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Topic: Reducing the negative externalities of alcohol consumption in Germany under ROAMEF framework Start by stating: 1) the topic and its real-world context 2) give

Topic: Reducing the negative externalities of alcohol consumption in Germany under ROAMEF framework

Start by stating:

1) the topic and its real-world context

2) give an outline of the structure of your presentation (including what the strategy/policy options are).

3) consider the core of the problem from an economist's perspective applying appropriate tools & concepts; what type of market failure is involved and what is the rationale for intervention? What objectives (or target outcomes) might be set?

4) appraise the most relevant policy/strategy options as well as the do nothing option using cost-benefit analysis.Is there an evidence base for the success of particular policies? What is net benefits of each of the options. Who are the winners and losers of each of the options? What is the size of the deadweight loss? Would there be any displacement effects of any of the policies?

5) recommend the best option; be prepared to talk about evaluation following the implementation of the recommended option.

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