Wednesday, January 02, 2008

Unit 3: Supply side policy: Cash to encourage the young to train

This Guardian article explains a government "Carrot and Stick" approach to improve the skills of the unemployed young

http://www.guardian.co.uk/society/2008/jan/02/socialexclusion.workandcareers

a) Explain what supply side policies are
b) Explain why the proposed plan could be clasified as a supply side policy
c) Why do you think both the "carrot" and "stick" are needed as part of the policy

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