Economic policy refers to the code of conduct and measures in economic life stipulated by the state or political parties to achieve certain political and economic tasks, or to guide and regulate economic activities, mainly including fiscal policy and tax policy, monetary policy, trade policy Wait.
Economic policy originally belongs to the superstructure, but because it is not only a reflection of a certain economic foundation and social productivity, but also has a strong reaction to the economic foundation and social productivity, and can promote or hinder the development of social economy, so it is an economic scientific research. a field.
Classification of Economic Policies
Economic policy can be divided into macroeconomic policy and microeconomic policy.
Macroeconomic policies include fiscal policy, monetary policy, income policy, etc.;
Microeconomic policies refer to some legislation and environmental protection policies formulated by the government against interference with the normal operation of the market.
Main measures of economic policy
The formulation and implementation of economic policies must maintain continuity, and the swinging economic policies will inevitably bring losses to economic operation;
The formulation and implementation of economic policies must also have a certain degree of “flexibility”. Once the situation changes, economic policies must be adjusted accordingly.
Whether the economic policy is correct or not has an extremely important impact on social and economic development.
Correct economic policies can greatly promote the development of social economy; wrong economic policies will bring serious damage to social and economic development.
The economic policies formulated by the state or political parties mainly include:
Formulate economic and social development strategies and guidelines, formulate industrial policies to control the balance of total social supply and total demand, and plan and adjust industrial layout;
Formulate fiscal policy, monetary policy, comprehensive balance policy of finance and credit, adjust the proportional relationship between accumulation and consumption, realize the balance between total supply and total demand of social financial resources, control currency issuance, and curb inflation;
Formulate income distribution policies, guide the direction of consumption demand, and improve the structure of consumption, so as to maintain an appropriate proportional relationship between accumulation funds and consumption funds and prevent inflation.