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Economic Policy
C/E/807. Economic equilibrium: anti-recession policies
- WORDS:
- 2750
- DATE:
- 2011
- PRICE:
- 29.99 GBP
The paper addresses economic problems related to the recent recession and financial crisis. The mechanisms of price fluctuations are explained using the supply and demand model, applying it to the analysis of oil prices, and discussing their dependence on the monetary and fiscal policy. Ways of achieving equilibrium in the economy are examined outlining changes in the circular flow of income and highlighting policy options that can be taken against recession.
KEYWORDS: Supply and demand, circular flow of income, oil price fluctuations, economic equilibrium, anti-recession policies,
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