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 …
Economic growth
One of the government macroeconomic objectives we have already mentioned is stable economic growth. We have already looked at the business cycle …
Deflation
Although governments have the objective of low inflation, it doesn’t necessarily follow that if inflation is bad then the opposite, deflation, is …
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 …
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 …