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Free
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XSIQ
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2-3 Hours
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Assessment
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Certification
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50 Pts
Government Economic Policy
Join 9,094 other students
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Description
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Outcome
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Certification
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Using an interactive, multimedia design, this course introduces the learner to government policy from an economic perspective. Learners are given a rigorous introduction to budgetary policy via topics such as resource allocation and distribution of wealth. Microeconomic policy is then examined in the context of strengths and weaknesses and finally, the course delves into the topic of government market intervention and investigates a variety of markets types, the reasons for intervention and how intervention occurs. This course is a useful introduction to those who wish to learn and understand the role government policies play in shaping economic outcomes.
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On completing this course you will understand budgetary policy, using flow charts to easily illustrate each process. You will know the meaning of the microeconomic policy and its strengths and weaknesses. It is designed to affect parts of the economy including domestic economic stability, income, wealth, resource allocation and external stability. You will be more aware of the reasons for government intervention.
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All Alison courses are free to study. To successfully complete a course you must score 80% or higher in each course assessments. Upon successful completion of a course, you can choose to make your achievement formal by purchasing an official Alison Diploma, Certificate or PDF.
Having an official Alison document is a great way to celebrate and share your success. It is:- Ideal to include with CVs, job applications and portfolios
- A way to show your ability to learn and achieve high results
Modules List( 4 )
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Module
1 Budgetary 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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Budgetary policy
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Budgetary policy - efficiency in resource allocation
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Budgetary policy - equity in the distribution of income and wealth
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Budgetary policy - external stability
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Module
2 Microeconomic policy-
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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Microeconomic policy definition
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Microeconomic policy strengths
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Microeconomic policy weaknesses
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Domestic economic stability
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Equity in the distribution of income and wealth
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Efficiency in resource allocation
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External stability
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Module
3 Reasons for government intervention-
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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Reasons for government intervention
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How government intervention occurs
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Economic stability
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Efficiency in resource allocation
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Equity in the distribution of income and wealth
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The government regulation of monopolies and oligopolies
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Externalities
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Assessment
