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Fiscal Policy

IB SL Economics
The goals of fiscal Policy (p399)
• List the goals of fiscal policy
Constrains of Fiscal Policy p402
Draw cards and discuss

Imagine you are


Draw a card and
an
discuss the best
macroeconomics
course of action
adviser
Draw a card (if it is a number)
Inflation in the other
country

inflation
Draw a card (if it is a number)

Negative
positive growth
Growth
If it is a figure

If it is a Queen, inequality
If it is a King, trade
(Gini coefficient is the last
surplus increase by the If it is a Jack, there is an
number you have drawn,
last number you have election looming
e.g. 10 -> 100%, 2->20%,
drawn
1-> 10%)

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