Cracking the Code of Macroeconomics
Macroeconomics
How Economies Work
Final project
Students are expected to be able to analyze how economies work. The final project will not only apply what they have learned in the real-world issues but also motivate them to learn continuously by solving hands-on problems.
The project will be based on a presentation that needs to have a thorough background research and investigation, and needs to showcase that students have understood all previous classes and materials studied in class, prove the analytical skills of the student and the ability to back up with arguments and logic all business related aspects and assumptions. The teams are encouraged to think creatively about how economies work.
OBJECTIVE
Many of the fundamental theories studied should provide a guide for informed citizens and public policy makers. Unfortunately, public policy often rests on normative beliefs and “common sense” judgements, which turn out to be incorrect.
THE PODCAST
The podcast planet money provides explanations of complex economic theories using language that is accessible to non-economists. Your task for this project is to create your own planet money style podcast explaining the macro economy. This podcast should be approximately 5 minutes in length.