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4.1 Government macroeconomic intervention

Topic 4.1 - The macroeconomic aims of government

This section of the Cambridge IGCSE Economics (0455) syllabus covers the following single topic. Click on the relevant hyperlink to access the InThinking resources.

SectionTopicGuidance
4.1.1Macroeconomic aims
  • Macroeconomic aims
    The macroeconomic aims of government:
    – economic growth
    – full employment/low unemployment
    – stable prices/low inflation
    – balance of payments stability
    – redistribution of income
    – environmental sustainability
  • Reasons behind the choice of aims and the criteria that governments may set for meeting each aim
  • Possible conflicts between macroeconomic aims:
    – full employment and stable prices
    – economic growth and environmental sustainability
    – full employment and balance of payments stability

Click on the relevant hyperlinks below to access other InThinking resources for this section of the syllabus.

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