You are an advisor to President-elect Obama
Running Head : Advice to President Obama Advice to President Obama (Your Name (Your School Advice to President Obama Introduction Economy of a country is the most important aspect that would determine the capability of the country in various issues that include military power , political and industrial capabilities . To address the issues that regard the economy , there are several tools that are used to navigate the way forward for the country 's economy Setting policies , which are referred to as the actions the government take in addressing the economic field . Economic

policies covers the systems that are used in setting the interest rates , labor market and the government deficit and any other areas that are concerned in the government businesses . Economic policies are mostly influenced by the international institutions like the World Bank , the IMF and country 's political believes
There are different types of economic policies that include , the Fiscal policy , Fiscal Stance , Tax policy and the Government spending as well as the Monetary policy . Though there are many other policies but they usually fall under these major policies (Tom , 1997
Policy tools and goals
Policy is mostly directed to achieve a given goal or a given objective The policy targets can be of different categories that may include , the inflation , the military spending , the economy growth , unemployment , and also the naturalization . These are the goals the economic policy is aiming in achieving
To achieve these goals , the government uses the policy tools which are mostly controlled by the government...
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