supply-side economics

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supply-side economics

n
(Economics) (functioning as singular) a school of economic thought that emphasizes the importance to a strong economy of policies that remove impediments to supply

supply-side economics

Economic policies based on the idea that a national economy will benefit through a government making more money available for investment, especially through reducing tax levels.
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Noun1.supply-side economics - the school of economic theory that stresses the costs of production as a means of stimulating the economy; advocates policies that raise capital and labor output by increasing the incentive to produce
economic science, economics, political economy - the branch of social science that deals with the production and distribution and consumption of goods and services and their management
References in periodicals archive ?
Terms such as modernity, deconstructionist, Keynesian and supply-side theory may not resonate with the average high-school student.
Hansmann (1987:29) developed a supply-side theory -- the contract failure theory.
Identifying the policy's primary advocates, the author reviews supply-side theory and the economic conditions existing during the early 1980s, along with a discussion of the tax and budget policies that appeared during the early Reagan Administration.