Policy makers tend to formulate answers to yesterday’s problems. The reason is straightforward. It takes time to observe a problem, to analyze the causes of a problem, to identify instruments addressing these causes, and to implement these instruments. By that time, the world may have changed. The selected instruments may no longer yield desirable effects. This chain of events raises an important question: how to develop “future proof regulation”?
In order to develop future proof regulation, the first step is thinking about what the future may look like. Obviously, the future is uncertain. One way to address this uncertainty, is to develop scenarios. Scenarios can be used to test actual or proposed regulation. The evaluation of alternative options depends on the costs, the benefits and the risk attitude of the policy-maker.
By the end of this course, students will be able to:
• Systematically investigate policy-relevant future developments.
• Critically assess whether (existing or intended) regulation is future proof.
• Advise policy-makers on the development of future proof regulation.
Method of instruction
This course consists of interactive seminars and is compulsory.
- Total study load: 140 hrs. – Contact hours: 26 hrs – Self study: 114 hrs
Method of assessment
Grading will be based on a final written assignment. In order to pass the course, students are required to participate in the seminars and to hand in weekly assignments.
Yes, available a month prior to the start of the course
Other learning materials/ literature
(To be completed)
Registration for every course and exam in USIS is mandatory. For courses, registration is possible from four weeks up to three days before the start of the course.
For exams, registration is possible from four weeks up to ten days before the date of the examination.
Appointments with lecturers can be made via the economics secretariat. Send an email to: firstname.lastname@example.org
Tel. 071-527 7756.