Macroeconomic Policy and Management · Macroeconomics

Fiscal Policy

The use of government spending and taxation to influence the level of economic activity.

Key Questions

  1. 1What trade-offs does a budget deficit create for future taxpayers?
  2. 2How effective is a tax cut at stimulating demand during a recession?
  3. 3Who benefits and who bears the costs of austerity measures?

National Curriculum Attainment Targets

A-Level: Economics - Fiscal PolicyA-Level: Economics - Macroeconomic Policy Instruments
Year: Year 12
Subject: Economics
Unit: Macroeconomic Policy and Management
Period: Macroeconomics

Suggested Methodologies

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More in Macroeconomic Policy and Management

Monetary Policy

How central banks use interest rates and quantitative easing to control inflation and growth.

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Supply-Side Policies

Strategies designed to increase the productive capacity of the economy over the long term.

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