HSC Together Year 12 Economics: Microeconomic Policies and Their Effects

Economics

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Microeconomic Policies and Their Effects

Microeconomic policies improve the efficiency of product markets, factor markets and industries. This then improves the productivity of the economy through increases to aggregate supply. These microeconomic policies are also known as microeconomic reform. Watch the videos to learn more about the rationale for effects of microeconomic policies on product and factor markets, industries and the economy in HSC Economics.

 

 

 

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