FISCAL POLICY
Topic: Government Budgets and Fiscal Policy
Description: In this module students will learn how the federal government use taxation and spending as a tool to fight recessions or inflationary processes.
Learning Objectives:
  • Describe how taxation and spending influence government budgets, influencing federal deficits and national debt.
  • Describe the mechanisms of fiscal policy to fight recessions, inflation and unemployment.
  • Analyze the use of automatic stabilizers embedded in the economic system.
  • Debate over shortcoming with the use of discretionary fiscal policy

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