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Government Economic Policy


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Course Features

Video

None

Audio

Low

Animation

Low

Equivalent to FETAC

Level 5

Equivalent to QCF (UK)

Level 3

Language

EN

Publisher

XSIQ

Rating

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Learning Outcome

Modules in Government Economic Policy

Budgetary policy

This course covers topics in economics such as budgetary policy, resource allocation, distribution of income and wealth, and external stability.

The Contents tab displays all the lessons and topics of the course. Each time you click the Contents tab, you will come to this page. A green tick indicates those lessons and topics you have completed, so you can easily see your progress.


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Microeconomic policy

This course covers topics in microeconomic policy such as microeconomic strenghts and weaknesses, resource allocation, distribution of income and wealth, external stability, and domestic economic stability.

The Contents tab displays all the lessons and topics of the course. Each time you click the Contents tab, you will come to this page. A green tick indicates those lessons and topics you have completed, so you can easily see your progress.


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Reasons for government intervention

This course reasons for government intervention such as economic stability, resource allocation, distribution of income and wealth, regulation of monopolies and oligopolies, and externalities.

The Contents tab displays all the lessons and topics of the course. Each time you click the Contents tab, you will come to this page. A green tick indicates those lessons and topics you have completed, so you can easily see your progress.


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Assessment


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Comments & Reviews

  • Jojivini Miranalasekula Qalokivuya Fiji I FIND IT INTERESTING. 2014-08-03 05:08:35
  • Khaled Alabrash Syrian Arab Republic This course contains basic information which is very important, it contains important principles of government in the economy, 2014-08-02 17:08:09
  • Santoshkumar Jilla India It helped me lot to revise my past knowledge on this subject area. It provided the necessary knowledge on this. Thank you. 2014-05-13 09:05:14
  • Goitsemodimo Rakaru Botswana Great stuff...what a refresher! 2014-04-21 21:04:51
  • Sindisile William Madyo South Africa This course has empowered me to have a broader view of budgetary policy impacts on society. I understand the importance of government intervention better now. 2014-04-13 23:04:03
  • Kyaw Kyaw Myo Myanmar This course is essential and useful for me. 2014-03-27 13:03:56
  • Fiseha Letta Yemen Course Module: Budgetary policy Course Topic: Budgetary policy Comment: In my opinion the role of government as enforcer of rule of law should be seen as part of the market system. I don't believe the government should be given the power to intervene in the market as a resource allocator. The role of the government should be limited and in all cases should be mandated for a specific purpose and specific time frame as the need may arise. The government should be forbidden by low to intervene in the distribution or redistribution of income. Creation of wealth is not the same as provision of opportunities. Government policy if mandated may help in bringing about and sustaining equitable opportunities for the society at large. However creation of wealth is a realm of productive engagement from which the government must be excluded and the citizenry are given the free access and promotion within the limits of the rule of law. Therefore I have got more questions than answers when I read this course. I don't have as much questions on external stability as that of internal. Internal is a collective action of the citizens. However external stability should be preserved and enforced by a sovereign government than by a sovereign individual. The reason being the sovereign individual while able to respect and promote national stability does not have a complete legal and social mandate to act on behalf of the whole nation. Therefore the protection and promotion of national stability needs careful review at national level and its promotion and protection can only be mandated to the national government (party in power). Well, still needs to be monitored by able individuals and institutions of the nation. See! I'm more influenced by libertarian ideals and therefore am struggling with the idea of giving the government the role of actively engaging the citizenry for creation and distribution of wealth. 2013-06-07 12:06:59
  • Jeff Mulenga Zambia Course Module: Budgetary policyCourse Topic: Budgetary policy - efficiency in resource allocationComment: the programmes are well structures and very convience i have rely enjoying the courses 2013-05-24 14:05:58
  • Yahya Hemed Tanzania Course Module: Reasons for government interventionCourse Topic: Reasons for government interventionComment: the course is very interesting and touches the core life of every one, issues of inequalities are prevalent everywhere in this world at least i get many concepts and the importance the government should be there to intervene so that poverty can be reduced through redistribution of income, control of monopolies and job creation. 2013-05-07 07:05:30
  • Mihiretu Freneh Ethiopia Course Module: Microeconomic policyCourse Topic: Microeconomic policy definitionComment: the course is fantastic, but the notes appearing on the page is just a phrase...try to make it wider please, so we could read more concentrated. 2013-04-29 12:04:49
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Government Economic Policy

Learn how to understand budgetary policies using flow charts to illustrate the process

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