Monetary Policy 3.

In case of written statements adequate media should be used.
But for many, the policy is just lots of words, with no real meaning. Monetary policy: Changes in the […]
Oral dissemination—Implicit policies.

ADVERTISEMENTS: Three main types of government macroeconomic policies are as follows: 1. An economic policy is a course of action that is intended to influence or control the behavior of the economy. Explicit Policies: Policies which are in writing or included in the manual or records are called explicit policies. Learn vocabulary, terms, and more with flashcards, games, and other study tools. 1.

Policy makers undertake three main types of economic policy: Fiscal policy: Changes in government spending or taxation. Our lives are constantly being influenced by economic policy. Economic policies are typically implemented and administered by the government.

Start studying Types of Economic Policies.

Fiscal policy : these type of policy aims at manipulating the expenditure and taxation of the govt to stabilise the economy from inflationary and deflationary tendencies.

Here we detail about the ten major economic policies which are followed in India and has played a major role in the growth of Indian economy. Policies can be classified into two types on the basis of dissemination: 1. Written statements—Explicit policies. This should help you understand what is behind the policy. Examples of economic policies include decisions made about government spending and taxation, about the redistribution of income from rich to poor, and about the supply of money. Government economic policy, measures by which a government attempts to influence the economy.The national budget generally reflects the economic policy of a government, and it is partly through the budget that the government exercises its three principal methods of establishing control: the allocative function, the stabilization function, and the distributive function.

2. Supply-side Policies!

The three main types of government macroeconomic policies are fiscal policy, monetary policy and supply-side policies.

Other government policies including industrial, competition and environmental policies. Fiscal Policy 2.

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