Government Policy: Fiscal and Monetary · Macroeconomics

Economic Schools of Thought

Comparing Keynesian, Supply-Side, and Classical perspectives on economic intervention.

Key Questions

  1. 1Should the government intervene during a recession or let the market self-correct?
  2. 2What trade-offs does a supply-side approach create for income inequality?
  3. 3How do different theories prioritize inflation versus unemployment?

Common Core State Standards

C3: D2.Eco.13.9-12C3: D1.5.9-12
Grade: 12th Grade
Subject: Economics
Unit: Government Policy: Fiscal and Monetary
Period: Macroeconomics

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