Definition of Economic policy instruments
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Economic policy instruments Definition from Science & Technology Dictionaries & Glossaries
Policy instruments which create the economic incentives for individuals to choose freely to modify or reduce their activities, thus indirectly producing an environmental improvement. Scialabba (1998)FAO
Economic policy instruments Definition from Encyclopedia Dictionaries & Glossaries
English Wikipedia - The Free Encyclopedia
Macroeconomic policy instruments refer to macroeconomic quantities that can be directly controlled by an economic policy maker. Instruments can be divided into two subsets: a) Monetary policy instruments and b) Fiscal policy instruments. Monetary policy is conducted by the Federal Reserve or the central bank of a country or supranational region (Euro zone). Fiscal policy is conducted by the Executive and Legislative Branches of the Government and deals with managing a nation’s Budget.
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