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IGCSE Economics · Chapter 4.2

Fiscal policy

InteractiveGovernment Budget4.2.1 Budget deficits, surpluses and the national debt, how to calculate them, and automatic stabilisers, with animated diagrams, labs and exam practice.Open →
InteractiveReasons for Government Spending4.2.2 The four reasons for spending, the main areas and their effects, and the multiplier, with animated diagrams, labs and exam practice.Open →
InteractiveTaxation4.2.3 Reasons for taxation, direct and indirect, progressive, proportional and regressive taxes, who bears a tax, with animated diagrams, labs and exam practice.Open →
InteractiveDefinition of Fiscal Policy4.2.4 What fiscal policy is, how it works through the components of AD, and how it differs from monetary and supply-side policy.Open →
InteractiveFiscal Policy Measures4.2.5 Changes in taxes and in government spending: what each measure does, who gains and the catch.Open →
InteractiveEffects of Fiscal Policy on the Aims4.2.6 How fiscal policy could help or harm each macroeconomic aim, the conflicts and the limits.Open →