This free economics course breaks down fiscal and monetary policy, and demystifies the supply and demand curve. This free online course teaches you about fiscal and monetary policies: how they impact a country's economy and population, and how supply and demand affects monetary circulation and interest rates. Monetary policy is set by the central bank, while the government sets the fiscal policy. Find out how, working together, they help a country achieve its economic goals.
| College | Alison |
| Course ID | 196250 |
| Course Type | Online Learning |
| Course Qualification | CPD Certificate |
| Course Duration | 1.5-3 hours |
| Course Fee | Free |
| Entry Requirements | Like all courses on the Alison Free Learning platform this is a free, CPD-accredited course. A Graduate can choose to buy a certificate or diploma upon successful completion of a course, but this is not required or necessary. At Alison we believe that free education, more than anything, has the power to break through boundaries and transform lives. Alison is the world’s largest free online empowerment platform for education and skills training, offering over 5000 CPD accredited courses and a range of impactful career development tools. It is a for-profit social enterprise dedicated to making it possible for anyone, to study anything, anywhere, at any time, for free online, at any subject level. Through our mission, we are a catalyst for positive social change, creating opportunity, prosperity, and equality for everyone. |
| Career Path | What You Will Learn In This Free Course • Define the concept of viewing interest as 'rent for money' • Describe how the supply and demand around money impacts interest rates • Discuss how central banks use monetary policy to adjust the market • Explain how a fiscal policy can change GDP • Outline how changes to tax or government spending can have similar effects on GDP |
| Course Code | 1774 |

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