Cambridge IGCSE Economics
4.2.1-4.2.2Government budget and spending; fiscal policy measures
Government budget and spending; fiscal policy measures in Cambridge IGCSE Economics: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic21 practice questions1 lesson
Learning objectives
What the syllabus expects you to be able to do.
- 4.2.1Define the government budget, a budget deficit and a budget surplus and calculate their size.
- 4.2.2Explain the main areas of government spending and the reasons for and effects of spending in them.
- 4.2.4Define fiscal policy.
- 4.2.5Describe fiscal policy measures: changes in taxes and government spending.
- 4.2.6Explain how fiscal policy may help a government achieve its macroeconomic aims.
Lessons
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The government budget and fiscal policy
30 min
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Sample question
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Turn Government budget and spending; fiscal policy measures into a strength.
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