Economics

Define and Discuss on Economic Policy

Define and Discuss on Economic Policy

This article focus to Define and Discuss on Economic Policy. The economic policy is a method that is intended in order to influence or control the behavior in the economy. Economic policies are generally implemented and administered by the government. Examples of economical policies include decisions created about government spending and taxation, about the redistribution of income from rich in order to poor, and about the availability of money. The effectiveness of economic policies might be assessed in one of two ways, known as positive and normative economics.