The new economic paradigm
This section explains the new economic paradigm: smoothing business cycles by using demand-side and supply-side policies together, so that output can grow for longer without inflation. In South…
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What will I learn in "The new economic paradigm"?
This section covers The new economic paradigm as part of Business cycles and forecasting in Grade 12 Economics. You'll find clear explanations, worked examples, and key definitions aligned to the CAPS curriculum.
Is this section aligned with the CAPS curriculum?
Yes. All notes on Hlayiso, including "The new economic paradigm", are written against the official CAPS curriculum and ATP for Grade 12 Economics.
What should I study after "The new economic paradigm"?
Continue with the next section in Business cycles and forecasting, or test your understanding with the interactive quiz linked to this section.
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