Introduction to Fiscal Policy

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A recession hits and the government increases spending to stimulate the economy. How is this any different from increased government spending during a boom?

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  1. Marginal Revolution University
  2. fiscal policy
  3. fiscal policy macroeconomics
  4. fiscal policy economics
  5. fiscal policy explained
  6. macroeconomics
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Комментарии
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Exactly what i needed before my presentation this morning.Thank you for the summary

giftyabayem
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God bless you. Watched this video twice but I understand now. Simple and to the point.

charliec
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Why does my lecturer not explain it like this. WOW so easy to understand now!

jakereby
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Thanks! Easy to understand and nice video editing also.

HellOnGames
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These videos are gold. I would pay to have a written version of the explanation.

hyde
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I love how this 3min video could make me understand fiscal policy more than 3 hours of nonsense studying by book, thanks btw

ASLMusic
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Wow Thank you so much for awesome explaination

akanksha
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Thanks mate ur video was very clear and helped me

minddivertvideos
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I love this video. The animations are so cute haha

shihyonseo
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I have my economy finals this Tuesday, y'all carry my studies

adamalhassam
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Create economic opportunity for individuals: decrease in taxes means that people have more money so they can spend more and business now need more workers to meet demand, so more job opportunities.

Economic opportunities for businesses: people have more money so demand increases and their profit increases so they can hire more workers.

Limit economic opportunity for individuals:

Limit economic opportunity for business: they loose skilled workers when the government increases their spending, so it crowds out the businesses investments

renleft
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when does the private sector ever build roads on its own?...never...the government pays private construction companies to build them...I don't get the example....I'm sure there is a better example than can be used.

coachjoneslearning
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Marginal Revolution University, the fiscal multiplier is mathematical nonsense, and so is fiscal policy.

MrTugwit