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FISCAL POLICY
Government economic policies that rely on economic regulation and control exercised through government taxation and budgetary policy. These policies are in contrast to monetary policy which seeks to influence the direction of the economy and regulate levels of economic activity and inflation by control of both the rate of interest (the cost of borrowing money) and the amount of money available within an economy (the money supply). See: MONETARY POLICY / .

Last updated 2002--0-9-


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Athabaca University ICAAP

© Robert Drislane, Ph.D. and Gary Parkinson, Ph.D.
The online version of this dictionary is a product of
Athabasca University and
ICAAP

*This social science dictionary has 1000
entries covering the disciplines of sociology, criminology, political
science and women's study with a commitment to Canadian examples and
events and names