In the world today, there are many different economic policies that guide nations towards fiscal success. Each of these policies has different strengths, weaknesses, effectiveness and policies. An economic policy is, basically, how a government acts in the global economic market. The reason that governments employ economic policy is to stimulate their own economy, lower unemployment, and establish fair and constant selling prices. There are dozens of terms used to describe the specific economic policies and describing each individual one would be impossible, save in a ten-thousand page book. However, there are ways to generalize the types of economic policies present in the world today. For many economists, there are two general types of economic policies: these are fiscal policy and monetary policy.