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  • Fiscal Policy I
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  • Fundamental debates on the effectiveness of fiscal policy can be evaluated.
  • Explain the historical development of fiscal policy.
  • Compares the views of different economic approaches on the effectiveness of fiscal policy.
  • Explain the objectives, means and limits of fiscal policy.
  • Define the main objectives of fiscal policy.
  • Define the tools of fiscal policy.
  • Define the limits of fiscal policy.
  • Will be able to analyze the effect of fiscal policy in the realization of economic stability
  • Explain the effect of fiscal policy on income level.
  • Explain the Keynesian multiplier analysis.
  • Discuss the reality and limitations of the Keynesian multiplier analysis.
  • Will be able to evaluate whether fiscal policy or monetary policy is appropriate for achieving economic stability.
  • Compares the relative effectiveness of monetary and fiscal policies in open and closed economies within the framework of IS-LM analysis.
  • Compares the effectiveness of monetary and fiscal policies in the framework of the Total Demand-Total Supply model.
  • Evaluate the effect of voluntary policies and automatic stabilizers on economic stability.
  • Recognize voluntary policies.
  • Discusses the stabilizing properties of voluntary policies.
  • Explain automatic stabilizers.
  • Interpret the arguments of voluntary policy and fixed rule supporters in ensuring economic stability.
  • Evaluate the use of fiscal policy in the fight against economic problems
  • Discusses the use of fiscal policy in the fight against inflation.
  • Explains the necessity of intervention with fiscal policy in the struggle against the recession.
  • Analyze the solutions of the stagnation problem.
  • Compares the debates on the budget deficit problem.

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