Dear Participant,

We have now two weeks to gather in Ankara. In the previous information packs, we tried to establish the framework to use in Yep-D 2016. As you will recall, those information packs underlined a number of key concepts, basic terminology as well as some key questions. In case you did not have the chance to refresh your knowledge up to now, you still have two weeks to go. Remember: you snooze, you lose.

This final pack is devoted to clarify the technical workings of Yep-D. For administrative issues such as travel arrangements you can always send e-mails or post an entry on our Facebook group timeline.

-1- During the workshop you will work in groups. Groups will be formed by our Scenario Creator at the beginning and group members will be shuffled after each scenario.

-2- Once the first scenario has been distributed, the workshop begins. On average, two hours are allocated to each scenario. During these two hours, you are supposed to read, understand, solve and report the scenario at hand. Some scenarios will be isolated and some will be sequential.

-3- A scenario in Yep-D is simply a real or fictional economic story about some country X-land. In that story, you will be subject to a flood of information regarding economic activity, external linkages, public finance, financial system in addition to information on economic policies and the existing regulations. More importantly, whenever you face a small-open economy, you will receive some information on global centers of finance. Not all information will be useful: some information may be correct though irrelevant, some may be correct though misleading and some may be totally incorrect. Consequently, before going through your solutions, it is crucial to understand the ill-defined problem at hand, narrow it down to workable dimensions and identify the relevant pieces of information and data.

-4- The text of each scenario will pose some questions for you to elaborate. Some of these will require you to predict the outcomes of given policies where others will require new policy formulations. So there is no single, unique, or textbook-type answers. It can even be hard to reach a complete solution.

-5- Regardless of the type and depth of your responses to given scenarios, you will be reporting them in a report no shorter than a page and no longer than two pages. Given the limited space for writing, one or two, but not three, visuals can be used to convey your views effectively.

-6- When a scenario round has been completed, your reports will be posted to Yep-D 2016 blog. Then our examiners will begin scoring your work with respect to certain pre-defined criteria which we call rubrics. Scoring will continue throughout the workshop and results will be posted to Yep-D 2016 blog. Upon completion of all scenarios, scores of every participant will be consolidated and posted to Yep-D 2016 blog.

-7- Remember that, the scenarios will be studied without interruption for a time-span of thirty-six hours.

See you in Ankara.