This chapter explains the rationale for the use of economic analysis to inform policy decisions. Economic analysis can contribute, for example, to setting priorities and plans, identifying the best way of achieving strategic objectives, helping to develop cost-effective plans, informing users as to the policy that can be implemented at lowest cost, identifying which alternative has lowest impact on third parties, providing an analysis on returns on investment, and documenting the decision-making process. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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