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Economic Strategies to Manage the Crisis: Austerity or Government Investment Programmes?

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  1. Overview
  2. Background information
    10 Topics
  3. Endnotes
  4. Glossary
  5. References
  6. Interactive learning
    Deepen your knowledge
    1 Topic
    |
    1 Quiz
  7. Training material
    Exercises for group activities
    6 Topics
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Quiz Follow up. 

This activity may be used as a follow- up to the quiz activity as an in-class activity or given as homework. 

Aims

  • To extend the learning from the quiz activity
  • To help students to understand how macroeconomic variables operate in the real economy.

Steps:

  1. During the answers review, the teacher records the correct ones on the board.
  2. Each quiz group chooses a model and a policy to defend as the best one to solve economic imbalances. Students may be allowed to have the learning material (the table) with them for orientation. 
  3. Invite students to discuss them in their groups, including discussion of assumptions and impacts.
  4. Invite each group to present their argument to the wider group. Departing from an overview of each model, they should explain how they understand how the fiscal and monetary policies of that model affect the real economy and how each model predicts their impact.

Source and Responsibility

This platform is co-funded by the European Union’s Erasmus+ programme for Adult Education.

The European Commission’s support for the production of this learning platform does not constitute an endorsement of the contents, which reflect the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.

 

Amazing to study such a diversity of topics and various perspectives on economics!
Mary McLain
Mary McLainStudent, Ireland
An ambitious project. Sometimes long texts, but well structured and highly enriching. Feel the sense of such a platform.
Mirko Singer
Mirko SingerTrainer, Germany
International, European insights from the authors of seven countries make this platform unique!
Mariana Bonzaro
Mariana BonzaroAdult Educator, Spain
Great to bring daily live perspectives together with the bigger horizon of society and economy as a whole. Helps really to better understand what occurs around me.
John Miller
John MillerStudent, Poland

Se permite la redistribución de este trabajo y su contenido como Recurso Educativo Abierto (REA). Por favor, cite como sigue: "Fresh Up Economics. Towards Economic Literacy in Europe" por el equipo del proyecto Fresh Up, CC BY-SA 4.0 resh Up Economics. Towards Economic Literacy in Europe" by Fresh Up project team, CC BY-SA 4.0

weltgewandt. Institut für interkulturelle politische Bildung e.V., Flämingstr. 122, 12689 Berlin, Germany, e-mail: info@weltgewandt-ev.de, www.weltgewandt-ev.de

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