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Government Economic Policy


Government Economic Policy
Government Economic Policy

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


Join 4,079 other students.
4 124

Course Description

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.

Certification

To qualify for your official ALISON Diploma, Certificate or PDF you must study and complete all modules and score 80% or more in each of the course assessments. A link to your Diploma certificate will then appear under the My Certificates heading of your My Account page.

Learning Outcomes

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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Module Title
Budgetary policy
Microeconomic policy
Reasons for government intervention
Assessment

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Course Rating (By Learners): 4 stars based on 124 reviews
Course Title: Government Economic Policy
Course #: 200
Course Publisher: XSIQ
Course Category: 2
Content Origin: Australian School Curriculum
Course Description: 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.
License:
Release Date: 28 February 2011
Content  
Course Duration (Avg Learner): 2-3 Hours
Video/Audio: None
Audio Only: Low
Animation: Low
Assessments: Yes
Education Level
Age appropriateness: 16+ Years
Minimum Grade/Class Level: Post-Secondary
Validation: Level 5
ALISON Testing: Yes
Certification Availability
PDF Download: Yes
Parchment: Yes
Framed Certification: Yes

Study for Free at Your Own Pace! Start This Course

  • aaa
    Lazarous Masimba Zimbabwe Allocation of resources to peripheral or maginarised area to equity and this will contribute to development of those areas and create employment for the disadvantaged majority. 2015-05-27 17:05:54
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    Sylvester Onokpite Nigeria Good programme 2015-04-14 13:04:26
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    Taletha Laudat Dominica Very interesting and knowledgeable course. 2014-11-21 23:11:32
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    Jojivini Miranalasekula Qalokivuya Fiji I FIND IT INTERESTING. 2014-08-03 05:08:35
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    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
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    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
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    Goitsemodimo Rakaru Botswana Great stuff...what a refresher! 2014-04-21 21:04:51
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    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
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    Kyaw Kyaw Myo Myanmar This course is essential and useful for me. 2014-03-27 13:03:56
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    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
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