Theory, Policy and Applications

Economics: Theory, Policy and Applications Order Description   1. With the use of diagrams, outline the mechanisms via which traditional monetary and fiscal policies are understood to affect aggregate demand. 2. Discuss the efficacy and trade-offs of monetary and fiscal policy. 3. What have been the fiscal and monetary policies that have been pursued by the successive UK governments and the Bank of England since 2009? What has been their impact on UK economic recovery, investment, unemployment, poverty and inequality?