Cambridge O Level Business Studies · Syllabus 7115 · External Influences on Business Activity
Government Economic Objectives
What is Government Economic Objectives?
The economy-wide targets a government pursues through its economic policy: growth in Gross Domestic Product, low and stable inflation, high employment, and economic stability. The objectives are partly in tension with one another, so a government pursuing one may make another harder to achieve, and businesses are affected by the policy tools used to pursue them as much as by the objectives themselves.
This definition is part of the External Influences on Business Activity chapter in Cambridge O Level Business Studies.
Last reviewed Syllabus 2026