The following section consist of Economic Policies, Schemes & Programmes. Take the quiz and improve your overall knowledge. Economic policy refers to the activities that governments take in the economic area. It covers the systems for setting levels of tax, government budgets, the cash supply as well as rates of interest in addition to the labor market, nationwide possession, and other areas of government interventions into the economy. Many factors of economic plan can be divided into either fiscal policy, which takes care of federal government actions regarding taxes and also costs, or financial policy, which handles main banking activities concerning the money supply and interest rates.Such plans are commonly affected by global institutions like the International Monetary Fund or World Bank along with political beliefs and the consequent plans of parties. Click here for Quiz on Economics for Students
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