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IG2 - Fiscal Policy 3
IG2 - Fiscal Policy 3
IGCSE Economics
Fiscal Policy 3
1
Homework
Fiscal Policy - page 228
(b) Explain two reasons why government spending may be greater than tax revenue. [4]
Seventh
Review
Fiscal Policy - page 228
AD = C + I + G + (X-M)
Government Spending
Multiplier Effect
Seventh
Review
Fiscal Policy - page 228
Multiplier Effect
Government spends (invests) money so to increase the value of the spending for the whole economy.
It does this by:, using local businesses, increasing local incomes , creating new jobs
Seventh
Review
Fiscal Policy - page 228
Multiplier Effect
=
Today’ Class
Fiscal Policy - page 229
Class aim: Learn knowledge and understanding of how
Fiscal Policy can help aggregate demand (AD) using the
different types of taxation.
First - Homework advice + Review
Summary
7
Second
Introduction
Fiscal Policy - page 229
Today
8
Third
Notes
Fiscal Policy - page 229
Third
Notes
Fiscal Policy - page 229
Principals of Taxation
Third
Notes
Fiscal Policy - page 229
Impact of Taxation
Third
Notes
Fiscal Policy - page 229
Impact of Taxation
Summary
Fiscal Policy - page 229
Principals of Taxation
Summary
Fiscal Policy - page 229