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The National Economy · Summer Term

Introduction to Fiscal Policy

Students are introduced to the use of government spending and taxation to influence economic activity.

Key Questions

  1. Explain the main tools of fiscal policy: government spending and taxation.
  2. Analyze the difference between expansionary and contractionary fiscal policy.
  3. Differentiate between direct and indirect taxes and their economic effects.

National Curriculum Attainment Targets

A-Level: Economics - Fiscal PolicyA-Level: Economics - Macroeconomic Policy Instruments
Year: Year 12
Subject: Economics
Unit: The National Economy
Period: Summer Term

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