Answer the following questions in around 1 Page word document which is related to the topic - How and what policies can ensure the growth of the economy.
The Task:
One of the main economic objectives of government is to ensure economic growth for the benefit of their citizens. There are a variety of policy tools that governments have to facilitate such an objective.
Required:
1) Explain how governments can use supply side policies to facilitate economic growth. Use examples to support your answer.
2) Discuss how governments can use fiscal and monetary policy to temporarily stimulate economic growth. Use AS and AD analysis to support your answers.
Assessment Criteria:
This assignment needs you to illustrate your knowledge and understanding of the macro-economics element of the Module.
The answers to the questions must be supported by academic theories and concepts and the paper must comply with the academic essay format and the Harvard referencing guidelines.
For both questions suitable diagrams should be used and must be referenced.