About this document

Microeconomic and Macroeconomic Goals by La La is a document available to read on EtoBox.

The document discusses five microeconomic goals: efficiency, equity, full employment, stability, and economic growth. It explains each goal and notes that while each is beneficial, pursuing one goal can restrict attainment of others due to tradeoffs. For example, policies promoting efficiency may create unemployment, and policies improving equity may limit growth. The document also discusses how liberals and conservatives tend to emphasize different combinations of these goals in economic policy debates.

Author

La La

Language

EN