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 …
Fiscal policy
We have now looked at the 5 different macroeconomic objectives of governments (low and stable inflation, low unemployment, stable economic growth, promoting …
Poverty
One of the issues that we have come across during our study of promoting equity as a macroeconomic goal is that of poverty. …
Promoting equity
We have already looked at the macroeconomic objective of promoting equity, why we have it and how we measure it. It is also …
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 …
Deflation
Although governments have the objective of low inflation, it doesn’t necessarily follow that if inflation is bad then the opposite, deflation, is …
Aggregate Supply
In the Macroeconomics section of the course the main model we are interested in is the Aggregate Demand (AD) and Aggregate Supply …
Aggregate demand
In the Macroeconomics section of the course the main model we are interested in is the Aggregate Demand (AD) and Aggregate Supply …
Deflation
As well as studying inflation, it is important that we also study the reverse, i.e. deflation. It is important that we know …