Regulatory impact assessment tools and techniques

Welcome to the Regulatory Impact Assessment (RIA) Tools and Techniques course, designed to empower policymakers, regulators and policy enthusiasts with the knowledge and quantitative tools necessary to identify and analyse the impact of policy options for more evidence-based policymaking.

The course is hosted by Emma Green, a consultant at Genesis Analytics. Genesis Analytics is a leading economics consultancy with extensive experience and expertise in RIA.

Our course consists of four modules, each comprising video-based lectures and a quiz to reinforce your learning. The modules cover:

1. An introduction to RIAs, including what they are, when they should be performed and by whom, what a typical RIA report includes, and what the benefits and limitations are of using a RIA;
2. The history of RIAs and important lessons from RIAs across the world;
3. Quantitative methodologies for measuring economic impact, including cost-benefit analysis (CBA), cost-effectiveness analysis (CEA), multi-criteria analysis (MCA), standard cost model (SCM), social account matrix (SAM) modelling, and computable general equilibrium (CGE) modelling; and
4. A practical case study related to plastic bag waste to test your new RIA skills.

The training is suitable for anyone interested in building their regulatory impact assessment expertise (such as government officials, regulators, public policy or economics professionals, academics and students), and no prior experience or quantitative analysis skills are required.