, etc.
Cross Government:
i. Reuse Opportunities (Processes, Services, Technologies, etc.)
ii. Inclusion of External Stakeholders
Congressional Oversight Implications
“Visibility”
The results of the SWOT analysis should be quantified and
combined with gap priorities to establish a comprehensive
prioritization of Segment activities.SWOT Approach
Develop a Statement of Objective or Description of an End
State e.g. “An organization capable of IT portfolio
management” or “An organization capable of attracting, hiring,
and retaining a premier workforce.”
List and weight:
1. Strengths: attributes of the organization/segment that are
helpful to achieving the objective.
Weaknesses: attributes of the organization/segment that are
harmful to achieving the objective.
Strengths and Weaknesses are internal value creating (or
destroying) factors/business drivers such as assets, skills or
resources a company has at its disposal. They can be measured
using internal assessments or external benchmarking.
i. Opportunities: external conditions that are helpful to
achieving the objective.
ii. Threats: external conditions that are harmful to achieving the
objective. Opportunities and Threats are external value creating
(or destroying) factors an organization cannot control, but
emerge from either the competitive dynamics of the
industry/market or from demographic, economic, political,
technical, social, legal or cultural factors.
Determine
1. How can we Use each Strength?
How can we Stop each Weakness?
How can we Exploit each Opportunity?
How can we Defend/Destroy against each Threat?
Develop a strategy to reach the objective – The strategy should
contain ACTIVE verbs describing actions proposed to mitigate
risks and leverage opportunities. They should describe specific
activities, roles & responsibilities, triggers for strategy
implementation, and intended outcomes of each strategy.
Guidance: Make it about reaching the objective, rather than
about lists. Sample SWOT Template
Figure 1: Sample SWOT Template
Template Revision History
Date
Version
Description
Author
February 2014
1.1
Updated to MS Office 2007-2010 format, formatted to ProPath
documentation standards, and edited for Section 508
conformance
Process Management
September 2010
1.0
Initial Document
PMAS Business Office
Place latest revisions at top of table.
The Template Revision History pertains only to the format of
the template. It does not apply to the content of the document or
any changes or updates to the content of the document after
distribution.
The Template Revision History can be removed at the discretion
of the author of the document.
Remove blank rows.
Weaknesses
OpportunitiesThreats
Strengths
Strengths and Weaknesses are internal value creating (or
destroying) factors such as assets, skills or resources a
company has at its disposal relatively to its competitors. They
can be measured using internal assessments or
external benchmarking.
Opportunities and Threats are external value creating (or
destroying) factors a company cannot control, but emerge
from either the competitive dynamics of the industry/market or
from demographic, economic, political, technical,
social, legal or cultural factors.
Business
Driver
Business
Driver
Business
Driver
Business
Driver
Business
Driver
Business
Driver
Business
Driver
Business
Driver
Strengths
Weaknesses
Opportunities
Threats
Strengths and Weaknesses are internal value creating (or
destroying) factors such as assets, skills or resources a company
has at its disposal relatively to its competitors. They can be
measured using internal assessments or external benchmarking.
Opportunities and Threats are external value creating (or
destroying) factors a company cannot control, but emerge from
either the competitive dynamics of the industry/market or from
demographic, economic, political, technical, social, legal or
cultural factors.
Business Driver
Business Driver
Business Driver
Business Driver
Business Driver
Business Driver
Business Driver
Business Driver
Page 6 of 8
ECON1010, 2019S2, Policy Brief ‘Student template’
ECON 1010 – Macroeconomics 1
Policy Brief ‘Student template’
(strictly follow this template and use this template only for
submission)
You must compose the policy brief according to the template
detailed in this section. Instructions for each required element
of the brief are included within this template These instructions
are reflected in the requirements of the rubric detailed. Ensure
that the policy brief includes each of the elements detailed in
the template and that you do not reorder, rename, or omit any of
these elements.
By signing below, you agree to the RMIT university’s student
declaration
In principle, you need to form a group with a size of TWO(2)
students. All group members must be enrolled in the same
tutorials (a strict requirement).
In the event that you would like to form a group with a student
from a different tutorial or you like to submit as the individual
work, you will need to seek approval from the course
coordinator explaining the valid reasons (please email to
[email protected])
Student name
Student number
Tutorial Date/Time
Signature (take a picture of a signature and paste here)
Only one submission per group
Please indicate using * in student name who will be submitting
the assignment in Turnitin (in Canvas) on the group’s behalf.
Template
Part A: Diagnostics Analysis
In Part A, the overall page length cannot exceed two pages
Read ‘Policy Brief Instructions’. Note each group has two
indicators. You must present and analyze each indicator from
the chosen group of indicators.
Attach one Table/Figure for each indicator
Make sure that each figure/table has readable labels indicating
the unit of observations and variables (e.g., the large enough
font to read)
Name of country: XXXXXXXX
Indicator 1 from Group A (or B): XXXXXXXXXX
Presentation
(2 marks)
Attach one Table/Figure here
Comments and observations (Maximum 7 lines)
(4 marks)
Indicator 2 from the same Group A (or B): XXXXXXXXXX
Presentation
(2 marks)
Attach one Table/Figure here
Comments and observations (Maximum 7 lines)
(4 marks)
Max. of two pages for Part A (anything more than 2 pages will
not be assessed)
End of Part A
Part B: Policy Brief
In Part B, the overall page length cannot exceed three pages
For the best possible grade, it is necessary to follow the
instruction closely. Any deviations will result in marks taken
away.
Assignments are graded against marking criteria that
incorporate the requirements set out in the ‘Policy Brief
Instructions’. Failing to appropriately include all the
requirements outlined in the instructions typically precludes the
awarding of top marks.
Briefing for the (insert decision-makers’ title here. It can be a
prime minister!)
Subject: Include a brief but descriptive subject line. (Max
length 1 line). (1 mark)
Guide: The subject is the ‘title of your policy brief’.
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXX
Executive summary
(3 marks)
Write an executive summary of the policy brief. Your core
message should consist of three sentences. The first one
provides a summary of the scenario and what you found in Part
A. The second sentence summarizes the key rationale for your
recommendation. The final sentence summarizes your policy
recommendation. Maximum length of 5 lines.
Guide: The statements in this part should stand on their own.
Provide specific information and avoid generalities. The reader
of your brief should be able to understand the core message
without referring to the background information or the rest of
the brief.
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXX
Recommendations
(3 marks)
Provide minimum 2 to maximum 4 recommendations with
maximum of five lines are permitted for this section.
Guide: Each recommendation should be stated as a clear course
of action for the government /organization to pursue. Be precise
with your recommendation and the likely impact on the
economy but be concise. Avoid generalities and ambiguous
statements. Do not explain or seek to justify your
recommendation in this section. Do not describe the
consequence of your policy recommendation. Do not state
conditions or caveats for your recommendation.
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXX
Economic rationale
(15 marks)
Begin this section with a short outline of the context for the
brief, the summary of the problem identified in Part A, and any
other issues that you think useful.
Guide: This should set the scene for the reader and should
provide the reader with sufficient background information to
understand the purpose of the brief.
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
Use the remainder of this section to present economic
justifications and the rationale behind your recommendation(s).
In your discussion, you should;
· highlight any trade-offs entailed in your recommendation(s)
· raise any additional issues if implemented.
· point out the feasibility of the policy implementation (your
recommendation(s) need to be realistic)
You can discuss the economics rationale for all your
recommendations together or separately for each
recommendation. It should be decided by the students as in what
format they can present their argument effectively.
In the end, narratives should form a logical argument supporting
your policy recommendation.
Guide: Incorporate all information required to support your
recommendation in this section, regardless of whether or not the
same information has been included elsewhere in the brief. Do
not assert facts that are unsupported by either the narrative or
the diagnostics conducted in section A.
NOTE: Remaining 4 marks come from the literary presentation
of the report (See Rubrics for details)
Max. page is 3 pages for Part B (anything more than 3 pages
will not be assessed, but you may attach a one-page of reference
list after the 3-page limit)
End of Part B
Page 6 of 8

More Related Content

Similar to Page 1 of 8 ECON1010, 2019S2, Policy Brief Instructions .docx

MITS6004Enterprise Resource Planning .docx
MITS6004Enterprise Resource Planning .docxMITS6004Enterprise Resource Planning .docx
MITS6004Enterprise Resource Planning .docxaltheaboyer
 
12Assignment 2 Final ReportThis assignment is align.docx
12Assignment 2 Final ReportThis assignment is align.docx12Assignment 2 Final ReportThis assignment is align.docx
12Assignment 2 Final ReportThis assignment is align.docxaulasnilda
 
12Assignment 2 Final ReportThis assignment is align.docx
12Assignment 2 Final ReportThis assignment is align.docx12Assignment 2 Final ReportThis assignment is align.docx
12Assignment 2 Final ReportThis assignment is align.docxRAJU852744
 
Feedback from Part 1 please read and look for typos and grammar!! .docx
Feedback from Part 1 please read and look for typos and grammar!! .docxFeedback from Part 1 please read and look for typos and grammar!! .docx
Feedback from Part 1 please read and look for typos and grammar!! .docxmglenn3
 
ModuleLearningOutcomesassessedinthispiec.docx
ModuleLearningOutcomesassessedinthispiec.docxModuleLearningOutcomesassessedinthispiec.docx
ModuleLearningOutcomesassessedinthispiec.docxssuserf9c51d
 
RequirementsMicrosoft Project is the recommended software tool f.docx
RequirementsMicrosoft Project is the recommended software tool f.docxRequirementsMicrosoft Project is the recommended software tool f.docx
RequirementsMicrosoft Project is the recommended software tool f.docxheunice
 
Mktm028 2017.18 as1_resit_master[1] (1)-converted
Mktm028 2017.18 as1_resit_master[1] (1)-convertedMktm028 2017.18 as1_resit_master[1] (1)-converted
Mktm028 2017.18 as1_resit_master[1] (1)-convertedMeezan Bank
 
CMGT578 v12Week 4 Assignment InstructionsCMGT578 v12Page 2
CMGT578 v12Week 4 Assignment InstructionsCMGT578 v12Page 2CMGT578 v12Week 4 Assignment InstructionsCMGT578 v12Page 2
CMGT578 v12Week 4 Assignment InstructionsCMGT578 v12Page 2WilheminaRossi174
 
1 ECO 500 Final Project Guidelines and Rubric .docx
1  ECO 500 Final Project Guidelines and Rubric  .docx1  ECO 500 Final Project Guidelines and Rubric  .docx
1 ECO 500 Final Project Guidelines and Rubric .docxhoney725342
 
BM301 Task 4 Instructions (due 08122019)Task 4 Financial .docx
BM301 Task 4 Instructions (due 08122019)Task 4 Financial .docxBM301 Task 4 Instructions (due 08122019)Task 4 Financial .docx
BM301 Task 4 Instructions (due 08122019)Task 4 Financial .docxjasoninnes20
 
Unit 1 Module 1 - Overview of LASAsOverview of LASAsT.docx
Unit 1 Module 1 - Overview of LASAsOverview of LASAsT.docxUnit 1 Module 1 - Overview of LASAsOverview of LASAsT.docx
Unit 1 Module 1 - Overview of LASAsOverview of LASAsT.docxmarilucorr
 
Eileen Mullahy Document Planning
Eileen Mullahy Document PlanningEileen Mullahy Document Planning
Eileen Mullahy Document PlanningAmanda
 
#1This assignment is designed to help students analyze and i.docx
#1This assignment is designed to help students analyze and i.docx#1This assignment is designed to help students analyze and i.docx
#1This assignment is designed to help students analyze and i.docxpoulterbarbara
 

Similar to Page 1 of 8 ECON1010, 2019S2, Policy Brief Instructions .docx (15)

MITS6004Enterprise Resource Planning .docx
MITS6004Enterprise Resource Planning .docxMITS6004Enterprise Resource Planning .docx
MITS6004Enterprise Resource Planning .docx
 
Assessment details
Assessment detailsAssessment details
Assessment details
 
12Assignment 2 Final ReportThis assignment is align.docx
12Assignment 2 Final ReportThis assignment is align.docx12Assignment 2 Final ReportThis assignment is align.docx
12Assignment 2 Final ReportThis assignment is align.docx
 
12Assignment 2 Final ReportThis assignment is align.docx
12Assignment 2 Final ReportThis assignment is align.docx12Assignment 2 Final ReportThis assignment is align.docx
12Assignment 2 Final ReportThis assignment is align.docx
 
Feedback from Part 1 please read and look for typos and grammar!! .docx
Feedback from Part 1 please read and look for typos and grammar!! .docxFeedback from Part 1 please read and look for typos and grammar!! .docx
Feedback from Part 1 please read and look for typos and grammar!! .docx
 
2015 Fall Sylabus
2015 Fall Sylabus2015 Fall Sylabus
2015 Fall Sylabus
 
ModuleLearningOutcomesassessedinthispiec.docx
ModuleLearningOutcomesassessedinthispiec.docxModuleLearningOutcomesassessedinthispiec.docx
ModuleLearningOutcomesassessedinthispiec.docx
 
RequirementsMicrosoft Project is the recommended software tool f.docx
RequirementsMicrosoft Project is the recommended software tool f.docxRequirementsMicrosoft Project is the recommended software tool f.docx
RequirementsMicrosoft Project is the recommended software tool f.docx
 
Mktm028 2017.18 as1_resit_master[1] (1)-converted
Mktm028 2017.18 as1_resit_master[1] (1)-convertedMktm028 2017.18 as1_resit_master[1] (1)-converted
Mktm028 2017.18 as1_resit_master[1] (1)-converted
 
CMGT578 v12Week 4 Assignment InstructionsCMGT578 v12Page 2
CMGT578 v12Week 4 Assignment InstructionsCMGT578 v12Page 2CMGT578 v12Week 4 Assignment InstructionsCMGT578 v12Page 2
CMGT578 v12Week 4 Assignment InstructionsCMGT578 v12Page 2
 
1 ECO 500 Final Project Guidelines and Rubric .docx
1  ECO 500 Final Project Guidelines and Rubric  .docx1  ECO 500 Final Project Guidelines and Rubric  .docx
1 ECO 500 Final Project Guidelines and Rubric .docx
 
BM301 Task 4 Instructions (due 08122019)Task 4 Financial .docx
BM301 Task 4 Instructions (due 08122019)Task 4 Financial .docxBM301 Task 4 Instructions (due 08122019)Task 4 Financial .docx
BM301 Task 4 Instructions (due 08122019)Task 4 Financial .docx
 
Unit 1 Module 1 - Overview of LASAsOverview of LASAsT.docx
Unit 1 Module 1 - Overview of LASAsOverview of LASAsT.docxUnit 1 Module 1 - Overview of LASAsOverview of LASAsT.docx
Unit 1 Module 1 - Overview of LASAsOverview of LASAsT.docx
 
Eileen Mullahy Document Planning
Eileen Mullahy Document PlanningEileen Mullahy Document Planning
Eileen Mullahy Document Planning
 
#1This assignment is designed to help students analyze and i.docx
#1This assignment is designed to help students analyze and i.docx#1This assignment is designed to help students analyze and i.docx
#1This assignment is designed to help students analyze and i.docx
 

More from smile790243

PART B Please response to these two original posts below. Wh.docx
PART B Please response to these two original posts below. Wh.docxPART B Please response to these two original posts below. Wh.docx
PART B Please response to these two original posts below. Wh.docxsmile790243
 
Part C Developing Your Design SolutionThe Production Cycle.docx
Part C Developing Your Design SolutionThe Production Cycle.docxPart C Developing Your Design SolutionThe Production Cycle.docx
Part C Developing Your Design SolutionThe Production Cycle.docxsmile790243
 
PART A You will create a media piece based around the theme of a.docx
PART A You will create a media piece based around the theme of a.docxPART A You will create a media piece based around the theme of a.docx
PART A You will create a media piece based around the theme of a.docxsmile790243
 
Part 4. Implications to Nursing Practice & Implication to Patien.docx
Part 4. Implications to Nursing Practice & Implication to Patien.docxPart 4. Implications to Nursing Practice & Implication to Patien.docx
Part 4. Implications to Nursing Practice & Implication to Patien.docxsmile790243
 
PART AHepatitis C is a chronic liver infection that can be e.docx
PART AHepatitis C is a chronic liver infection that can be e.docxPART AHepatitis C is a chronic liver infection that can be e.docx
PART AHepatitis C is a chronic liver infection that can be e.docxsmile790243
 
Part A post your answer to the following question1. How m.docx
Part A post your answer to the following question1. How m.docxPart A post your answer to the following question1. How m.docx
Part A post your answer to the following question1. How m.docxsmile790243
 
PART BPlease response to these two original posts below..docx
PART BPlease response to these two original posts below..docxPART BPlease response to these two original posts below..docx
PART BPlease response to these two original posts below..docxsmile790243
 
Part A (50 Points)Various men and women throughout history .docx
Part A (50 Points)Various men and women throughout history .docxPart A (50 Points)Various men and women throughout history .docx
Part A (50 Points)Various men and women throughout history .docxsmile790243
 
Part A1. K2. D3. N4. C5. A6. O7. F8. Q9. H10..docx
Part A1. K2. D3. N4. C5. A6. O7. F8. Q9. H10..docxPart A1. K2. D3. N4. C5. A6. O7. F8. Q9. H10..docx
Part A1. K2. D3. N4. C5. A6. O7. F8. Q9. H10..docxsmile790243
 
Part A Develop an original age-appropriate activity for your .docx
Part A Develop an original age-appropriate activity for your .docxPart A Develop an original age-appropriate activity for your .docx
Part A Develop an original age-appropriate activity for your .docxsmile790243
 
Part 3 Social Situations2. Identify multicultural challenges th.docx
Part 3 Social Situations2. Identify multicultural challenges th.docxPart 3 Social Situations2. Identify multicultural challenges th.docx
Part 3 Social Situations2. Identify multicultural challenges th.docxsmile790243
 
Part A (1000 words) Annotated Bibliography - Create an annota.docx
Part A (1000 words) Annotated Bibliography - Create an annota.docxPart A (1000 words) Annotated Bibliography - Create an annota.docx
Part A (1000 words) Annotated Bibliography - Create an annota.docxsmile790243
 
Part 6 Disseminating Results Create a 5-minute, 5- to 6-sli.docx
Part 6 Disseminating Results Create a 5-minute, 5- to 6-sli.docxPart 6 Disseminating Results Create a 5-minute, 5- to 6-sli.docx
Part 6 Disseminating Results Create a 5-minute, 5- to 6-sli.docxsmile790243
 
Part 3 Social Situations • Proposal paper which identifies multicul.docx
Part 3 Social Situations • Proposal paper which identifies multicul.docxPart 3 Social Situations • Proposal paper which identifies multicul.docx
Part 3 Social Situations • Proposal paper which identifies multicul.docxsmile790243
 
Part 3 Social Situations 2. Identify multicultural challenges that .docx
Part 3 Social Situations 2. Identify multicultural challenges that .docxPart 3 Social Situations 2. Identify multicultural challenges that .docx
Part 3 Social Situations 2. Identify multicultural challenges that .docxsmile790243
 
Part 2The client is a 32-year-old Hispanic American male who c.docx
Part 2The client is a 32-year-old Hispanic American male who c.docxPart 2The client is a 32-year-old Hispanic American male who c.docx
Part 2The client is a 32-year-old Hispanic American male who c.docxsmile790243
 
Part 2For this section of the template, focus on gathering deta.docx
Part 2For this section of the template, focus on gathering deta.docxPart 2For this section of the template, focus on gathering deta.docx
Part 2For this section of the template, focus on gathering deta.docxsmile790243
 
Part 2 Observation Summary and Analysis • Summary paper of observat.docx
Part 2 Observation Summary and Analysis • Summary paper of observat.docxPart 2 Observation Summary and Analysis • Summary paper of observat.docx
Part 2 Observation Summary and Analysis • Summary paper of observat.docxsmile790243
 
Part 2 Observation Summary and Analysis 1. Review and implement any.docx
Part 2 Observation Summary and Analysis 1. Review and implement any.docxPart 2 Observation Summary and Analysis 1. Review and implement any.docx
Part 2 Observation Summary and Analysis 1. Review and implement any.docxsmile790243
 
Part 2Data collectionfrom your change study initiative,.docx
Part 2Data collectionfrom your change study initiative,.docxPart 2Data collectionfrom your change study initiative,.docx
Part 2Data collectionfrom your change study initiative,.docxsmile790243
 

More from smile790243 (20)

PART B Please response to these two original posts below. Wh.docx
PART B Please response to these two original posts below. Wh.docxPART B Please response to these two original posts below. Wh.docx
PART B Please response to these two original posts below. Wh.docx
 
Part C Developing Your Design SolutionThe Production Cycle.docx
Part C Developing Your Design SolutionThe Production Cycle.docxPart C Developing Your Design SolutionThe Production Cycle.docx
Part C Developing Your Design SolutionThe Production Cycle.docx
 
PART A You will create a media piece based around the theme of a.docx
PART A You will create a media piece based around the theme of a.docxPART A You will create a media piece based around the theme of a.docx
PART A You will create a media piece based around the theme of a.docx
 
Part 4. Implications to Nursing Practice & Implication to Patien.docx
Part 4. Implications to Nursing Practice & Implication to Patien.docxPart 4. Implications to Nursing Practice & Implication to Patien.docx
Part 4. Implications to Nursing Practice & Implication to Patien.docx
 
PART AHepatitis C is a chronic liver infection that can be e.docx
PART AHepatitis C is a chronic liver infection that can be e.docxPART AHepatitis C is a chronic liver infection that can be e.docx
PART AHepatitis C is a chronic liver infection that can be e.docx
 
Part A post your answer to the following question1. How m.docx
Part A post your answer to the following question1. How m.docxPart A post your answer to the following question1. How m.docx
Part A post your answer to the following question1. How m.docx
 
PART BPlease response to these two original posts below..docx
PART BPlease response to these two original posts below..docxPART BPlease response to these two original posts below..docx
PART BPlease response to these two original posts below..docx
 
Part A (50 Points)Various men and women throughout history .docx
Part A (50 Points)Various men and women throughout history .docxPart A (50 Points)Various men and women throughout history .docx
Part A (50 Points)Various men and women throughout history .docx
 
Part A1. K2. D3. N4. C5. A6. O7. F8. Q9. H10..docx
Part A1. K2. D3. N4. C5. A6. O7. F8. Q9. H10..docxPart A1. K2. D3. N4. C5. A6. O7. F8. Q9. H10..docx
Part A1. K2. D3. N4. C5. A6. O7. F8. Q9. H10..docx
 
Part A Develop an original age-appropriate activity for your .docx
Part A Develop an original age-appropriate activity for your .docxPart A Develop an original age-appropriate activity for your .docx
Part A Develop an original age-appropriate activity for your .docx
 
Part 3 Social Situations2. Identify multicultural challenges th.docx
Part 3 Social Situations2. Identify multicultural challenges th.docxPart 3 Social Situations2. Identify multicultural challenges th.docx
Part 3 Social Situations2. Identify multicultural challenges th.docx
 
Part A (1000 words) Annotated Bibliography - Create an annota.docx
Part A (1000 words) Annotated Bibliography - Create an annota.docxPart A (1000 words) Annotated Bibliography - Create an annota.docx
Part A (1000 words) Annotated Bibliography - Create an annota.docx
 
Part 6 Disseminating Results Create a 5-minute, 5- to 6-sli.docx
Part 6 Disseminating Results Create a 5-minute, 5- to 6-sli.docxPart 6 Disseminating Results Create a 5-minute, 5- to 6-sli.docx
Part 6 Disseminating Results Create a 5-minute, 5- to 6-sli.docx
 
Part 3 Social Situations • Proposal paper which identifies multicul.docx
Part 3 Social Situations • Proposal paper which identifies multicul.docxPart 3 Social Situations • Proposal paper which identifies multicul.docx
Part 3 Social Situations • Proposal paper which identifies multicul.docx
 
Part 3 Social Situations 2. Identify multicultural challenges that .docx
Part 3 Social Situations 2. Identify multicultural challenges that .docxPart 3 Social Situations 2. Identify multicultural challenges that .docx
Part 3 Social Situations 2. Identify multicultural challenges that .docx
 
Part 2The client is a 32-year-old Hispanic American male who c.docx
Part 2The client is a 32-year-old Hispanic American male who c.docxPart 2The client is a 32-year-old Hispanic American male who c.docx
Part 2The client is a 32-year-old Hispanic American male who c.docx
 
Part 2For this section of the template, focus on gathering deta.docx
Part 2For this section of the template, focus on gathering deta.docxPart 2For this section of the template, focus on gathering deta.docx
Part 2For this section of the template, focus on gathering deta.docx
 
Part 2 Observation Summary and Analysis • Summary paper of observat.docx
Part 2 Observation Summary and Analysis • Summary paper of observat.docxPart 2 Observation Summary and Analysis • Summary paper of observat.docx
Part 2 Observation Summary and Analysis • Summary paper of observat.docx
 
Part 2 Observation Summary and Analysis 1. Review and implement any.docx
Part 2 Observation Summary and Analysis 1. Review and implement any.docxPart 2 Observation Summary and Analysis 1. Review and implement any.docx
Part 2 Observation Summary and Analysis 1. Review and implement any.docx
 
Part 2Data collectionfrom your change study initiative,.docx
Part 2Data collectionfrom your change study initiative,.docxPart 2Data collectionfrom your change study initiative,.docx
Part 2Data collectionfrom your change study initiative,.docx
 

Recently uploaded

18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdfssuser54595a
 
APM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAPM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAssociation for Project Management
 
_Math 4-Q4 Week 5.pptx Steps in Collecting Data
_Math 4-Q4 Week 5.pptx Steps in Collecting Data_Math 4-Q4 Week 5.pptx Steps in Collecting Data
_Math 4-Q4 Week 5.pptx Steps in Collecting DataJhengPantaleon
 
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptx
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptxContemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptx
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptxRoyAbrique
 
Micromeritics - Fundamental and Derived Properties of Powders
Micromeritics - Fundamental and Derived Properties of PowdersMicromeritics - Fundamental and Derived Properties of Powders
Micromeritics - Fundamental and Derived Properties of PowdersChitralekhaTherkar
 
Sanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfSanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfsanyamsingh5019
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxSayali Powar
 
Introduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxIntroduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxpboyjonauth
 
Mastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory InspectionMastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory InspectionSafetyChain Software
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingTechSoup
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introductionMaksud Ahmed
 
Alper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentAlper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentInMediaRes1
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactdawncurless
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...EduSkills OECD
 
Solving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxSolving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxOH TEIK BIN
 
Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfArihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfchloefrazer622
 
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Sapana Sha
 
Concept of Vouching. B.Com(Hons) /B.Compdf
Concept of Vouching. B.Com(Hons) /B.CompdfConcept of Vouching. B.Com(Hons) /B.Compdf
Concept of Vouching. B.Com(Hons) /B.CompdfUmakantAnnand
 
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Celine George
 

Recently uploaded (20)

18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
 
APM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAPM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across Sectors
 
_Math 4-Q4 Week 5.pptx Steps in Collecting Data
_Math 4-Q4 Week 5.pptx Steps in Collecting Data_Math 4-Q4 Week 5.pptx Steps in Collecting Data
_Math 4-Q4 Week 5.pptx Steps in Collecting Data
 
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptx
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptxContemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptx
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptx
 
Micromeritics - Fundamental and Derived Properties of Powders
Micromeritics - Fundamental and Derived Properties of PowdersMicromeritics - Fundamental and Derived Properties of Powders
Micromeritics - Fundamental and Derived Properties of Powders
 
Sanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfSanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdf
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
 
Staff of Color (SOC) Retention Efforts DDSD
Staff of Color (SOC) Retention Efforts DDSDStaff of Color (SOC) Retention Efforts DDSD
Staff of Color (SOC) Retention Efforts DDSD
 
Introduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxIntroduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptx
 
Mastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory InspectionMastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory Inspection
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy Consulting
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introduction
 
Alper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentAlper Gobel In Media Res Media Component
Alper Gobel In Media Res Media Component
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impact
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
 
Solving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxSolving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptx
 
Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfArihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdf
 
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
 
Concept of Vouching. B.Com(Hons) /B.Compdf
Concept of Vouching. B.Com(Hons) /B.CompdfConcept of Vouching. B.Com(Hons) /B.Compdf
Concept of Vouching. B.Com(Hons) /B.Compdf
 
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
 

Page 1 of 8 ECON1010, 2019S2, Policy Brief Instructions .docx

  • 1. Page 1 of 8 ECON1010, 2019S2, Policy Brief Instructions Page 1 of 8 ECON 1010 – Macroeconomics 1 Policy Brief Project (40 marks) 1. Overview We have developed the analytical tools that economists use when discussing policy options and have discussed its likely impacts on the economy in theory. In this assignment you take the role of the policy advisors, employed by government departments or big corporations (your clients are therefore the government and its ministers and big corporate organisations) to apply those skills and expertise knowledge accumulated in this course so far.
  • 2. As an expert’s role in the government /corporation decision making process, your task has the following two objectives: Analysis: Experts are responsible for analysing the economic scenario (depicting the likely impact of the policy on the economy), using the specialised knowledge and the technical expertise in the discipline. Communication skills: Experts must communicate their finding and recommendations effectively to the decision-makers in government – ministers, senior public servants – and executives of corporations as an independent/third party observer. This assignment is designed to help you develop the skills of critically interpreting and analysing macroeconomic data and effectively communicating your findings to the targeted audience.
  • 3. Page 2 of 8 ECON1010, 2019S2, Policy Brief Instructions Page 2 of 8 There will be three parts to this assignment: Part A: Diagnostics (macroeconomics data collection and interpretations) Task: You apply knowledge to the macroeconomics data and present a diagnostic analysis of the economy. Make important observations and assess the current situation of the economy; finally, identify if economy is ‘stable’ or showing any signs of ‘economic downturn’ or any other problem. Part B: Policy brief report Task: Based on your ‘Diagnostics’ in Part A, you suggest the ‘Policy Recommendations’. These recommendations must be backed by
  • 4. proper justification and rationale. As the last step, communicate everything (diagnostics, policy recommendations, justification/rationale) effectively to your client in the form of a policy brief. Policy briefs aim to be practical and well-researched to make it useful and worthwhile for your clientele. Part C: Micro-credential (Information Literacy) Task: You are required to complete the micro-credential (Information Literacy) which will help enhance your skills in searching for, organising and interpreting information. 1. Submission In principle, you need to form a group with a size of TWO(2) students. All group members must be enrolled in the same tutorials (a strict requirement).
  • 5. In the case that you would like to form a group with a student from a different tutorial or you like to submit as the individual work, you will need to seek approval from the course coordinator, explaining the valid reasons (please email to [email protected]) Turnitin: As you upload your work to Canvas, note that it will be automatically transferred to the Turnitin1 website and screened for plagiarism. See below for the university policy on academic plagiarism and penalties; https://www.rmit.edu.au/students/student-essentials/assessment- and-exams/academic-integrity There is Turnitin checking tool available in Canvas. The benchmark for good submission is less than 50% of similarity. If the similarity report indicates over 50%, we will investigate the presence of any academic plagiarism on the submitted assignment. If there is a severe offence, we will pose the penalties following the university policy outlined above. So, please check the similarity before you submit the final version.2
  • 6. 1 https://en.wikipedia.org/wiki/Turnitin 2 Please note that it is fairly easy for us spot any plagiarism from the following websites; Trading Economics - https://tradingeconomics.com/ mailto:[email protected] https://www.rmit.edu.au/students/student-essentials/assessment- and-exams/academic-integrity https://tradingeconomics.com/ Page 3 of 8 ECON1010, 2019S2, Policy Brief Instructions Page 3 of 8 2. Grading This assignment is worth of 40 marks. Grade allocations are summarised in the following table: (see rubric outlining marking criterion is provided on Canvas).
  • 7. In the case of group submissions, the marks are equally distributed (ie, marks for the group will become each member’s marks). For this reason, we expect the equal contributions of each member of the group to this project. Please also note that Part C for Micro-credential is an individual task (and marked individually). 3. Formatting requirements: Your assignment must be typed using Student template. The system will reject any form of the file other than Student template (Failing to meet this requirement will automatically mean zero marks for this task). If you do not have a word processor installed in your home computer, follow this link and in “APPS” you can use a Microsoft word processor; http://www1.rmit.edu.au/students/mydesktop All sections of the assignment should be included in the same document by following the Student template. The report should have a professional appearance, appropriate to a government/corporation workplace. Format your assignment as follows;
  • 8. ⚫ Use A4 sized paper with all margins at least 2.5cm ⚫ Body text to be 12pt and black (no minimum line spacing) ⚫ All pages to be numbered ⚫ DO NOT include a cover sheet or table of contents ⚫ Strictly follow the Student template. ⚫ Stick to the page number restriction instructed in the template Mark allocation Awarded to Part A 12 Individual /Group Part B 26 Individual /Group Total (Part A+B) 38 Part C - Micro credential 2 Individual Total (Part A+B+C) 40 http://www1.rmit.edu.au/students/mydesktop Page 4 of 8 ECON1010, 2019S2, Policy Brief Instructions
  • 9. Page 4 of 8 Instructions Part A: Diagnostics analysis Task: You apply knowledge to the macroeconomics data and present a diagnostic analysis of the economy. This will form a basis of the Policy Brief as presented in Part B. Required steps: You must complete the following steps in given order to complete Part A. 1. Choose any (only one) country from the list of ten countries in our region given below: Countries: • Australia • China • India • Indonesia
  • 10. • Japan • Malaysia, • Philippines • Singapore • Thailand • Vietnam 2. Choose any one group of indicators, A or B, from the following two groups: Indicator Groups: A. Output measured as ‘GDP’ and Inflation measured by price index (CPI or GDP deflator) B. Output measured as ‘GDP’ and Unemployment measured as ‘unemployment rate’. 3. Describe and interpret the most recent trends in the chosen group of indicators. Make observations on any structural change or discontinuity in the trends and based on that, comment on the overall state of the economy - if the economy is
  • 11. ‘stable’ or showing any signs of ‘economic downturn’ or ‘economic upturn or expansion’. For this, take ‘yearly’ or ‘quarterly’ data. The time horizon for the data series can be maximum of five years or 20 quarters. Students can also choose to have data series of shorter or longer duration. However, data should be long enough for students to make useful inferences. Page 5 of 8 ECON1010, 2019S2, Policy Brief Instructions Page 5 of 8 Data sources: You may obtain the required data by searching below (you must cite which data source used); https://www.abs.gov.au/ausstats https://www.rbi.org.in/Scripts/Publications.aspx?publication=A nnual
  • 12. https://data.worldbank.org https://sdbs.adb.org/sdbs https://www.imf.org/en/Data https://data.oecd.org/ https://treasury.gov.au/statistical-data/ Alternatively, you can use any other online data sources you find as long as it is properly cited in your report (we will check the validity of the sources) Please closely follow the template to complete this section https://www.abs.gov.au/ausstats https://www.rbi.org.in/Scripts/Publications.aspx?publication=A nnual https://data.worldbank.org/ https://sdbs.adb.org/sdbs https://www.imf.org/en/Data https://data.oecd.org/ Page 6 of 8 ECON1010, 2019S2, Policy Brief Instructions Page 6 of 8
  • 13. Part B: Policy brief Task: Based on your ‘Diagnostics’ in Part A, you are required to suggest the ‘Policy Recommendations’. These recommendations must be backed by proper justification and rationale. Communicate everything (diagnostics, policy recommendations, justification/rationale) effectively to your client in the form of a policy brief. Policy briefs aim to be practical and well-researched to make it useful and worthwhile for your clientele. A policy brief is quite different from essay or report writing. Emphasis is placed on the clarity and succinctness of the brief, which is essential in persuading the target audience of your key message. Policy briefs aim to be practical and well-researched to make timely evidence-based recommendations. The purpose of this policy brief is to communicate your diagnostic in Part A and the analytical
  • 14. discussions in Part B by making the best policy recommendation to the decision-maker. You need to provide enough information for the decision-maker to understand your recommendations and to reach a decision on the matter at hand. However, senior government officials and corporate executives only have limited time, so you must be brief and straight to the point. When writing a brief, it is important to remember that it is for a non-expert audience. You must avoid using specialised economic terminology and state everything in plain English. Hint: Draw on the evidence you have gathered from Part A as much as you can. You can use other information or evidence not covered there, but that you believe is useful. In that case, you need to cite the source correctly. General Checklist: Here are some general guidelines. A policy brief should: ✓ Have a clear and specific purpose or focus - a policy brief should have a audience in
  • 15. mind. This could be the person making the decision, an advocacy group, or the media. It is important to keep this audience in mind when evaluating what information needs to be included in the brief. What do they know about the issue already? What new information would provide insight to the issue? The brief should be limited to one issue or problem. ✓ Be practical and based on evidence - a policy brief aims to be persuasive and a big part of convincing the target audience of your key message is supporting your ideas with evidence. Evidence should be used to indicate that there is an issue with existing policy Page 7 of 8 ECON1010, 2019S2, Policy Brief Instructions Page 7 of 8 and to make recommendations. A policy brief is a practical tool that has real world implications.
  • 16. ✓ Be accessible and succinct - a policy brief uses language that is familiar to the target audience in a clear and simple manner. It should also be logical and be easy to follow. The assumption should be made that the target audience does not have time to read a lot of text, so the brief should be formatted clearly with descriptive headings. ✓ Include a list of references or acknowledged sources - this is so information or statistics can be found and followed up on, if necessary. Some examples of a policy brief; https://piie.com/research/publications/policy-briefs https://devpolicy.crawford.anu.edu.au/publications/policy-briefs Please closely follow the Student template to write up your report. https://piie.com/research/publications/policy-briefs https://devpolicy.crawford.anu.edu.au/publications/policy-briefs
  • 17. Page 8 of 8 ECON1010, 2019S2, Policy Brief Instructions Page 8 of 8 Part C: Micro-credential on Information Literacy You are required to: ➢ complete the Information Literacy micro-credential. A link is available on the Canvas site for this course. ➢ provide a screen capture of your badge completion screen and a copy of the badge from the Information Literacy micro-credential: Claiming Your Badge and Copying The URL For Submission. Pdf ➢ You need to submit a proof of the completion individually in Canvas (note that there will be a separate submission portal) ➢ Note that only 2 attempts are allowed and students must gain a minimum of 80% to pass the Micro-credential.
  • 18. ABOUTWho is NCHV?StaffBoard of DirectorsAnnual ConferenceHousing SummitJob OpeningsContact UsNEWS & MEDIABackground & StatisticsMedia InformationPublicationsAll NewsPOLICY & LEGISLATIONWrite-UpsPosition StatementsActive LegislationCongressional TestimonySERVICE PROVIDERSGrantsIn-Kind ResourcesTechnical AssistanceStand DownStart a Vet ProgramTeleconferencesPost- Conference NotesCorporate ConnectionHELP FOR VETERANSLocate OrganizationImmediate HelpStep-by- StepReplacing RecordsFederal BenefitsWomen VeteransIncarcerated VeteransEMPLOYMENTGuides & ResourcesWomen VeteransGrantees & ProfilesJob SeekersGET INVOLVEDHow You Can HelpAdvocacyJoin NCHVDonateKnowledge Tract Solution TractBriefing PapersVeterans Housing PortalCorporate Connection SITE SEARCH
  • 20. Fund Development and Diversification Speakers: Capital Venture – Linda Lysakowski National Coalition for Homeless Veterans – Kristina Hunken Kristina Hunken, NCHV - Welcome - Introduction of Linda Lysakowski Linda Lysakowski, Capital Venture - Why Plan? Where do you want to go?
  • 21. - Strategic plan: where is organization heading? - Set realistic goals: reasonable to raise $10,000? $10 million? - Keep from getting sidetracked - Having too many ideas for fundraising - “Event fever”: placing drain on staff by doing too many fundraising events - Written plan keeps organization from getting sidetracked - Measure success: use timelines; what fundraising events are successful; what works and does not work Basic Elements of Development Plan - Goals (ex: raising awareness in community) - Objectives (ex: develop/upgrade website by certain date)
  • 22. - Objectives should be SMART: specific, measurable, achievable, realistic, timely - Strategies - Action steps - Who is going to do it? - How much will it cost/raise? - When is it going to be done? Areas of Focus - Communications: how does organization communicate with donors? - Donor Relations: relationships with donors when they aren’t donating - Research
  • 23. - Fundraising Programs - Constituencies - Technology and Infrastructure - Human Resources: who is going to do fundraising? Staff, volunteers, board members? Who Should be Involved in Planning Process - Development Staff - Non-Development Staff - Board - Development Committee - Consultants: offer expertise, objective viewpoint
  • 24. Assessing Current Development Programs - SWOT Analysis: Strengths, Weaknesses, Opportunities, Threats - Strength: volunteers for implementation of program - Weakness: no volunteers, weak Board - Opportunity: new business in community, possible donor - Threat: economy, major funder goes out of business - Budget: is there a budget for fundraising? - Development Audit - Philanthropic Profile Assessment: important to understand philanthropy before beginning fundraising; pinpoint organization’s strengths and weaknesses The Process
  • 25. - Determining who will be involved - Gathering Information - Planning Meetings - Setting Goals and Objectives - Determining Strategy - Assigning Budgets, timelines and areas of responsibility Basic Development Infrastructure Technology - Donor Software - Personalized appeals - Accurate recording and reporting - Donor history: track relationship with donor
  • 26. - Donor preferences: contact by phone, letter, etc. - Acknowledgment: thank donor within 24 hours of donation receipt - Specialized functions Policies and Procedures - Gift Acceptance Policies: outline what kind of gifts to accept, who to accept gifts from, how gifts will be used - Donor Software - Office Procedures: who accepts gifts, when they will be deposited Case for Support - Mission/Vision - History - Plans
  • 27. - Compelling Reason to Give: emotional and rational case The Integrated Development Program - Have several sources of funding; diversify funding streams; different types of fundraising activities Donor Pyramid - Start at bottom of pyramid: create awareness in community through special events, publications, and public relations - Goal is to turn continued and renewing donors into lifelong donors - Cultivation and relationship building leads to top of pyramid: ultimate gift of bequests, planned gifts Creating Awareness - Public Relations
  • 28. - PSAs and Press Releases: local television stations, radio, newspapers to create visibility in community - Communications: maintain relationships when donors are not donating through giving updates, newsletters; donors want to know how their money is being used - Promotion Ideas - Website: have info about how to donate/support organization posted clearly on website - Cultivation Events: bring people into organization; tour of program in action; testimonials; asking for community members to give advice/opinions often leads to donations - Special Events - Fund Raising or Friend Raising? - Committees: having volunteer committee creates access to different networks - Staff Role: help with coordination
  • 29. - Timelines: take year to plan event - Budgets: set aside seed money to run event - Setting Goals The Annual Fund - Grants - Direct Mail: most expensive; best way to reach large audience - Acquisition - Have a Plan - Your Direct Mail Package - Strategies for Renewal & Upgrading - Telephone Solicitation: use volunteers or professional firm; more successful if calling people who have given support in the
  • 30. past; send pre-call letter - Personal Solicitation: determine how much will be asked for; 95/5 rule (95% of donated funds comes from top 5% of donor base); businesses prefer to be solicited in person rather than direct mail - Capital Campaign: conduct feasibility study; coordinate with development staff - Planned Giving: how will it fit into overall development program? - Board Involvement - Commitment to Fundraising - 100% Giving - Asking Others to Give Getting Started
  • 31. - Set three to five goals for your development plan (ex: raising awareness in community, Board fundraising commitment) - What are some specific objectives that could be used to reach these goals - Discuss some strategies to each these goals and objectives Implementing and Evaluating the Plan - Taking Ownership: assign individual to be responsible for implementing plan - What Happens When It Falls Apart - Measuring Success - Reporting Success Remember
  • 32. - The plan isn’t written in stone, but neither should it be written in disappearing ink! - Do not be too rigid or too casual about development plan Question and Answer Session Closing Kristina Hunken, NCHV - Thank you - Questions may be sent to Melanie Lilliston at [email protected] or 202-546-1969 - Visit www.nchv.org for information on upcoming conference calls
  • 33. Veteran in crisis? Dial 1.877.424.3838 for 24/7 assistance. 1730 M Street NW, Suite 705 | Washington, DC | 20036 | t- f. 1.800.VET.HELP | v. 202.546.1969 | f. 202.546.2063 | [email protected] Department of Veterans Affairs <Insert Segment Name> <Enter Project Name Here> OneVA Enterprise Architecture
  • 34. Adapted From <Month><Year> Version <#.#> This template contains a paragraph style called Instructional Text. Text using this paragraph style is designed to assist the reader in completing the document. Text in paragraphs added after this help text is automatically set to the appropriate body text level. For best results and to maintain formatting consistency, use the provided paragraph styles. Delete all instructional text before publishing or distributing the document Revision History Revision History Date Version Description Author
  • 35. Place latest revisions at top of table. The Revision History pertains only to changes in the content of the document or any updates made after distribution. It does not apply to the formatting of the template. Remove blank rows. Table of Contents 1.SWOT Analysis Information1 1.1.INTERNAL Strengths / Weaknesses1 1.2.EXTERNAL Opportunities / Threats1 2.SWOT Approach2 3.Sample SWOT Template3 <Segment Name> SWOT Analysis2<Month> <Year>SWOT Analysis Information SWOT Analysis is a strategic planning method used to evaluate the Strengths, Weaknesses, Opportunities, and Threats (SWOT). A SWOT Analysis is one analysis technique that could be leveraged to identify strategic improvement opportunities. The analysis technique involves identifying the internal and external
  • 36. factors that are favorable and unfavorable to achieving a goal or strategic objective. For each SWOT factor identified, probabilities of occurrence must be established facilitating the development of fostering and/or mitigating activities. Strengths and Opportunities must be nurtured in order to ensure they are leveraged throughout the Segment life-cycle. Similarly, for Weaknesses and Threats, mitigation strategies must be developed in order to reduce the probability of occurrence and/or magnitude of impact. Each gap to be addressed by Segment investment(s) must be analyzed via a structured SWOT activity. The factors considered during this analysis should include as a minimum:INTERNAL Strengths / Weaknesses Experience and Past Performance of the Management Team Collaborative “attitude” of all Stakeholders Senior Management Sponsorship Justifiability of Needs and Expected Improvements “Realism” of Anticipated (preliminary projections / estimates): i. Costs ii. Schedules iii. Vendor Qualifications iv. Technological MaturityEXTERNAL Opportunities / Threats 1. Outside Directives / Laws / Regulations, etc. Cross Government: i. Reuse Opportunities (Processes, Services, Technologies, etc.)
  • 37. ii. Inclusion of External Stakeholders Congressional Oversight Implications “Visibility” The results of the SWOT analysis should be quantified and combined with gap priorities to establish a comprehensive prioritization of Segment activities.SWOT Approach Develop a Statement of Objective or Description of an End State e.g. “An organization capable of IT portfolio management” or “An organization capable of attracting, hiring, and retaining a premier workforce.” List and weight: 1. Strengths: attributes of the organization/segment that are helpful to achieving the objective. Weaknesses: attributes of the organization/segment that are harmful to achieving the objective. Strengths and Weaknesses are internal value creating (or destroying) factors/business drivers such as assets, skills or resources a company has at its disposal. They can be measured using internal assessments or external benchmarking. i. Opportunities: external conditions that are helpful to achieving the objective. ii. Threats: external conditions that are harmful to achieving the objective. Opportunities and Threats are external value creating (or destroying) factors an organization cannot control, but emerge from either the competitive dynamics of the
  • 38. industry/market or from demographic, economic, political, technical, social, legal or cultural factors. Determine 1. How can we Use each Strength? How can we Stop each Weakness? How can we Exploit each Opportunity? How can we Defend/Destroy against each Threat? Develop a strategy to reach the objective – The strategy should contain ACTIVE verbs describing actions proposed to mitigate risks and leverage opportunities. They should describe specific activities, roles & responsibilities, triggers for strategy implementation, and intended outcomes of each strategy. Guidance: Make it about reaching the objective, rather than about lists. Sample SWOT Template Figure 1: Sample SWOT Template Template Revision History Date Version Description Author
  • 39. February 2014 1.1 Updated to MS Office 2007-2010 format, formatted to ProPath documentation standards, and edited for Section 508 conformance Process Management September 2010 1.0 Initial Document PMAS Business Office Place latest revisions at top of table. The Template Revision History pertains only to the format of the template. It does not apply to the content of the document or any changes or updates to the content of the document after distribution. The Template Revision History can be removed at the discretion of the author of the document. Remove blank rows. Weaknesses OpportunitiesThreats Strengths Strengths and Weaknesses are internal value creating (or destroying) factors such as assets, skills or resources a company has at its disposal relatively to its competitors. They
  • 40. can be measured using internal assessments or external benchmarking. Opportunities and Threats are external value creating (or destroying) factors a company cannot control, but emerge from either the competitive dynamics of the industry/market or from demographic, economic, political, technical, social, legal or cultural factors. Business Driver Business Driver Business Driver Business Driver Business Driver Business Driver Business Driver Business Driver Strengths
  • 41. Weaknesses Opportunities Threats Strengths and Weaknesses are internal value creating (or destroying) factors such as assets, skills or resources a company has at its disposal relatively to its competitors. They can be measured using internal assessments or external benchmarking. Opportunities and Threats are external value creating (or destroying) factors a company cannot control, but emerge from either the competitive dynamics of the industry/market or from demographic, economic, political, technical, social, legal or cultural factors. Business Driver Business Driver Business Driver Business Driver
  • 42. Business Driver Business Driver Business Driver Business Driver Page 6 of 8 ECON1010, 2019S2, Policy Brief ‘Student template’ ECON 1010 – Macroeconomics 1 Policy Brief ‘Student template’ (strictly follow this template and use this template only for submission) You must compose the policy brief according to the template detailed in this section. Instructions for each required element of the brief are included within this template These instructions are reflected in the requirements of the rubric detailed. Ensure that the policy brief includes each of the elements detailed in the template and that you do not reorder, rename, or omit any of these elements. By signing below, you agree to the RMIT university’s student declaration
  • 43. In principle, you need to form a group with a size of TWO(2) students. All group members must be enrolled in the same tutorials (a strict requirement). In the event that you would like to form a group with a student from a different tutorial or you like to submit as the individual work, you will need to seek approval from the course coordinator explaining the valid reasons (please email to [email protected]) Student name Student number Tutorial Date/Time Signature (take a picture of a signature and paste here) Only one submission per group
  • 44. Please indicate using * in student name who will be submitting the assignment in Turnitin (in Canvas) on the group’s behalf. Template Part A: Diagnostics Analysis In Part A, the overall page length cannot exceed two pages Read ‘Policy Brief Instructions’. Note each group has two indicators. You must present and analyze each indicator from the chosen group of indicators. Attach one Table/Figure for each indicator Make sure that each figure/table has readable labels indicating the unit of observations and variables (e.g., the large enough font to read) Name of country: XXXXXXXX Indicator 1 from Group A (or B): XXXXXXXXXX Presentation (2 marks) Attach one Table/Figure here
  • 45. Comments and observations (Maximum 7 lines) (4 marks) Indicator 2 from the same Group A (or B): XXXXXXXXXX Presentation (2 marks) Attach one Table/Figure here Comments and observations (Maximum 7 lines) (4 marks)
  • 46. Max. of two pages for Part A (anything more than 2 pages will not be assessed) End of Part A Part B: Policy Brief In Part B, the overall page length cannot exceed three pages For the best possible grade, it is necessary to follow the instruction closely. Any deviations will result in marks taken away. Assignments are graded against marking criteria that incorporate the requirements set out in the ‘Policy Brief Instructions’. Failing to appropriately include all the requirements outlined in the instructions typically precludes the awarding of top marks. Briefing for the (insert decision-makers’ title here. It can be a prime minister!) Subject: Include a brief but descriptive subject line. (Max length 1 line). (1 mark)
  • 47. Guide: The subject is the ‘title of your policy brief’. XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXX Executive summary (3 marks) Write an executive summary of the policy brief. Your core message should consist of three sentences. The first one provides a summary of the scenario and what you found in Part A. The second sentence summarizes the key rationale for your recommendation. The final sentence summarizes your policy recommendation. Maximum length of 5 lines. Guide: The statements in this part should stand on their own. Provide specific information and avoid generalities. The reader of your brief should be able to understand the core message without referring to the background information or the rest of the brief. XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXX
  • 48. Recommendations (3 marks) Provide minimum 2 to maximum 4 recommendations with maximum of five lines are permitted for this section. Guide: Each recommendation should be stated as a clear course of action for the government /organization to pursue. Be precise with your recommendation and the likely impact on the economy but be concise. Avoid generalities and ambiguous statements. Do not explain or seek to justify your recommendation in this section. Do not describe the consequence of your policy recommendation. Do not state conditions or caveats for your recommendation. XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXX Economic rationale (15 marks) Begin this section with a short outline of the context for the brief, the summary of the problem identified in Part A, and any other issues that you think useful. Guide: This should set the scene for the reader and should provide the reader with sufficient background information to
  • 49. understand the purpose of the brief. XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX Use the remainder of this section to present economic justifications and the rationale behind your recommendation(s). In your discussion, you should; · highlight any trade-offs entailed in your recommendation(s) · raise any additional issues if implemented. · point out the feasibility of the policy implementation (your recommendation(s) need to be realistic) You can discuss the economics rationale for all your recommendations together or separately for each recommendation. It should be decided by the students as in what format they can present their argument effectively. In the end, narratives should form a logical argument supporting your policy recommendation. Guide: Incorporate all information required to support your recommendation in this section, regardless of whether or not the same information has been included elsewhere in the brief. Do not assert facts that are unsupported by either the narrative or the diagnostics conducted in section A.
  • 50. NOTE: Remaining 4 marks come from the literary presentation of the report (See Rubrics for details) Max. page is 3 pages for Part B (anything more than 3 pages will not be assessed, but you may attach a one-page of reference list after the 3-page limit) End of Part B Page 6 of 8