Topic updates
Fiscal Policy and Aggregate Supply - America’s $2 Trillion Green Boost
6th March 2023
This Economist clip looks at the recent American fiscal stimulus programme, via a package designed to boost private sector investment, especially in green infrastructure and chipmaking. and to reduce interdependence with China too. Excellent application for the potential supply-side consequences of major fiscal policy decisions.
It seems to have prompted a lot of soul-searching in the EU, about whether or not it's fair, and also about the length of time that it will take to bring about these supply-side changes
- Economics
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- Aggregate supply
- Long-run Aggregate Supply Curve (LRAS)
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Graham Watson
Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.
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