EconomicsCode 9708
Effectiveness of policy options to meet all macroeconomic objectives
What this topic asks you to be able to do
- how well each kind of policy meets each macroeconomic objective: fiscal policy, including analysis with the Laffer curve; monetary policy; supply-side policy, whether market-based or interventionist; exchange rate policy; policy on international trade
- the problems and conflicts that the outcomes of these policies give rise to
- the fact that government failure happens in macroeconomic policy