Monday, October 25, 2010

Unit 2: Supply side policies announced by government

Sky news reports (with video) the launch of centres to link universities to industry

http://news.sky.com/skynews/Home/Technology/David-Cameron-Announces-200m-Hi-Tech-Hub-Network-Advanced-Manufacturing-Research-Centre-Rotherham/Article/201010415772325?f=rss

This BBC clip shows the announcement of a national infrastructure plan

http://www.bbc.co.uk/news/business-11619093

a) In what way are these supply side policies?
b) Using an AD/AS diagram, discuss the likely effect of these policies on the UK economy

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