Macroeconomic objectives - introduction
In this section, we consider the following sub-topics in detail:
- Low unemployment
- Low and stable rate of inflation
- Economic growth
- Equity in the distribution of income
There is a further objective to do with the Balance of Payments but this is not incuded here.
For an excellent review of the operation of the macroeconomic goals of government, watch the video on YouTube by Paj Holden.