chapter 20 fiscal policy - CHAPTER 20 Fiscal Policy Lecture...

Info iconThis preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon
CHAPTER 20 Fiscal Policy
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
                                              Chapter Twenty 2 of 10 Lecture Outline 1. The role of fiscal policy a. Impact of fiscal policy on aggregate demand b. Types of fiscal policy 2. The government budget and fiscal policy 3. The limits to stabilisation policy: lags and the art of forecasting uncertainties 4. Concerns about budget deficits 5. Automatic stabilisers and how they stabilise the economy 6. Supply-side economics and the Laffer curve FYR
Background image of page 2
                                              Chapter Twenty 3 of 10 The Government Budget The government budget—the actual document that describes what the government spends and how it pays for it—provides the framework for fiscal policy. Fiscal year
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
                                              Chapter Twenty 4 of 10 The Budget Deficit and  Fiscal Policy
Background image of page 4
Image of page 5
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 02/12/2012 for the course ECON EC1101 taught by Professor Ms during the Spring '08 term at National University of Singapore.

Page1 / 10

chapter 20 fiscal policy - CHAPTER 20 Fiscal Policy Lecture...

This preview shows document pages 1 - 5. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online