Macro Policies Model Essays

Free A Level H2 Economics model essays on macro policies by Mr Eugene Toh, with an examiner's note on what scores. Read them to see how a top answer is built, then write your own.

These are free samples. ETG students get the full model essay bank, refreshed each exam cycle and marked by our team, plus the AI essay coach.

• Explain the key macroeconomic objectives of the Singapore government.[10]
• Assess the effectiveness of Singapore's existing macroeconomic policies in reducing unemployment.[15]
• Discuss whether efforts to curb inflation may create economic trade-offs or problems for Singapore.[15]
• Evaluate the overall impact of a currency depreciation on an economy's performance.[15]
• Explain one demand-side and one supply-side factor that may lead to a depreciation of a country's currency.[10]
• Discuss whether the implementation of policies for price stability will always lead to trade-offs in Singapore's economic performance.[15]
• Assess whether increasing the retirement age is the most effective way to ensure fiscal sustainability in an ageing economy.[15]
• Explain why governments aim to achieve fiscal sustainability.[10]
• Discuss the effectiveness of different macroeconomic policies in helping Singapore achieve a healthy balance of trade.[15]
• Evaluate whether focusing on exchange rate policy would be more effective than discretionary fiscal intervention in helping Singapore recover from the COVID-19-induced recession.[15]
• Explain the economic impact of the COVID-19 pandemic and how discretionary fiscal policy can help support recovery during a recession.[10]
• Explain the impact of fiscal imbalances on an economy.[10]
• Assess the view that providing subsidies for education and retraining is the most effective way to promote inclusive growth in an economy.[15]
• Discuss whether keeping interest rates low, on balance, will allow the US government to achieve price stability.[15]
• Explain how lowering interest rates can help reduce unemployment in the United States.[10]
• Discuss whether supply-side policy is the most appropriate policy to be used in addressing stagflation.[15]
• Discuss whether monetary policy by itself is sufficient to tackle COVID-19-related unemployment in Singapore.[15]
• Explain why using a mix of economic policies is essential for the Singapore government to meet its various macroeconomic objectives concurrently.[15]
• Explain why low inflation, full employment, and sustainable growth are commonly pursued as key macroeconomic policy objectives by governments.[10]
• Given that producers of price elastic goods may see higher revenues, should oil-exporting nations respond to deflation through fiscal stimulus or by addressing its underlying causes?[15]
• Discuss whether supply-side policies are effective in increasing the standard of living.[15]
• Evaluate whether market-based supply-side policies are the most effective approach to promoting economic growth during periods of economic uncertainty.[15]
• Evaluate how effective an exchange rate depreciation is in enhancing a country's standard of living.[15]
• In light of Japan's ageing population, should the government place greater emphasis on tackling deflation or on cutting its fiscal deficit?[15]
• With the aid of a diagram, explain one demand and one supply factor that would cause a depreciation of a country's currency.[10]
• Discuss the most appropriate policy measures that should be taken to reduce youth unemployment in China.[15]
• Discuss the extent to which supply-side policies will lead to an improvement in standard of living.[15]
• Discuss whether increasing the retirement age in a country with an ageing population is the best policy measure to attain fiscal sustainability.[15]
• Discuss whether the UK should prioritise reducing inflation over promoting economic growth and whether increasing interest rates is an appropriate policy to deal with stagflation in the UK.[15]

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