Thursday, February 12, 2015

The President's Dilemma - Macro Policy Simulation

We are spending 2 and 1/4 days on a group project called the President's Dilemma.  First off I converted the document to a word file (you need Adobe converter) and then I converted it to a Google Drive document so that I could link to all the necessary memos and readings.

It is a great way to introduce a lot of macro concepts as the dilemma sets up a situation where the US has stagflation and since there is no answer to cure all of it, the kids are going to have to think their recommendations for the president through several stages and be frustrated a solution for one problem (say inflation) might hurt unemployment.  

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