Supply-side economics is a macroeconomic theory arguing that economic growth can be most effectively created by lowering taxes and decreasing regulation, by which it is directly opposed to demand-side economics.
Supply-side economics is a macroeconomic school that holds that economic growth can be achieved more effectively with measures that increase aggregate supply by reducing barriers for people who produce (offer) goods and services, such as reducing taxes and by allowing greater flexibility through deregulation. According to supply-side economiy, consumers will end up benefiting from a greater offer of goods and services at lower prices. Policy recommendations typical of supply-side economists are to lower tax rates and lower legal regulation of economic activity.
