For this discussion, you will play the first run of the Macroeconomics Simulation: Econland (from Harvard Business Review), in which you will act

For this discussion, you will play the first run of the Macroeconomics Simulation: Econland (from Harvard Business Review), in which you will act

This section serves as a checkpoint to prepare you for your course project. As part of your initial post, download the Project Template and complete at least the Introduction section.

For this discussion, you will play the first run of the Macroeconomics Simulation: Econland (from Harvard Business Review), in which you will act as the chief economic policy advisor 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 initial post, include an image of your simulation report. (See Module Three Simulation Discussion Screenshot Instructions.) Then address the following:

  • Share your experience in the simulation. Do you think you made sound policy decisions? Were you reappointed at the end of the simulation?
  • During the simulation, you made decisions concerning government spending. How did your decisions impact 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.
  • How did your changes to the interest rates impact inflation and other key macroeconomic indicators used in the simulation? Refer to the “Inflation Rate” graph from your simulation results.

In your responses, comment on at least two of your peers’ posts. Compare and contrast your simulation experience and outcomes. Did your and your peers’ policy decisions have their intended effects? How did the simulation reveal or contradict your prior assumptions about macroeconomics?

To complete this assignment, review the Module Three Simulation Discussion Guidelines and Rubric.

This is from my stimulation that I did and I have it attached.

I will also need two responses done on classmates. I will extend the time for them because I have to post my initial post first before I can see who has done there discussion to be able to respond to.

Overview

Your active participation in the discussions is essential to your overall success this term. The simulation discussions in this course allow you to share your experiences playing simulation games related to the final project simulation. These discussions give you a chance to express your thoughts, ask questions, and gain insights from your peers and instructor.

Directions

Create one initial post and follow up with at least two response posts.

For your initial post, you must do the following:

  • Create a post that addresses the discussion prompt.
  • Attach a screenshot of your simulation report.
  • Complete your initial post by Thursday at 11:59 p.m. of your local time zone.
  • Use proper citation methods for your discipline when referencing scholarly or popular sources.

For your two response posts, you must do the following:

  • Reply to at least two classmates outside of your own initial post thread.
  • Complete your responses by Sunday at 11:59 p.m. of your local time zone.
  • Follow the guidance in the discussion prompt.

Answer preview for For this discussion, you will play the first run of the Macroeconomics Simulation: Econland (from Harvard Business Review), in which you will act

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