What's it: Structural policies are government policies that influence the potential output and influence the private sector's choice to allocate economic resources. Long story short, it is an economic policy to influence long-run aggregate
Economic Policy
Abenomics: Reviving Japan’s Economy – Programs
What's it: Abenomics refers to the Japanese prime minister's economic policies, Shinzo Abe. The naming is similar to Obamanomics, proposed by Barack Obama, Clintonomics by Bill Clinton, and Reaganomics by Ronald Reagan.When Prime Minister Abe
Trickle-Down Effect: Meaning, How it Works, Effects, Criticism
What's it: The trickle-down effect, also known as trickle-down economics, is a theory that's been around for decades. It argues that economic benefits should flow from the top down. In simpler terms, the theory suggests that by giving tax breaks and
Fiscal Policy Explained – A Guide for Students and Investors [Tools, Pros, Cons]
Fiscal policy plays a central role in shaping a nation's economic health. It's a set of government actions that directly influence the economy through adjustments to government spending and tax rates. This guide dives deep into the world of fiscal
Macroeconomic Policy: Tools for Growth, Inflation and Employment [Types, How They Work]
Macroeconomic policy plays a central role in shaping the overall health and direction of a nation's economy. Governments enact these policies to achieve specific macroeconomic goals, influencing factors like economic growth, inflation, employment,
Economic Boomlet? What’s It? Explanation and Causal Factors
What's it: An economic boomlet refers to a brief period of rapid growth in economic activity. Output increases as demand grows. In addition, households see their financial prospects strengthening due to increased employment and cheap