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Budget Variance Analysis & a Fiscal Rules Check

Lesson 8 of 814 minLab

This lesson is part of the course

In this lesson

You compare Valdoria's 2026 spending outturn with the budget line by line, flag variances beyond tolerance, compute the deficit as % of GDP and test it against the deficit rule.

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Lessons in this course

  1. Government Revenue & Spending by Category, as % of GDPLab14 min Locked
  2. Primary vs Overall Budget BalanceLab13 min Locked
  3. Debt Dynamics: d(t) = d(t−1)·(1+r)/(1+g) − pbLab16 min Locked
  4. The Debt-Stabilising Primary SurplusLab14 min Locked
  5. Progressive Income Tax: Marginal vs Average Rates with a Bracket TableLab16 min Locked
  6. Tax Buoyancy, Tax Elasticity & a Revenue ForecastLab15 min Locked
  7. Public Investment Appraisal: Social NPV & the Discount RateLab16 min Locked
  8. Budget Variance Analysis & a Fiscal Rules CheckLab14 min Locked