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
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 many forms, from regulations, taxes, subsidies, to monetary and fiscal policy. In some cases, the
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
Supply-Side Policy: Growth Without Inflation (Tools, Pros & Cons)
What's it? Supply-side policy is a type of economic policy that focuses on aggregate supply. It seeks to increase an economy's productivity, efficiency, and potential capacity. Supply-side policies can involve government spending on education 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
Monetary Policy – Tools for a Controlling Inflation and Growth [Purposes, Types]
Monetary policy plays a critical role in shaping a nation's economic health. It's a set of actions taken by the central bank to influence the money supply and credit availability within the economy. By adjusting these levers, the central bank aims to
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