Question

“If you change the way you look at things, the things you look at change.” – Wayne Dyer In the context of your learning in this unit, this can be paraphrased as ‘If you change the way you look at policy, the policies you look at change’. So the question is, has your thinking about policies as social instruments changed in this unit? Write a reflection of how your thinking about the effect of policies has evolved. [TS 4.1] Two sections to your response: (i) Relate how the way you think about the effectiveness of policy has changed as a result of your learning in this unit. Think of any aspect that is relevant to you. For example, you may have realized that the use of a policy that may (or may not) be an effective way to bring about the intended change in your behaviour. (3 marks) (ii) Next, specify what part(s) of your studies brought about this change in thinking on your part. Can you name any specific example pertaining to your own experiences where your thinking of policy and its effect has shaped your understanding? (3 marks)

Answer 1

Answers Macroeconomic policies Released quarterly by us. Fome Showcases entire Rationale Beyond Adoption of Monetary policy. Sometimes a 0. 25% rate cut is uses to Boost liquidity unto system and push the real GDP and prices marginally Higher. However if we look at the policy, this are varicty of drawback of rate cent which is used to Balonce economy, con have its own logs in auplumcntation and as Results even prices congo Substantially higher leading to wi flation which com Again Teopardise the economy as will of Contractionary Fiscal policy if ur place This critical thinking of Macroeconomic policy changes Maqorly due to drill down Analysis and study of Microeconomics and its Impact on economy. It gives students to think out of the Box and weigh down positive dwill os negative externality of each policy.