Introduction to Fiscal Policy - Expansionary vs. Contractionary Policies

This video lesson will introduce the use of fiscal policies by a government aimed at expanding or contracting the level of eocnomic activity in the nation. Changing the amount of government spanding and taxation can influence several macroeconomic variables, such as employment, price levels and the level of output. When should a government alter the level of taxes and spending it engages in? This lesson will introduce two circumstances under which fiscal policy may be used to promote the achievement of various macroeconomics objectives.

[GianniTheDisciple]

Thank you for taking the time to make this video sir! Your content is still helping individuals learn ECON 12 years later! May God bless you and your family in Jesus name! 🙏🏽

[koyaraghunadh]

A very lucid, powerful and cogent interpretation of the topic.

[exposurebyanjum]

Thank you Sir, It really helped me in understanding the topic!!! God Bless You!!!

[joangayle-reid]

Thanks for making this video! It really help... continue doing this.

[LucisFerre]

Jason, What do you think of Obama's outlook, raising tax rates (& supposedly tax revenues) whilst also increasing government spending simultaneously? What in the world is that supposed to achieve in regard to increasing aggregate demand and lowering unemployment?

[jonyjony]

what an explanation.... really genius thank u

[JasonWelker]

You don't have to increase taxes to increase government spending. You can borrow the money, called "deficit spending", which increase the national debt instead.

[mysticmacho]

Mwali twafwa sana pa fresher yama lesa ale mipala, 👏

[jacobchristianglover]

Thank you very much for taking the time and effort to produce this video, it helped me a great deal. I subscribed to your channel and hope to find more work like this. Be Well!

[peterbarach]

Thanks a lot sir. I understand ur teaching better.

[chelseyskeete]

Thank you, this really helped a lot !

[JasonWelker]

That is a good suggestion for a future video! Thanks!

[DELTASierra-]

This video was really informative, thank you! I've been given a project to "Consider whether it would be appropriate for the British government to focus on using fiscal policy to expand demand, in order to promote economic growth in the United Kingdom." How best do you think I could answer this?

[xxconxx]

I love you!! Thank you so much. this video helped me out with my assignment sooo much!!

[kuhelibegum]

Nicely explained. Anyone else wonder why our college professor can’t teach like this?

[mosab]

what amazing explanation .. .thank you so much

[mrpureism]

hello admin, namastae! can u tell me that in contactionary case, is the increase in real gdp from Ye to y1 is boom or something opposite to recession that existed in case of expansionary effect.why is it bad.is inflation the only reason we consider contraction step .why that increase is not desirable from Ye to y1

[QuestionConvictions]

My macro principles class covered this in about 3 minutes.
Thanks!

[saurabhsinghal]

Nice Explanation.. Very useful video

[samiullahafridi]

think u sir i understand ur teaching better.