Supply-side policies
We have already looked at demand-side policies, but governments also have the option to use supply-side policies. These are policies that are …
Monetary policy
We have already looked at one aspect of demand-side policy, fiscal policy, and it is important that we also understand the other …
Fiscal policy
We have now looked at the 5 different macroeconomic objectives of governments (low and stable inflation, low unemployment, stable economic growth, promoting …
Equality and equity
A further macroeconomic objective that we study is greater equity in the distribution of the income. Remember that an equitable distribution of …
Economic growth
One of the government macroeconomic objectives we have already mentioned is stable economic growth. We have already looked at the business cycle …
Aggregate Supply
In the Macroeconomics section of the course the main model we are interested in is the Aggregate Demand (AD) and Aggregate Supply …
Fight of the Century
One of the major topics that we need to understand in macroeconomics is the distinction between Keynesian and Neo-Classical ideas, and how …
Economic growth
Economic growth is one of the areas we study in relation to government macroeconomic objectives. It is important to be able to …
Keynes ‘v’ Hayek
The website Econstories.tv has produced a rap video about the arguments of Keynes and Hayek. It gives a good summary of the …