Balancing Goals: Economic Trade-offs
Students will understand that governments often face choices where achieving one economic goal (like more jobs) might make another goal harder (like keeping prices stable).
Key Questions
- Can a government always achieve all its economic goals at the same time?
- Why might trying to create many jobs sometimes lead to higher prices?
- How do governments decide which economic goals are most important at different times?
MOE Syllabus Outcomes
Suggested Methodologies
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