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A demand-side example would look like this: A bank that your family goes to decides to buy shares from the government so it can have more money to lend out to the people that use that bank, which puts more money in circulation in the nation due to the interest rate on a loan taken out from that commercial bank.
A supply-side example looks like this: a part of the economy is targeted to have its efficiency raised. To do this, the price level of a good is lowered. This will reduce inflation in the overall economy and can increase the level of jobs and output.

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For demand-side,  an example of this policy in action is increasing the money supply through commercial banks buying from the government to increase lending.
On supply-side, seeing this policy at work is a shift in price, a lower price, to help reduce inflation

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Some reasons people support the idea of supply-side policy is
-can reduce inflationary pressure over extended periods of time
-help create real jobs
-help productivity and effectiveness in the market
Some reasons people support the idea of demand-side policy is
-taxing can impact national income
increases consumption of public goods
-influence on aggregate demand

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The Demand-side Action Plan

To boost the demand for innovations, the European Commission launched an Action Plan in 2012. The Action Plan was announced in the Communication, 'A Stronger European Industry for Growth and Economic Recovery' and consists of three phases:

1. Phase 1 - developing an assessment methodology to identify markets, toolboxes, and demand-driven models (until early 2013)

2. Phase 2 - developing strategic roadmaps for demand-side actions (beginning at the end of 2013)

3. Phase 3 - the actions set out in the strategic roadmaps of phase 2 will be implemented. In parallel, a new monitoring system will be explored to measure the impact of demand-side policies and the implementation of the strategic roadmaps (end of 2014-2015 and beyond).

Commission objectives and actions are:

to analyse demand-side policies carried out in the EU and their impact

to present the work on the strategic roadmap projects

to mobilise EU countries and regions in applying demand-side policies

Projects to develop the strategic roadmap

In 2014, six projects for developing the strategic roadmap to foster the uptake of innovations began:

BUILD-THE-FUTURE (209 kB) - a roadmap to accelerate the market development and market uptake of innovative technologies in the field of Plus-Energy-Buildings.

ENERGY-4-HEALTH (32 kB) - a roadmap to improve the framework conditions that influence demand for the market uptake of innovative energy solutions in the healthcare sector.

EV-CONNECT (148 kB) - a roadmap to shift from the current random and isolated charging infrastructure for electric vehicles to interconnected charging networks based on market demand.

MAPDRIVER (191 kB) - a roadmap to facilitate the uptake of ICT innovations in European transport with regard to freight and passenger transport.

RESIDE (500 kB) - a roadmap focusing on three European regions to assess the market and to propose an implementation plan for regionally effective demand-side policy measures.

SUNROAD (164 kB) - a roadmap to promote the European and global market uptake of European photovoltaic innovations.

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Demand-side policies for innovation - Growth - European Commission

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To boost the demand for innovations, the European Commission launched an Action Plan in 2012.

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WASHINGTON - Ann Jacks quit her job as a restaurant chef in North Carolina, started her own business and worked 80 hours a week for two years, before exhausting herself and her patience. She shut down the company and, in November, returned to her old job. It paid a dollar an hour more than it did when she left it.

Ms. Jacks, who now earns $22,000 a year and said she couldn't afford her health insurance deductible, is one of many Americans still waiting to feel the effects of an improving economy nearly a decade after the Great Recession.

"I don't see evidence of the wages getting higher, except for specific types of jobs, like management, banking," she said. "My attorney friends aren't hurting."

Yet Federal Reserve officials are beginning to worry about a possibility that seems remote to workers who still feel left behind: the danger of the economy's running too hot, destabilizing financial markets and setting off a rapid escalation in wages and prices that could force the central bank to slam the brakes on growth.

Officials at the Fed have in the last few weeks escalated a public and private debate over how close the economy is to "overheating," a condition when abnormally low unemployment can trigger spikes in inflation and destabilize financial markets.

The Commerce Department will report its first estimate of first-quarter growth on Friday, and economists expect it will register around 2 percent, short of the 3 percent that President Trump has promised will deliver large wage increases to workers across the board.

Forecasters expect growth to accelerate later this year, though. Those predictions, along with a recent uptick in the inflation rate, are prompting some Fed officials to push the bank to raise interest rates at a faster pace than it has been, in order to reduce the risk of overheating.

Fed officials have raised their benchmark rate to a range of 1.5 to 1.75 percent in a series of carefully orchestrated increases. Their most recent economic projections suggest they expect to raise rates two more times this year and three times next year.

While officials worried about overheating are pushing a faster pace of increases, other officials say it's way too early to turn down the heat on the economy - and on workers who are still waiting for big wage increases to show up.

Both camps say they are concerned for workers like Ms. Jacks.

"When we think about the economy from the aspect of monetary policy, we can't get it right for everybody," Eric Rosengren, the president of the Federal Reserve Bank of Boston, said in an interview last week. "We can get it right for the overall economy."

Mr. Rosengren is among those pushing for the Fed to raise interest rates more quickly than some of his colleagues would prefer, in part because he fears a situation in which rapid inflation forces the bank to raise rates drastically, tipping the economy back into recession.

In that case, he said, "the people who feel already like they're not keeping up with the rest of the economy would probably be the first ones laid off in an economic slowdown."

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Charles Evans, the president of the Federal Reserve Bank of Chicago, said in a speech this month that "I think we can undertake more moderate monetary policy adjustments today than often was the case in the past." Credit Daniel Acker/Bloomberg

Other Fed officials want to let the economy run hotter, longer, contending that economic data suggests today's low unemployment rates are not necessarily harbingers of high inflation.

Charles Evans, the president of the Federal Reserve Bank of Chicago, warned in a speech this month that Fed officials should not assume that just because low unemployment spurred double-digit inflation in the 1970s and '80s the same situation would occur today. He suggested that structural changes in the economy, such as a disconnect between the areas where job openings are and where prospective employees live, and the reluctance of workers to move to chase those openings, could be distorting the labor market.

"While it is incumbent upon policymakers not to forget the painful lessons of the 1970s and 1980s, we are living under different circumstances today," Mr. Evans said. "I think we have the opportunity to more patiently read - and react to - the incoming data. That is, I think we can undertake more moderate monetary policy adjustments today than often was the case in the past."

White House officials side firmly with the "not overheating" camp, arguing that Mr. Trump's mix of deregulation and tax cuts will increase investment and productivity in the economy, yielding faster growth while suppressing inflation.

"Our view is that most of our policies are going to create growth for the economy on the supply side, and that when the supply-side growth comes, then that's actually good for inflation, because if you increase supply, it puts downward pressure on prices," Kevin Hassett, the chairman of the White House Council of Economic Advisers, told reporters in February. "And so we think that we can get the 3 percent economic growth that we forecast without a big pickup in inflation."

The group of Fed officials worried about overheating point to several economic data points. The unemployment rate is 4.1 percent, near the lowest level recorded in a half-century, and it is below what Fed officials judge to be the sustainable long-term unemployment rate. Forecasters expect the recent injection of fiscal stimulus, from tax cuts and increased federal spending, to drive that rate down even further.

Inflation expectations are rising in financial markets, as measured, in part, by how much the government must pay investors to borrow money. Stock values remain high by historical standards, even with the recent dips in the market.

In similar periods in American economic history, "there have been heightened risks either of inflation, in earlier decades, or of financial imbalances more recently," Lael Brainard, a Fed governor, said in a speech last week.

Many Fed officials worry that by raising rates too slowly, they risk having to move quickly in the event of an inflation spike or financial turmoil. Such abrupt action, they fear, could snuff growth and plunge the economy into a recession. Other officials, such as James Bullard of the Federal Reserve Bank of St. Louis and Neel Kashkari of the Federal Reserve Bank of Minneapolis, say officials should keep to the current course of rate increases, particularly because inflation remains below the Fed's target of 2 percent annual growth.

Polling and interviews suggest that American workers are worried about rising prices but far more concerned about job and wage growth. In polling in March for The New York Times by the research firm SurveyMonkey, 62 percent of respondents said consumer prices had risen faster than wages over the preceding year. Only 4 percent said inflation was the largest economic problem facing the country. Twenty-five percent named the cost of health care as the largest economic problem, 21 percent said the gap between the rich and everyone else, and 10 percent named stagnant wages and benefits.

Constance Bevitt, who does freelance work in Montgomery County, Md., said Fed officials were wrong to be worried about overheating.

"When they talk about full employment, that ignores almost all of the people who have dropped out of the economy entirely," she said. "I think that they are examining the problem with assumptions from a different economic era. And they don't know how to assess where we are now."

Ms. Jacks said she was struggling with a low salary after closing her locally sourced food company and returning to restaurant work. She also said she had noticed vacancies in the industry going unfilled, because restaurants could not find workers. Their owners, she said, cannot afford to raise wages in order to attract talent.

A version of this article appears in print on , on Page B2 of the New York edition with the headline: Fed Officials Worry Economy Is Too Good. Workers Still Feel Left Behind.. Order Reprints | Today's Paper | Subscribe

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Fed Officials Worry the Economy Is Too Good. Workers Still Feel Left Behind.

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WASHINGTON - Ann Jacks quit her job as a restaurant chef in North Carolina, started her own business and worked 80 hours a week for two years, before exhausting herself and her patience. She shut down the company and, in November, returned to her old job.

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In April of this year, the New York Times posted an article discussing that supply side policy is not working how some had hoped and that workers feel left behind

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In Europe, there is a demand side policy called the Action Plan which was initiated in 2012 to boost demand for innovation

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Macro Minute -- Demand-side vs. Supply-side Economics

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I believe that demand side is more effective at achieving goals in the economy. Demand side seemingly increases need for products, as stated in the EU article. Supply side has shown to work because it can spur on economic growth, but mainly in the long term, which can potentially not happen at all. There is no one hundred percent right answer to economics, though, and having a balance of the two can work. Demand and supply policies must work together to work effectively with a healthy balance of demand and supply.

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Evidence that supply side policies work is that it boosts job creation and spurs on economic growth. Evidence for failure of this is that economic growth didn't occur as quickly due to higher taxes

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Evidence that demand side policies work is that these policies can affect the money supply, or how much is in circulation that can be used. Evidence that is can fail is that there is possibility for higher inflation

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Many believe this policy to work because it can reduce inflation as well as changes the demand in the economy

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Many believe this policy to work because it improves economy's productive potential

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http://www.economicsonline.co.uk/Global_economics/Supply-side_policies.html
https://www.economicshelp.org/blog/3176/economics/supply-side-economics-pros-and-cons/
http://www.debate.org/opinions/demand-side-economics-yes-vs-supply-side-economics-no
http://www.sanandres.esc.edu.ar/secondary/economics%20packs/macroeconomics/page_55.htm

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-Can take a long time to work in the economy
-Costly to implement

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-Reduces minimum wages
-reduces income and corporation taxes
-Easier to find and hire employees

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-Government spending must increase for this policy to be in effect
-Demand can cause inflation

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-Can increase products' supply
-Can meet basic needs, more likely to pursue education for themselves
-Can boost and promote innovation

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Provides incentives to help with stimulating output of the economy

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It attempts to increase or decrease to affect inflation, employment, and output