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Macroeconomics

Education

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

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

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

Poverty

One of the issues that we have come across during our study of promoting equity as a macroeconomic goal is that of poverty. …

Inequality

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

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

Deflation

Although governments have the objective of low inflation, it doesn’t necessarily follow that if inflation is bad then the opposite, deflation, is …

Unemployment

Here is the presentation we used in class about Unemployment, including problems, measurement and types.  Don’t forget you also need the relevant …

Aggregate Supply

In the Macroeconomics section of the course the main model we are interested in is the Aggregate Demand (AD) and Aggregate Supply …