Unit A2 2 The Changing Business Environment

A summary of the macroeconomic framework and key factors that have an impact on the wider economy.

A look at the role of the government including, intervention, types of government policy, the government's 5 main objective. A look at fiscal policy specifically expansionary fiscal policy and contractionary fiscal polixy. The impact of different taxes and duty on business. A look at monetary policy, and the impact of rising or falling interest rates and their implications. Supply Side Policy and their impacts.