How does the economy work?

Earners of this badge participated in the Employment Lab training session on how does the economy work as part of the DARE - Day One Alliance for Employability project. The aim of this training session was to understand definitions and processes in the economy.
 
This badge is the digitally verified micro-credential that you got to know the following:
Understand what is meant by value creation.
Know and be able to explain the difference between nominal and real magnitudes.
Name the typical phases of the economic cycle and their characteristics.
Explain the significance of investments and productivity increases for economic growth.
﻿
The project is funded by Iceland, Liechtenstein and Norway through the EEA and Norway Grants Fund for Youth Employment.

Tasks

Task no.1

Issued by organiser or scanning QR code

Complete training session activities.

Activities

How does the economy work?

Entrepreneurship Lab Learning Pathway

Organiser

NGO Creativitas

Badgecraft hosts this platform and develops it together with leading educational organisations. The European Union's programme Erasmus+ granted co-funding for building the first version of this platform. Contact support@badgecraft.eu.