Five conditions of the mixed economy, including full employment, stability, economic growth, efficiency, and equity, that are generally desired by society and pursued by governments through economic policies.
macroeconomic goals
1.full employment
2. price stability(inflation)
3. economic growth
4.balance of payments
microeconomic goals
1.efficiency
2.equity
-know the conflict between the goals. -->tradeoff.
you cant achieve all the goals simultaneously.
for more, pls read http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=economic+goals
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