The government budget and fiscal policy
The government budget and fiscal policy
A government budget is a plan for money coming in and money going out. Revenue mainly comes from taxes, while spending goes on public services, benefits, infrastructure and debt interest.
Step-by-step lessons covering OCR GCSE Economics Fiscal policy for GCSE Economics. Each lesson works through exam-style questions in Component 01 and Component 02 format. Build a solid grasp of supply and demand and cost/revenue calculations before tackling the evaluation-heavy policy topics.