Aims of Government /Policies


The aims of government refer to price stability, full employment, sustained economic growth and external equilibrium. Examine different types of macroeconomic policies to find out how governments can pursue these aims. For demand-side policies, areas of learning include monetary policy, fiscal policy and exchange rate policy. For supply-side policies, areas of learning include manpower development, infrastructural development, R&D and trade development policies. Also, analyse the conflicting aims of governments.