Title: Impact of fiscal and monetary policies on employment, income and price levels.
This project is designed to help students understand management expansionary and recessionary GDP gaps.
a. Students can use macroeconomic models in chapter 11,12 and 13.
b. When do we employ expansionary monetary an fiscal policy? Evaluate impact of the expansionary monetary and fiscal policies and employment, income and price levels.
c. When do we employ contractionary monetary an fiscal policy? Evaluated impact of Contractionary monetary and fiscal policies on employment, income, and price levels.