Sunday, 15 May 2011

Supply Side Policies and Economic Growth

In this video I explain what is economic growth, supply side policies, the two types of SSPs (traditional and interventionist) and go through 8 of them and identify any problems we may have with them (reducing tax, reducing unemployment benefit, reducing trade union power, privatisation, deregulation, reducing national minimum wage and employment legislation, education and training, subsidies and tax credit and improving infrastructure). I finally go through the aggregate demand and supply model in relation to this.

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