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Fiscal Policy (2024/2025 CFA® Level I Exam – Economics – Learning Module 3)

Prep Packages for the CFA® Program offered by AnalystPrep (study notes, video lessons, question bank, mock exams, and much more): Levels I, II & III (Lifetime access): https://analystprep.com/shop/cfa-unli... Level I: https://analystprep.com/shop/cfa-leve... Level II: https://analystprep.com/shop/learn-pr... Level III: https://analystprep.com/shop/cfa-leve... Prep Packages for the FRM® Program: FRM Part I & Part II (Lifetime access): https://analystprep.com/shop/unlimite... Topic 2 – Economics Learning Module 3 – Fiscal Policy LOS : Compare monetary and fiscal policy. LOS : Describe roles and objectives of fiscal policy as well as arguments as to whether the size of a national debt relative to GDP matters. LOS : Describe tools of fiscal policy, including their advantages and disadvantages. LOS : Explain the implementation of fiscal policy and difficulties of implementation as well as whether a fiscal policy is expansionary or contractionary.