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2ba BASIC MACRO ECONOMICS

The document outlines a series of activities designed to teach students about macroeconomics, focusing on national income accounting, fiscal and monetary policy, international trade, and economic development. Each activity involves group work, case studies, simulations, and presentations to analyze economic indicators, implement policy solutions, negotiate trade agreements, and research developing countries. The goal is to provide practical skills and a deeper understanding of macroeconomic concepts and their real-world applications.

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John Mark Mabunga Layan
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37 views2 pages

2ba BASIC MACRO ECONOMICS

The document outlines a series of activities designed to teach students about macroeconomics, focusing on national income accounting, fiscal and monetary policy, international trade, and economic development. Each activity involves group work, case studies, simulations, and presentations to analyze economic indicators, implement policy solutions, negotiate trade agreements, and research developing countries. The goal is to provide practical skills and a deeper understanding of macroeconomic concepts and their real-world applications.

Uploaded by

John Mark Mabunga Layan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

BASIC MACRO ECONOMICS

Activity 1: National Income Accounting Case Study Analysis

 Objective: To understand the components of NATIONAL INCOME ACCOUNTING and their


impact on economic indicators.
 Activity: You will be divided into 2 groups and assigned a real case study involving a country's
NATIONAL INCOME ACCOUNTING DATA.

 You will analyze the data, identify trends, and explain the factors contributing to
changes in GDP, inflation, unemployment, etc.
 Each group will present their findings to the class. The case study could involve
comparing two countries' economic performance or analyzing a specific economic
event's impact on a nation's income.

Activity 2: Fiscal and Monetary Policy Simulation

 Objective: To develop practical skills in applying fiscal and monetary policies to address
macroeconomic challenges.
 Activity: You will participate in a simulated economy where you act as policymakers. You will
be presented with a scenario involving economic instability (e.g., high inflation, recession).

 Working in teams, you will design and implement fiscal and monetary policies (e.g., tax
cuts, interest rate changes, government spending adjustments) to stabilize the economy.
 The simulation will use a simplified model to show the effects of their decisions on key
economic variables.

Activity 3: International Trade Negotiation Role-Playing

 Objective: To understand the complexities of international trade and the role of exchange
rates.
 Activity: You will engage in role-playing exercises simulating international trade negotiations
between two countries.

 Each group will represent a different country with specific economic interests and
constraints.
 They will negotiate trade agreements, considering factors like tariffs, quotas, exchange
rates, and comparative advantage.
 The activity will highlight the challenges and benefits of international cooperation in
trade.

Activity 4: Economic Development Project Presentation

 Objective: You analyze the factors that contribute to economic development and growth.
 Activity: Students will choose a developing country and research its economic history, current
challenges, and potential growth strategies.

 You will then develop a comprehensive project that includes an analysis of the country's economic
indicators, an evaluation of its development policies, and a proposal for future development
initiatives.

 Each group will present their project to the class, incorporating visual aids and data visualizations.

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