What's it: Structural policies are government policies that influence the potential output and influence the private sector's choice to allocate
Economic Policy
Government Intervention: Examples, Reasons, and Impacts
What's it: Government intervention refers to the government's deliberate actions to influence resource allocation and market mechanisms. It can take
Abenomics: Concept and Types of 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
Trickle-Down Effect: Meaning, How it Works, Effects, Criticism
What's it: Trickle-down effect is an economic concept in which giving concessions to the rich or capital owners will ultimately encourage economic
Supply-Side Policy: Concepts, Tools, Advantages, and Disadvantages
What's it: A supply-side policy is a type of economic policy in which the main focus is on aggregate supply. It seeks to increase the
Fiscal Policy: Types, Pros and Cons
Fiscal policy is a macroeconomic policy to influence the economy by using budgetary instruments such as taxes and government expenditure. It
Monetary Policy: Purposes, Tools, Types
Monetary policy is a macroeconomic policy to influence the money supply and credit in the economy. The central bank or monetary authority is
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,