The content of this unit encourages learners to adopt a critical approach to their study of policy through a development of their understanding of the limitations and conflicts which macroeconomic policies cause. There is also a study of the application of policy instruments and the conflicts which can arise from these policies. Learners should be able to: recognise the assumptions, relationships and linkages of the possible impacts of macroeconomic policies; consider the possible impact of macro-economic policies; recognise the issues which a government faces in managing the macroeconomy; argue for different approaches; and identify criteria for success and to be able to evaluate the effectiveness of different policy approaches.