Economic Policy

Economic Policy What are the Democrats and the Republicans economic goals? What is the best way to achieve this objective? Why is it important to have a strong economy?

Types of Capitalism ,[object Object],[object Object],“ What we see emerge now is an ideological rift. On one side is the American Model of free-market capitalism, which was emulated by Margaret Thatcher's United Kingdom. On the other milder, European model that includes a stronger social safety net with attributes such as nationalized health care system and government- funded retirement and unemployment plans. Most Europeans and Canadians are very attached to this model.” (Chau, 243)

World Economy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],1% of the world’s population owns as much as 57% of the poorest. (Chua, 245)

US Corporate Giants ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Ideas ,[object Object],[object Object],[object Object]

US Economic Mind Set ,[object Object],[object Object],[object Object]

Incongruence in Public Consensus: Ideas ,[object Object],[object Object],[object Object]

Goals of Economic Policy ,[object Object]

Economic Indicators ,[object Object],[object Object],[object Object],Consumer Confidence Inflation Unemployment 2006 Indicators

Ideas: Theories in Economic Policy ,[object Object],[object Object],[object Object],[object Object]

Theory on Supply and Demand 4,000 20,000 $8 6,000 18,000 $7 8,000 16,000 $6 10,000 14,000 $5 12,000 12,000 $4 14,000 10,000 $3 16,000 8,000 $2 18,000 6,000 $1 Supply Demand Price

The Invisible Hand, efficient?

Ideas: Theories in Economic Policy ,[object Object],[object Object],[object Object]

Institutions: Government Players in Policy Creation ,[object Object],[object Object],[object Object],[object Object],[object Object]

Institutions: Government Players in Policy Creation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Institutions: Government Players in Policy Creation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Interests: Corporate Players Attempt to Influence Policy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Interests: Organized Groups Attempt to Influence Policy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Tools in Economic Policy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Tools in Economic Policy ,[object Object],[object Object],[object Object],[object Object],Chairman-Ben Bernanke

Tools in Economic Policy ,[object Object],[object Object],[object Object],[object Object],[object Object]

Quiz ,[object Object],[object Object],[object Object]

Vocabulary ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Economic Policy

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Economic Policy