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 type, monetary policy.  Monetary policy is the use of the interest rate, and money supply, in order to affect the level of aggregate demand in an economy.  We also need to appreciate that …

The state of the Chinese economy or the Chinese state economy.

The state of the Chinese economy or the Chinese state economy.

There have been a number of articles in the news recently about what is happening in the Chinese economy relating to the macroeconomic and international trade topics that are in the IB Economics syllabus.  There are a number of articles that you should read linked at the bottom of this brief commentary about the situation. …