With the mid-year exams next week here are a couple of mindmaps I produced using OmniGraffle (Apple software). I found it a useful starting point for students to discuss the effectiveness of each policy and the conflicts within macro objectives. This is a very common essay question in CIE Paper 4. My question would be:
What policies has the government in your country implemented since Covid-19 and how successful have they been in meeting macro economic objectives? (25)


This is great! But I would like to ask one question: why is income tax a supply-side policy? Isn’t it a direct tax and therefore is targeted at the demand side? Thank you!
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Hi Dave – thanks for your comment. I was looking at the incentive to work with lower income tax therefore supply-side. However you are right as it will impact the demand-side of the economy as well.
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