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ECS2602 Assignment 1 2025 - Due April 2025

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ECS2602 Learning Unit 1 (18 marks) Watch the following video and answer questions 1 to 5 based on the video. (8 marks) When answering the questions, use the exact words as the presenter. The Difference Between Fiscal and Monetary Policy () Same video: different link: ASSIGNMENT 1 2025 Question 1 According to the video, fiscal policy is the use of government spending and taxation to influence the economy. Question 2 Fiscal policy is a powerful tool. The key to its power is the multiplier effect. Question 3

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ECS2602
ASSIGNMENT 1
DUE DATE: 31 MARCH 2025

, ECS2602

Learning Unit 1 (18 marks)

Watch the following video and answer questions 1 to 5 based on the video. (8
marks)

When answering the questions, use the exact words as the presenter.

The Difference Between Fiscal and Monetary Policy (youtube.com)

Same video: different link: https://youtu.be/o0Yt6buayZ4?si=YdiNNhPB5sn_XSJC




ASSIGNMENT 1 2025




Question 1
According to the video, fiscal policy is the use of government
spending and taxation to influence the economy.




Question 2
Fiscal policy is a powerful tool. The key to its power is the multiplier effect.




Question 3
In the video, there is a reference to supply-side economists, like Milton Friedman.

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