Category: COURSE BOOKS
SESSION 6: CRITICISMS OF FISCAL POLICY AND DEFICIT FINANCING You are invited to the final unit three session. We hope you have a solid understanding of the concepts we’ve …
SESSION 5: GOVERNMENT BORROWING To the observer, welcome to session five of unit three. As previously stated, the majority of government expenditures are funded by tax revenue. However, when …
SESSION 4: TAXATION AND FISCAL POLICY Government expenditure is required to stimulate total economic demand. However, government expenditures are primarily financed by two sources. If expenditures exceed income, these …
SESSION 3: GOVERNMENT EXPENDITURE AND FISCAL POLICY Dear student, I trust you are already familiar with the concept of fiscal policy within macroeconomics. So far, we have discussed the …
SESSION 2: PROBLEMS OF FINE-TUNING AGGREGATE DEMAND Welcome to the second session of unit three. In this session, we want to look at the problems associated with the use …
UNIT3: FISCAL POLICY AND GOVERNMENT FINANCE Welcome to unit three of this applied macroeconomics. In this unit, we will look at the nature of fiscal policy as a method …
SESSION 6: AGGREGATE DEMAND AND AGGREGATE SUPPLY Welcome to unit 2’s final meeting! This session examines the connection between aggregate demand, the price level, and real GDP. We will …
SESSION 5: MULTIPLIER EFFECTS AND THE ACCELERATOR PRINCIPLE Keynesians emphasize that initial changes in investment expenditure, government expenditure, and expenditure on exports and imports have a multiplicative effect on …
SESSION 4: DEFLATIONARY AND INFLATIONARY GAPS You are cordially invited to the third meeting of the second unit. In our previous meeting, we examined the components of planned aggregate …
SESSION 3: DETERMINATION OF EQUILIBRIUM NATIONAL INCOME After examining each category of aggregate planned expenditure and its relationship to real GDP, we can now advance the analysis by focusing …
