Day 3 | Fiscal Policy Best Case | Fiscal Policy Unit Plan Walkthrough

Join Professor Matt Hill as he walks you through the classroom slides of Day 3: " Fiscal Policy, Best Case" from MRU's free "Fiscal Policy" unit plan. Get the unit plan here: mru.io/qbs
Learning Objectives:
Define fiscal policy and differentiate between expansionary and contractionary fiscal policy.
Identify and describe the tools used in expansionary and contractionary fiscal policy, such as government spending and tax adjustments.
Analyze different economic scenarios to determine if fiscal policy would be appropriate fiscal policy.
Understand the limitations of fiscal policy in addressing different types of economic shocks, such as demand shocks and supply shocks.