Why objectives conflict
Why objectives conflict
A trade-off occurs when gaining more of one objective requires giving up some of another. Macroeconomic objectives include economic growth, low unemployment, low inflation, current account stability, income equality and environmental protection.
Step-by-step lessons on Edexcel A A Level Economics 2.6.4 Conflicts and trade-offs between objectives and policies. Each one builds up to exam-style questions. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.