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Cambridge AS & A Level Economics

10.3Effectiveness of policy options to meet all macroeconomic objectives

Effectiveness of policy options to meet all macroeconomic objectives in Cambridge AS & A Level Economics: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic22 practice questions1 lesson

Learning objectives

What the syllabus expects you to be able to do.

  1. 10.3.1Evaluate the effectiveness of fiscal (including the Laffer curve), monetary, supply-side (market-based and interventionist), exchange rate and international trade policies against the different objectives.
  2. 10.3.2Explain problems and conflicts arising from the outcomes of these policies.
  3. 10.3.3Explain government failure in macroeconomic policies.

Lessons

  • Effectiveness of macroeconomic policies, policy conflicts and government failure

    60 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

Effectiveness of policy options to meet all macroeconomic objectives: sample question

1 mark

An expansionary fiscal policy is most likely to have which effect on the current account of the balance of payments?

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