Objectives of government in economy, Managerial Economics


Government policies are required in market economies to achieve certain goals.  There are broadly two types of government policies viz;

  1. Microeconomic policy objectives
  2. And macroeconomic policy objectives.
Posted Date: 11/30/2012 2:58:38 AM | Location : United States

Related Discussions:- Objectives of government in economy, Assignment Help, Ask Question on Objectives of government in economy, Get Answer, Expert's Help, Objectives of government in economy Discussions

Write discussion on Objectives of government in economy
Your posts are moderated
Related Questions
Effects of Fluctuations in Exchange Rates When a country's currency depreciates, exporting firms may have competitive advantage but businesses which rely on imports for raw ma

Q. Describe the Public Utility Monopoly? Public Utility Monopoly:   Governmental authorities seize complete management and control of some utilities to protect social interest

Measurement of Inflation The rate of inflation is measured using the Retail Price Index.  A retail Price Index aims to measure the change in the average price of a basket of g

THE ACCELERATION PRINCIPLE Suppose that there is a given ratio between the level of output Y t at any time t , and the capital stock required to produce it K t and that

Define scarcity and opportunity cost. Show how these concepts are useful in managerial decision making

A toy manufacturer makes output according to the production function: where n is the number of workers employed by the firm, O is a technological parameter and g the worker

Define Williamson''s Model of Managerial Discretion practice?

Q. Define the Natural Monopoly? Natural Monopoly: Natural monopoly is because of natural factors. For illustration, a particular raw material is concentrated at a specific pl

The neo-classical view The neo-classical view is that market forces are the best directors of the economy.  Positive attempts by the government it is argued inevitably make th