ECO 202 Week 3 Assignment Help | southern-new-hampshire-university
- southern-new-hampshire-university / ECO 202
- 24 Mar 2021
- Price: $8
- Accounting & Economics Assignment Help / Macroeconomics
ECO 202 Week 3 Assignment Help | southern-new-hampshire-university
Module Three Simulation Checkpoint Assignment
Guidelines
The Simulation Checkpoint Assignment in this course directly
supports your success on the course project. You will play the simulation game,
create the image file of your simulation report, and discuss learned concepts
and experiences in your submission.
Prompt
For this assignment, you will play the first run of the
Macroeconomics Simulation: Econland from Harvard Business Review, in which you
will act as policy adviser for the fictional country of Econland. Select the
“Base Case” scenario for this practice run. You may play the simulation as many
times as you like. This will directly support your success in your course
project, due in Module Eight.
In your submission, remember to include the image of your
simulation report. For help with this, see How to Submit an Image File of Your Report. Then, reflect on the decisions you made in the
simulation and address the following government intervention
options in your submission:
- Macroeconomic
Indicators:
During the simulation, you made decisions concerning government spending.
Discuss the impact of your decisions on key macroeconomic
indicators such as real GDP growth and unemployment. Refer
to the graphs “Real GDP Growth” and “Unemployment Rate” from your
simulation results to illustrate the impact.
- Interest
Rates:
Describe how your changes in interest rates impacted
inflation and other key macroeconomic indicators used in the simulation.
Refer to the “Inflation Rate” graph from your simulation results.
- Submit your assignment as a
1- to 2-page Word document. Use the Introduction section of the Final Project Template