Economics Online Statistics Home Definitions Videos Quizzes Questions

Policy objective

News


Gender pay gap

80% of UK companies and public sectors organisations pay women less than men.

Read more

Policy objective - definition

A policy objective is a desired outcome that policy-makers wish to achieve. A policy target is a specific level or rate set for the chosen objective. 

For example, a central bank may wish to achieve stable prices (the objective) and set a rate of 2% (the target for inflation). Policy instruments are the tools to help achieve objectives, and in order to monitor the success of a policy intervention, setting a target helps policy-makers know whether they have been successful, or not, and whether to  stop intervening, or whether to change approach.



 


WTO rules

What exactly is the 'most favoured nation' rule?

Read more
Read more
Model agencies collude to fix rates

Regulators find leading model agencies guilty of price fixing.

Read more
Read more
Read more
Read more
Customs unions

Costs and benefits of customs unions.

Read more
Savings ratio

Savings ratio falls to lowest level on record.

Read more