Economics
Analyze fiscal fiscal policies from the demand side effects.
Analyze fiscal policies from the supply side effects.
Compare the concept of the “automatic” fiscal stabilizers & discretionary finance.
Evaluate the relevant time lags involved.
Interpret the crowding out effect.
Compare & contrast the economic theories : Classical, Keynesian, Monetarism models & Supply Side Economiics
(Laffer Curve).
Analyze monetary policies from the demand side effects.
Analyze monetary policies from the supply side effects.
Explain what is meant by ‘transaction demand” & asset demand for money.
Compare the tools of the Federal Reserve System.
Define what is meant by “easy money” & “tight money” supply polices.
Evaluate the comparative effectiveness of monetary and fiscal policy alternatives
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