Outline and explain with examples, how Governmets use Monetary policy to increase economic welfare. How succesful have UK Governments been in last 10 years, and what challenges still remain?
Introduction: 250 words
What is macroeconomic polciy and why it iis important?
How the government uses macroenomic policy for economic welfare
Body: 1000
Identiify and analyse two or three economic policiies the government is using to increase economic welfare. List down the advatages and disadvantages of these policies and measure theiir effectiveness in the last ten years by using referenced journals articles and books
Identify key challenges the government is facing to implement these policies and provide recommendations
Conclusion: 250
Summarise your core arguments and provide evidence of how you achieved your selected topic goal