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Government Economic Policy - Introduction
Learn the fundamentals of government economic policy in this free online course.
Description
This free online video-based course takes a deep dive into government economic policy and the factors it can use to help stimulate growth. The course begins by discussing monetary policy and the Federal Reserve before talking about US money supplies and the money multiplier. The course then explains the best-case scenario for monetary policy as well as the negative shock dilemma that governments face. We also discuss the role of the Federal Reserve as the lender of last resort and look at what happens when the Fed does too much.
The course then moves on to talk about fiscal policy, explaining its basic principles and what can happen in the best-case scenario. The course then discusses the limits of fiscal policy and how it can be difficult for a government stimulus package to effect change. The course teaches how an ideal stimulus package should be timely, targeted and temporary, ideally coming to a close as the economy recovers to its previous position.
Finally, the course discusses how the slow movement and response of the government can provide problems for its fiscal policy being enacted in a timely fashion. This course is fascinating for anyone who wants to know more about government economic policy, whether you are considering a career in government or economics or just want to expand your knowledge base. So start learning today.
Start Course NowModules
Monetary Policy and the Federal Reserve
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Monetary Policy and the Federal Reserve: Learning Outcomes
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Monetary Policy and the Fed
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The U.S. Money Supplies
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The Money Multiplier
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The Federal Reserve as the Lender of Last Resort
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Monetary Policy: The Best Case Scenario
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Monetary Policy: The Negative Real Shock Dilemma
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When the Fed Does Too Much
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Monetary Policy and the Federal Reserve: Lesson Summary
Fiscal Policy
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Fiscal Policy: Learning Outcomes
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Introduction to Fiscal Policy
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Fiscal Policy: The Best Case Scenario
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The Limits of Fiscal Policy
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Fiscal Policy: Lesson Summary
Course assessment
Learning Outcomes
After completing this course, you will be able to:
Discuss the role of the federal reserve
Explain the concept of fractional reserve banking
Explain the role of the FDIC
Explain fiscal policy
Discuss the purpose of expansionary fiscal policy
Describe an ideal stimulus
Discuss the dangers of fiscal policy
Certification
All Alison courses are free to enrol, study and complete. To successfully complete this Certificate course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Certificate course, you have the option to acquire an official Certificate, which is a great way to share your achievement with the world. Your Alison Certificate is:
Ideal for sharing with potential employers - include it in your CV, professional social media profiles and job applications
An indication of your commitment to continuously learn, upskill and achieve high results
An incentive for you to continue empowering yourself through lifelong learning
Alison offers 3 types of Certificates for completed Certificate courses:
Digital Certificate - a downloadable Certificate in PDF format, immediately available to you when you complete your purchase
Certificate - a physical version of your officially branded and security-marked Certificate, posted to you with FREE shipping
Framed Certificate - a physical version of your officially branded and security-marked Certificate in a stylish frame, posted to you with FREE shipping
All Certificates are available to purchase through the Alison Shop. For more information on purchasing Alison Certificates, please visit our FAQs. If you decide not to purchase your Alison Certificate, you can still demonstrate your achievement by sharing your Learner Record or Learner Achievement Verification, both of which are accessible from your Dashboard. For more details on our Certificate pricing, please visit our Pricing Page.
