POLC66- MACROECONOMIC POLICIES.docx

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Department
Public Policy
Course
PPGC66H3
Professor
k O D O L O V
Semester
Fall

Description
Discuss macroeconomic policies in contemporary Canada What are the major challenges for Canadian governments in this policy area and how do Canadian governments address them Give specific examples Definitions of Macroeconomic policies Government actions designed to affect the performance of the economy as a wholePolicies designed to influence the level of employment the price level economic growth and the balance of paymentsGovernment actions to make adjustments through policy changes they hope will stabilize the economy Governments believe the success of these adjustments is necessary to maintain stability and continue growth Main Objectives of Government Economic PolicySustained economic growth Stable prices low inflationA high level of employmentA rise in average living standardsSustainable position on the balance of paymentsSound government finances Addressing Macroeconomic Policies NoteMacroeconomics often glosses over much of the detail in markets for specific goods and services focusing instead on the behaviour of economic a
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