Introduction to principles of macroeconomics/E-activity-start

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Challenge summary
Summary: Overarching Principles of Management
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1 - 2 hours
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Need to decide if e-Tivities will be linked to assessment

Digging deeper the basic principles of macroeconomics.



Start here

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Stimulus resources
  1. Re-watch the supply and demand video.
  2. Re-read the required readings about supply and demand. Pay particular attention to the content on supply and demand as it relates to oil and coffee prices.
  3. Re-read the key terms reading.



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Purpose

Now we'll take a closer look at some of the principles of macroeconomics. The idea is that you get to tie together some of the threads from the content you have looked at early in this module. The purpose of this learning challenge is to:

  • Demonstrate your knowledge about supply and demand.
  • Make you think about how they are linked to the goals of macroeconomics.
  • Demonstrate your ability to apply this knowledge.