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Topic 16 Notes

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Topic 16 Notes for HSC 2011 Economics Course. Taught at top performing Eastern Suburbs Private School

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12 Pages Partial Study Notes > 2 Years old
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Topic 16 Notes
Topics this document covers:
Technology Labor Business Economics Macroeconomics Microeconomics Disaster Environment Administrative law Competition Public administration Economic efficiency Neoliberalism Deregulation Microeconomic reform Economics of regulation Legal reform
This is a Partial Set of Study Notes

Partial Study Notes typically cover only single topics of a unit of study or do not cover multiple topics in significant detail. They are generally less than 20 pages in length.

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Topics this document covers:
Technology Labor Business Economics Macroeconomics Microeconomics Disaster Environment Administrative law Competition Public administration Economic efficiency Neoliberalism Deregulation Microeconomic reform Economics of regulation Legal reform
Sample Text:
Microeconomic Policies and Aggregate Supply • • • • • • • • Microeconomic policies are policies that are aimed at individual industries, seeking to increase aggregate supply by improving the efficiency and productivity of producers Action taken by the government to improve resource allocation between firms and industries, in order to maximize output from scarce resources Microeconomic policy is central to the government’s long term aim of increasing the level of sustainable growth in Australia, and reducing the extent to which inflation and external imbalances constrain economic growth Microeconomi...
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