Discuss the policies which a government can implement to achieve economic growth. To what extent do you agree that economic growth is always beneficial to a country? I have appended the school's assignment.
1. Demonstrate an ability to critically discuss the contents of the module in relation to the real world.
2. Describe the constraints faced by governments as a result of globalisation.
3. Evaluate the role of demand side policies namely fiscal policy, monetary policy and exchange rate policy in managing short-run instability of an economy.
4. Analyse the impact of supply side policies such as retraining of labour force, adoption of technology and Research & Development (R&D) activities in strengthening the production capacity of an economy.
5. Describe the main policy issues confronting governments and the potential conflicts between different policies.