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Analyze fiscal fiscal policies from the demand side effects.

Analyze fiscal policies from the supply side effects.

Compare the concept of the “automatic” fiscal stabilizers & discretionary finance.

Evaluate the relevant time lags involved.

Interpret the crowding out effect.

Compare & contrast the economic theories : Classical, Keynesian, Monetarism models & Supply Side Economiics
(Laffer Curve).

Analyze monetary policies from the demand side effects.

Analyze monetary policies from the supply side effects.

Explain what is meant by ‘transaction demand” & asset demand for money.

Compare the tools of the Federal Reserve System.

Define what is meant by “easy money” & “tight money” supply polices.

Evaluate the comparative effectiveness of monetary and fiscal policy alternatives

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