ATARMAxxing · VCE Economics revision notes
Tax Reform, Subsidies & Immigration as AS Policy
Unit 4 AOS2 — Aggregate supply policies
What this note covers
- Where tax reform, subsidies and immigration sit in the AS toolkit
- Company and income tax reform: sharpening incentives to invest and work
- Targeted subsidies: buying down costs and correcting under-investment
- Skilled immigration: importing labour quantity and quality
- Worked application: reading migration and wage data in Section B
- Evaluation grid and exam technique
6 sections · 14 key terms & formulas · 6 common mistakes
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