Week 3 Discussion 1 – Global Economic & Political Influence
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Prior to beginning work on this discussion forum,
- Review Chapters 9, 11 and 12 of Macroeconomics: Private and Public Choice.
- Research one real-life example of a fiscal policy.
- Review the Fiscal Policy Key Concepts interactive.
There are two parts to this discussion.
Part 1
Explain the pros and cons of your selected fiscal policy. Include supply-side economics in your explanation. As you think through your answer, remember that government may exercise expansionary or restrictive fiscal policies.
Part 2
Using your selected example of fiscal policy, explain its overall impact on the economy. In your example, discuss any political influences. When possible, select a different example than those already posted by a fellow classmate.
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