- The macro-economic policy context
- Fiscal policy and the economic cycles
- What is the money spent on?
- Where does the money come from?
- Public spending in the devoted administrations
- Why is the level of public spending important?
- The fiscal crisis of 2008 and its aftermath
- Public service heads, managers, and those who work in some capacity with the public sector.
- Those employed within the public sector charged with the responsibility of bringing about change so that their organisation is more efficient and offers more value for money.
- Public service executives that understand the need for reform and, as a team, think through the recalibration of the state and its services that this implies.
- Those who wish to address the ethos, goals and disciplines of public service and will help to create the means of refashioning and strengthening them.
Upon completion of this course, you will be able to understand that:
- Macro-economic policy is made up of monetary and fiscal policy instruments and is both about maintaining growth and stability and about finding the resources for public services and transfers.
- Spending varies with the economic cycle.
- Fiscal policy can affect the economy and influence the economic cycle.