Macroeconomic policy
What Macroeconomic policy means in Economics A-Level, as defined for AQA.
Definition of Macroeconomic policy
Check what you remember
Read the wording for your board, then hide it and explain Macroeconomic policy in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Expansionary monetary or fiscal policy acts as a demand-side determinant by stimulating aggregate demand.
Topics that use Macroeconomic policy
- Economic growth and the economic cycle (AQA A-Level)
Related terms
- Aggregate demand
- Aggregate supply
- Asset price bubbles
- Economic fluctuations
- Externalities
- Inequality
- Inflationary pressures
- Long-run economic growth
Using Macroeconomic policy in the exam
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