Policy analysis is the process of evaluating and comparing different policies to determine their effectiveness and impact. It involves gathering data, assessing potential outcomes, and considering the needs of various stakeholders. Analysts aim to provide evidence-based recommendations to help decision-makers choose the best course of action. The analysis often includes examining the costs and benefits of each policy option, as well as potential risks and unintended consequences. By using tools like cost-benefit analysis and stakeholder analysis, policymakers can make informed choices that address societal issues and improve public welfare.