4.1.1—Macroeconomic aims
- Syllabus
- 0455–2027–2028
- Objective
- 4.1.1
- Level
- —
4.1.1—Macroeconomic aims
- the macroeconomic aims of government:
- economic growth
- full employment/low unemployment
- stable prices/low inflation
- balance of payments stability
- redistribution of income
- environmental sustainability
- reasons behind the choice of aims and the criteria that governments may set for meeting each aim
- possible conflicts between macroeconomic aims:
- full employment and stable prices
- economic growth and environmental sustainability
- full employment and balance of payments stability
ConceptIGCSE Economics