Course Level 2: Intermediate
Estimated Study Time: 1-2 hours
Fiscal and monetary policies are two strategies used to direct a country’s economic goals. Fiscal policy involves the government and how it uses revenue and expenditure to influence a country’s economy. Monetary policy is implemented by the central bank of a country and is used to influence that country’s money supply. Fiscal and monetary policies are very important concepts to understand in economics as they can have profound effects on the lives and livelihoods of a country’s entire population.
In this economics course you will gain a thorough knowledge and understanding of the economic concepts behind both fiscal and monetary policies and how they are implemented to influence a country’s economic goals. You will also learn about supply and demand for money and how this impacts interest rates.
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