The Multiplier Effect of Fiscal Policy - Understanding economic policymaking
Автор: Ton Tuong Linh
Загружено: 2020-11-08
Просмотров: 34
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The Multiplier Effect of Fiscal Policy - Understanding economic policymaking
Globalization, Economic Growth and Stability Specialization
This is the first of the three courses part of the Globalization, Economic Growth and Stability Specialization. This course will employ a non-technical approach to analyze how governments use policy to influence a country's economy. Upon completing the course you should be able to discuss national debts and deficits, examine fiscal and monetary policy and their appropriateness to the situation of an economy, and anticipate the results of fiscal and monetary policies and structural reform on a country. These concepts will give you the tools to develop your own position in many current economic debates, such as fiscal stimulus vs. austerity, the merits of quantitative easing, the need for higher interest rates or the future growth path of many modern economies.
Very good content, instructors, materials and exercise. I give 5 stars with a small remark: Some technical issues, grading and recognition enhancements, would leave this course even better.,Excelente para tener un acercamiento general y amplio sobre los comportamientos macroeconómicos. Quizás el nivel de detalle no es muy profundo, pero es un buen inicio en la macroeconomía.
Welcome to Module 2! We will be going into fiscal policy, which is one of the key tools that authorities have to influence the economy and bring GDP closer to its ideal growth rate. It consists of changes in government spending and taxes. To try to gauge how much spending and taxes need to change to bring GDP to potential, we use two concepts: the multiplier, and crowding out. However, spending and tax revenues also move automatically across the business cycle, helping make the economy more stable. Thanks for being with us! Enjoy learning!
The Multiplier Effect of Fiscal Policy - Understanding economic policymaking
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