Om
Spillelister
Registrer deg
1

How does the economy work?

Delta
OversiktMerker

How does the economy work?

Delta

Innhold

Get ready to learn how the economy works!

During this training session you will look at the national economy, gross social and gross national product, business activity and economic growth, money and monetary value, the budget and fiscal policy.

This training session will help you to understand:
  • The term Gross Domestic Product to the country and what it is used for.
  • National Income and how it is distributed.
  • That the economy does not grow evenly and what the term economic cycle means and what possibilities the State has to influence the course of the economic cycle.

Complete the following activities:
  1. Discuss with others national GDP growth and reasons for economic growth.
  2. Learn what is investments and innovations.
  3. Form a team to work together. Discuss in the team “How does productivity increase?”. Imagine that you are entrepreneurs asking the government for measures to increase productivity.
  4. Learn what the Economic Cycle is and what are the reasons for it.
  5. Discuss with others Business Cycle Policy and its instruments.
  6. Learn about Economic Indicators (early, current and late).
  7. Complete the test exercises from the Learners manual (page 36).

This activity includes best practices of WKO (Austrian Federal Economic Chamber) provided for the project DARE - Day One Alliance for Employment that is funded by Iceland, Liechtenstein and Norway through the EEA and Norway Grants Fund for Youth Employment.

Credits:

Materiale

Last ned aktivitetsmerke

How does the economy work? Få dette merket

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.
Oppgaver
Oppgavenr.1
Utstedt av arrangør eller skanning av WR-kode
Complete training session activities.

Ferdigheter

ESCO
#self-reflection
ESCO
#self-assess
ESCO
#work in groups
ESCO
#economics
Personlig utvikling
Lagt til spilleliste (1)
Tid på å fullføre: 1 time 30 minutter
Del:

Arrangører

NGO Creativitas

Brukt i spillelister

Entrepreneurship Lab Learning Pathway
NGO Creativitas
Opprettet på Global platform for Cities of Learning
Badgecraft driver denne plattformen og utvikler den sammen med ledende utdanningsorganisasjoner. EUs Erasmus Plus-program har delfinansiert utviklingen av den første versjonen av denne plattformen. Kontakt support@badgecraft.eu.
Plattform
Endre til annet språk:
HjemProsjekterSpillelister