📚 Supply-Side Policies: How to Raise Potential Economic Growth | 供给侧政策:如何提升经济潜在增长
Supply-side policies are structural measures designed to increase the productive capacity of an economy. For CIE IGCSE Economics, understanding how these policies raise potential economic growth is essential for analysing long-run macroeconomic performance.
供给侧政策是一类旨在增强经济体生产能力的结构性措施。在CIE IGCSE经济考试中,理解这些政策如何提升潜在经济增长,是分析长期宏观经济表现的关键。
1. What Are Supply-Side Policies? | 什么是供给侧政策?
Supply-side policies are government actions that focus on shifting the long-run aggregate supply (LRAS) curve to the right, thereby increasing the economy's potential output. They aim to raise the quantity and quality of factors of production.
供给侧政策是指政府通过使长期总供给(LRAS)曲线向右移动、从而增加潜在产出的行动。其目标是提高生产要素的数量与质量。
These policies are distinct from demand-side policies such as changes in interest rates or government spending. Demand management tries to stabilise short-run output, while supply-side reforms address the underlying capacity of the economy.
Published by TutorHao | IGCSE Economics Revision Series | aleveler.com
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