We think you have liked this presentation. If you wish to download it, please recommend it to your friends in any social system. Share buttons are a little bit lower. Thank you!
Presentation is loading. Please wait.
Published byAidan Pope
Modified over 2 years ago
Working with Data on Government Finances Dean Garratt Stephen Heasell Division of Economics Nottingham Business School
Chart 1: Budget Deficits, £ billions Source: Public Sector Finances First Release, National Statistics
Chart 2: Budget Deficits as a % of GDP Sources: Public Sector Finances First Release and UK Output, Income and Expenditure, National Statistics
Chart 3: Cyclically-adjusted borrowing as a % of GDP Source: HM Treasury Public Finances Databank
Chart 4: Let and Growth of Public Sector Net Debt Source: HM Treasury Public Finances Databank
Chart 5: Public Sector Net Debt as a % of GDP Source: HM Treasury Public Finances Databank
Working with Data on House Prices Dean Garratt Stephen Heasell Division of Economics Nottingham Business School.
Chart 1: General Government Expenditure to GDP, % Source: World Economic Outlook Database, April 2011, International Monetary Fund.
The Budget Proposal 2002 October 1, 2001.
UK FISCAL POLICY. In the shadow of the deficit Spending Tax Revenues.
Recession, Recovery and Cuts - What does London need? Bridget Rosewell Chief Economic Adviser GLA.
Global Economic Watch International Finance December 31, 2009.
IFS The public finances Christine Frayne. © Institute for Fiscal Studies, 2004 Outline Current receipts –Short term forecast revised down –Medium term.
PRESENTATION OF THE CENTRAL GOVERNMENT DEBT By Isabelle Ynesta National Accounts and Economic statistics.
Econ 102 Fall Fiscal Policy 1.Discretionary fiscal policy- 2. Automatic stabilizers.
Group 2 Chih-Mei Shen & Nancy Briana Lόpez Hodgson.
The Federal Government’s Budget. The government ’ s fiscal year runs from April 1 to March 31. The upcoming budget will estimate revenues and expenditures.
Introduction to the UK Economy. What are the key objectives of macroeconomic policy? Price Stability (CPI Inflation of 2%) Growth of Real GDP (National.
Fiscal Policy, Deficits, and Debt 30 McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.
Bank of Botswana Data Chart Packs National Output (last update: June 2014) : Contents: 1.Real GDP growth, 2009 – Real GDP growth by sector, 2012.
Fiscal Policy and the Multiplier. Unemployment Economic Growth.
AS/A2 The national economy The UK Economy: a Health Check How well has the economy been performing, and whats round the corner? The UK Economy: a Health.
Lectures in Macroeconomics- Charles W. Upton Yet Even More on Debt and Taxes.
Lecture 2 The Data of Macroeconomics, Macroeconomic Accounts 1 1.Measuring the Value of Economic Activity: GDP 2.Measuring the Cost of Living: The CPI.
Engaging Students to Make Economic Sense of Data: Towards a Better Mix of Learning Resources DEE09 Wednesday 9th September 2009 Dean Garratt and Stephen.
FMI Ontario Chapter PD Day Business Planning and Program Evaluation October 21, 2009.
Macroeconomic Policies. Fiscal policy “Fiscal policy” is the government operation of government spending (G) and taxes (T). Typically we consider.
Do Now: Why do governments borrow money? Relate government savings to the loanable fund market?
9 © 2004 Prentice Hall Business PublishingPrinciples of Economics, 7/eKarl Case, Ray Fair The Government and Fiscal Policy Prepared by: Fernando Quijano.
Inflation Report May Demand Chart 2.1 Contributions to quarterly growth in nominal GDP (a) (a) At market prices. Contributions may not sum to total.
Fiscal Policy, Deficits, and Debt Chapter 31 Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior.
Fiscal Policy, Deficits, and Debt 13 McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.
Government in the Economy Government Purchases (G), Net Taxes (T), and Disposable Income (Y d ) The Determination of Equilibrium Output (Income) Fiscal.
National Institute of Economic and Social Research How to pay for the crisis Ray Barrell February 2010 NIESR.
1 Chapter 12 Budget Balance and Government Debt. 2 Budget Terms A Budget Surplus exists when Tax Revenues are greater than expenditures and is the difference.
The Budget Block and the Institutional Accounts in the RIM model Performed by Savchishina Ksenia The Institute of Economic Forecasting ©Institute of Economic.
Fiscal Policy, Deficits, and Debt Chapter 13 Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior.
Unit 8 - Federal Budget Policies n The Federal Budget Deficit or Surplus is the yearly difference between federal government expenditures and revenues.
Enhancing the use of international data by students of economics Dean Garratt and Stephen Heasell Nottingham Business School 6 th September 2011.
29-1 Economics: Theory Through Applications This work is licensed under the Creative Commons Attribution-Noncommercial-Share Alike 3.0 Unported.
Govt Spending JA Stenning Government Spending. Govt Spending JA Stenning Trends in Govt Spending During early 19 th Century, Govt spending as a percentage.
# McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. Fiscal Policy, Deficits, and Debt 8.
FISCAL POLICY LEGISLATIVE MANDATES Employment Act of 1946 Council of Economic Advisors (CEA) Joint Economic Committee (JEC)
The Debt Crisis. Key things to know What is the national debt? the sum of all federal bills, notes and bonds that have been issued by the Treasury and.
Busting the single narrative the debt crisis as just another story – or why are we prey to a single narrative? 1.
Fiscal Policy 12 McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.
Chapter Twenty Five The Government and Fiscal Policy.
Part B: Ontario’s Budget. The Ontario Budget The Ontario Government’s fiscal year runs from April 1 to March 31. The upcoming provincial budget will project.
Post Budget Briefing Institute for Fiscal Studies 23 rd March 2006
Government budget Budget deficits and debt 1. Recall, when we talked about national savings: T – G is not a budget surplus Because it is missing.
Copyright © 2010 Pearson Addison-Wesley. All rights reserved. Chapter 14 Deficit Spending and The Public Debt.
2011 USDA Ag Outlook Forum USDA Outlook for the 2011 U.S. Farm Economy Timothy Park Farm and Rural Business Branch Resource and Rural Economics Division.
Economic and Fiscal Outlook John McHale National University of Ireland, Galway Irish Fiscal Advisory Council October 3, th Annual IUA HR Conference.
© 2017 SlidePlayer.com Inc. All rights reserved.