Policy in its control of the economy:
Analysis and Discussion.
‘The Business Environment Report’ submitted to
The College of Technology London.
Submitted By : Max Pereira Enrolment No : 083799-84 Section : MEP 2 Email : max.pereira@stu.ctlondon.ac.uk Word Count : 3000 words
Under the Guidance of
Lecturer: George Olusoji
1. Abstract
We are all aware of the present world crisis and the recession period in which United Kingdom is progressing. Any individual may be inquisitive about what the government of UK is doing in this case and how the government is tackling this issue.
This report aids in understanding the UK Government’s purpose of the using the Fiscal and Monetary policies, in addition to analyzing and discussing the justification for the government using these policies.
The report identifies the macro-economic in the wide context and attempts to identify the government’s role in the economic and the strategies government uses to manage the economy. The study makes an attempt in making relevance of the present world crisis and certain situations where the fiscal and monetary policies have come into picture.
An effort is made towards analyzing and discussing the government actions in permutation to these policies. Towards the end of the study, certain recommendations are made in relevance to literature and concluded with perception.
2. Contents
1. Abstract ---------------------------------------------------2
2. Contents ---------------------------------------------------3
3. Introduction ---------------------------------------------------4
4. Methodology ---------------------------------------------------6
5. Discussion and Analysis ---------------------------------------------------7
6. Recommendations
References: According to Palmer and Hartley (2006), UK’s national economy is visualized as a complex systems integrated with variables which co-relate directly or indirectly. The UK government plays a vital role in balancing the economy through its policy objectives. 2: Monetary Policy, which influences the circular flow of income by changes in the supply of money and interest rates (Palmer and Hartley, 2006).