Economics CPD Courses

Economics CPD Courses Coming up this Term!- Book Your Places Now!

WOW! Economics 2015   |   Quantitative Methods (New Spec)


Economics Resources Popular resources on the {my channel} blogPopular resources on the {my channel} blog Economics revision quizzes Resource tags for the blog RSS Feed for the blog Twitter feed for this blog Teacher Email Resource Newsletter Category listing for this blog Economics Blog home page Economics Blog Home Page


Tracker Pixel for Entry

New Governor New Target New Policy?

Wednesday, December 12, 2012
Print Tweet This!Save to Favorites

The next Governor of The Bank of England Mark Carney has raised the possibility that The MPC might target GNP rather than inflation

Carney in one of his final speeches at The Bank of Canada, implies that Central banks should be prepared to ditch inflation targets in the event of sluggish growth and instead set themselves the task of raising national output.


It remains to be seen if this becomes a break with the 2% inflation target, which has been a feature of UK monetary policy over the last 15 years. Carney might be signalling a new approach to break the economic logjam.

It is worth considering the pros and cons of a shift in the focus of UK macroeconomic policy, the impact on expectations and economic behaviour.

On December 14th The BBC's Economics Correspondent, Stephanie Flanders weighs up the arguments and points out that critics point out that a change of target, might mean "that the Bank of England would be giving the mistaken impression that it can control economic growth when it can't." It could also mean that growth was being encouraged with little regard to the inflationary impact on the macroeconomy.




 

FOR MORE REVISION SUPPORT FROM THE TUTOR2U TEAM...

Follow the tutor2u team and all our subject blogs on Twitter

Register for free tutor2u revision classes at our sister site Zondle:

Use the following class codes to join our Zondle revision classes:

Economics: AS Micro 290-66327 AS Macro 290-66328 A2 Micro 290-66329 A2 Macro 290-66330

AQA AS/A2 Business: BUSS1 290-66325 BUSS2 290-66326 BUSS3 290-66323 BUSS4 290-66322

 



Economics CPD Courses in June 2014

Economics CPD Courses in June 2014 - Book Your Places Now!

ETNC 2014   | New to AS & A2 Economics | WOW! Economics 2014


tutor2u online store

PowerPoint Lesson Activities Teacher Conferences & CPD Courses
Exam Coaching & Revision Workshops Pre-release Case Study Toolkits
A Level Economics Teaching Support Resources for Business Studies
Digital Magazines  


Enter your Email


WOW! Economics 2015

Dates and Locations announced for WOW! Economics 2015

AS, A2 & IB Economics Revision Notes

Latest resources

Resource categories Blog RSS feed Blog RSS Feed

© Copyright Tutor2u Limited 2013 All Rights Reserved