Why objectives conflict
Why objectives conflict
Governments pursue economic growth, low unemployment, low and stable inflation, a satisfactory current account position, and environmental sustainability. Improving one objective can worsen another, especially when demand-side policy changes aggregate demand.
Step-by-step lessons covering AQA A Level Economics 2.3.4 Possible conflicts between macroeconomic policy objectives for A Level Economics. Each lesson works through exam-style questions in Paper 1, Paper 2 and Paper 3 format. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.