Ch 14: Economic and Fiscal Policy

About This Chapter

Watch video lessons for an engaging look at how economic and fiscal policies are developed and their role in the U.S. economy. Each lesson is followed by an online quiz, which can help you see how well you understood the presentation.

Economic and Fiscal Policy - Chapter Summary and Learning Objectives

Gain an understanding of economic and fiscal policy through a series of video lessons taught by knowledgeable instructors. From the establishment of regulatory policies to how they're utilized by the U.S. government in managing the economy, you'll get an overview that includes definitions and examples. By the end of this chapter, you should be able to:

  • Discuss what regulatory and fiscal policies are
  • Explain how the U.S. government uses these policies to benefit the national economy
  • Describe the business cycle
  • Describe the work of the Federal Reserve system

Videos Objective
Regulatory Policy: Definition, Processes & Examples Discuss the goals and justifications of regulatory policy, as well as the process of policy development and potential political conflicts.
How the Government Protects the U.S. Economy Describe how economic and regulatory policies are used as tools.
The Business Cycle: Economic Performance Over Time Identify the parts of the business cycle, and evaluate its relationship to economic growth.
How the Government Promotes Economic Interests Discuss how the government uses monetary and fiscal economic policies to support business, labor and agriculture.
What is Fiscal Policy? Define fiscal policy, identify examples as used by the U.S. government, and rate its effectiveness.
Monetary Policy & The Federal Reserve System Define monetary policy and its use, and describe the Federal Reserve system, pointing out how they work together.

6 Lessons in Chapter 14: Economic and Fiscal Policy
Test your knowledge with a 30-question chapter practice test
Regulatory Policy: Definition, Processes & Examples

1. Regulatory Policy: Definition, Processes & Examples

The following lesson covers how the U.S. government uses its regulatory policy to oversee business activities. A short quiz will follow the lesson to check your understanding.

The Business Cycle: Economic Performance Over Time

2. The Business Cycle: Economic Performance Over Time

Learn the economic terms that describe economic performance over time and how indicators such as unemployment and inflation behave throughout these economic fluctuations.

What is Fiscal Policy?

3. What is Fiscal Policy?

The following lesson will cover how the U.S. government uses fiscal policy to affect the economy. A short quiz will follow the lesson to check your understanding.

Monetary Policy & The Federal Reserve System

4. Monetary Policy & The Federal Reserve System

This lesson covers the Federal Reserve System's use of monetary policy to help promote the economy. A short quiz will follow the lesson to check your understanding.

How the Government Protects the U.S. Economy

5. How the Government Protects the U.S. Economy

The following lesson will cover the ways in which the government protects the U.S. economy and ensures stable economic growth. A short quiz will follow the lesson to check for your understanding.

How the Government Promotes Economic Interests

6. How the Government Promotes Economic Interests

The following lesson will cover how the government promotes its economic interests through businesses, labor, and agriculture. There will be a short quiz following the lesson to check your understanding.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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