Topic #
|
Topic
|
Outcome
|
5.1
|
The
role of government
|
•
Describe the government as a producer of goods and services
•
Describe the government as an employer
|
5.2
|
The aims of government
policy
|
Describe the aims of
government policy:
• full employment
• price stability
• economic growth
• redistribution of
income
• balance of payments
stability
|
5.3
|
Government
policies
|
Explain
and analyse the use of:
•
fiscal policies
•
monetary policies
•
supply-side policies
|
5.4
|
Possible conflicts
between aims
|
Discuss the possible
conflicts between these government aims
|
5.5
|
Taxation
|
Describe
the types of taxation:
•
direct
•
indirect
•
progressive
•
regressive
•
proportional
Describe
the impact of taxation
|
5.6
|
Government influence on
private producers
|
Discuss the government’s
influence on private producers:
• regulation
• subsidies
• taxes
|
