About the lecture

In this module, we consider how governments use fiscal and monetary policy in order to stabilise the economy, focusing in particular on (i) nuances in fiscal policy such as automatic stabilisers and discretionary policy (ii) how monetary policy impacts AD; and (iii) the importance of lags and priorities in determining specific policy responses to shocks.

About the lecturer

Dr Paul Segal is a Reader in Economics of Development at King's College London. He specialises in researching global poverty and inequality, the economics of natural resources, and economic history. He has published widely within these areas, including Who Are the Global Top 1%? and The Economy: Economics for a Changing World. He has also written policy articles for FT.com and has collaborated with Oxfam Mexico to undertake empirical fieldwork in Mexico City, analysing multidimensional inequalities.