How does fiscal policy work and which dimensions have to be considered? In this short text, you can learn about the difficulty of juggling different dimensions and which optimal rules exist at the micro and macro level.

The article discusses the state’s influence on innovation through financial support and provides examples how the state could receive a financial share of successful enterprises in order to keep on driving innovation in the future.

With the onset of an economic crisis that has been universally acknowledged since the end of March, two main questions arise: To what extent is the corona pandemic the starting point (or even the cause) of this crisis? And secondly: can the aid programmes that have been adopted prevent a deep and prolonged recession?

Crises are a key part of the history of the global economy. This lesson by Economy Studies introduces students to the crisis management theories of John Maynard Keyens by presenting them in the historical context of the Great Depression, the Post-War increase in the state in managing the economy, and the Energy Crisis of the 1970s.