Real-World Issue 2: How do governments manage their economy and how effective are their policies?

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Classic View

Demand Management (Demand-Side Policies): monetary policy

Demand Management: fiscal policy

Supply-Side Policies

Demand Management (Demand-Side Policies): monetary policy

MACRO – THE CIRCULAR FLOW OF INCOME AND THE MULTIPLIER EFFECT

The Purpose of Macroeconomics

Dr Paul Segal, King's College London

MACRO – AGGREGATE DEMAND AND AGGREGATE SUPPLY

Fiscal and Monetary Policy in the AD-AS Model

Dr Paul Segal, King's College London

MACRO – THE CIRCULAR FLOW OF INCOME AND THE MULTIPLIER EFFECT

The Purpose of Macroeconomics

Dr Paul Segal, King's College London

MACRO – AGGREGATE DEMAND AND AGGREGATE SUPPLY

Fiscal and Monetary Policy in the AD-AS Model

Dr Paul Segal, King's College London

MACRO – FINANCIAL MARKETS AND THE FINANCIAL SYSTEM

Monetary Policy

Prof. Sir John Kay, University of Oxford

MACRO – CENTRAL BANKS AND MONETARY POLICY

The History and Main Functions of Central Banks

Prof. Andrea Ferrero, University of Oxford

MACRO – CENTRAL BANKS AND MONETARY POLICY

Independence

Prof. Andrea Ferrero, University of Oxford

MACRO – CENTRAL BANKS AND MONETARY POLICY

Instruments of Monetary Policy

Prof. Andrea Ferrero, University of Oxford

MACRO – CENTRAL BANKS AND MONETARY POLICY

The Mechanism of Transmission

Prof. Andrea Ferrero, University of Oxford

Demand Management: fiscal policy

MACRO – AGGREGATE DEMAND AND AGGREGATE SUPPLY

Fiscal and Monetary Policy in the AD-AS Model

Dr Paul Segal, King's College London

MACRO – THE CIRCULAR FLOW OF INCOME AND THE MULTIPLIER EFFECT

The Purpose of Macroeconomics

Dr Paul Segal, King's College London

MACRO – FISCAL POLICY

What is Fiscal Policy?

Dr Silvia Dal Bianco, UCL

MACRO – FISCAL POLICY

How does Fiscal Policy influence Aggregate Demand and Supply?

Dr Silvia Dal Bianco, UCL

MACRO – FISCAL POLICY

Government Spending

Dr Silvia Dal Bianco, UCL

MACRO – FISCAL POLICY

Taxation

Dr Silvia Dal Bianco, UCL

MACRO – FISCAL POLICY

Government Budget Balance and the National Debt

Dr Silvia Dal Bianco, UCL

Supply-Side Policies

MACRO – SUPPLY-SIDE POLICIES

Introduction

Dr Ramin Nassehi, UCL

MACRO – SUPPLY-SIDE POLICIES

The Two Schools of Thought in Supply-Side Economics

Dr Ramin Nassehi, UCL

MACRO – SUPPLY-SIDE POLICIES

Free Market Supply-Side Economics

Dr Ramin Nassehi, UCL

MACRO – SUPPLY-SIDE POLICIES

The Macroeconomic Implications of Free Market Supply-Side Economics

Dr Ramin Nassehi, UCL

MACRO – SUPPLY-SIDE POLICIES

Interventionist Supply-Side Economics

Dr Ramin Nassehi, UCL

MACRO – SUPPLY-SIDE POLICIES

The Policies and Critiques of Interventionist Supply-Side Economics

Dr Ramin Nassehi, UCL

Contents

Demand Management (Demand-Side Policies): monetary policy

Demand Management: fiscal policy

Supply-Side Policies