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  • PEARSON (PEARSON)
  • Economics B
  • Unit 4 - Making markets work
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Lecture notes 4.4.4 Macroeconomic policies

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PEARSON (PEARSON)
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Unit 4 - Making markets work
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These notes helped me get an A* in A Level Economics, covering all aspects of the specification, plus hints of real world context.

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4.4.4 Macroeconomic policies

 When governments employ a policy there could be unintended consequences. This is when the
actions of producers and consumers have unexpended consequences.
 Consumers react in unexpected ways
 Governments could increase minimum wage, but firms may not be able to afford to pay them,
so hire fewer people.

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Study Level
A/AS Level
Subject
Economics B
Uploaded on
June 15, 2023
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1
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2022/2023
Type
Class notes
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Paddingtion zinzombe
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All classes
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