Search results for: 'Public deficit'
Current Topics in Economic Policy EC2-112-I
This note provides an exhaustive review of economic policy and is broken into six parts that explain historical, conceptual and economic policy elements necessary for understanding the current state of the global economy. It begins by covering a historical review of world policy and goes into detail about how the economy of various countries has developed, especially after the Second World War. The second part covers fiscal policy and focuses on aspects of public sector activity such as taxation, budget and deficit financing as well as recessions, how they affect different classes and how social suffering is distributed through fiscal and macroeconomic adjustments. The third part discusses how money affects economic activity and employment and the effects of expanding the money supply using historical examples. The next part provides details on the policies and events around the world leading to the Great Recession. Then, the economy of Latin America and its recessions are discussed, with a special focus on Venezuela, Brazil, Mexico and Chile. Lastly, the text goes into exchange rate policy and describes different regimes and how the regime is selected for different countries.Academic Area:Economic Environment & Public Affairs
Economic policy simulator EC1-022-I-M
Beginning with the details of an unnamed country this interactive exercise lets students combine various economic policies to analyze their future impact (in the following two years) on the main macroeconomic indicators. The results and feedback given to students are expressed numerically and graphically.
Students also have access to the results of the combination of policies used throughout the exercise so that they can be compared. Said results can be printed for subsequent discussion.Academic Area:Economic Environment & Public Affairs