PROJECT INSTRUCTIONS

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Do curso por IE Business School

Understanding economic policymaking

668 classificações

IE Business School

Understanding economic policymaking

668 classificações

Curso 1 de 3 em Specialization Globalization, Economic Growth and Stability

This is the first of the three courses part of the Globalization, Economic Growth and Stability Specialization. This course will employ a non-technical approach to analyze how governments use policy to influence a country's economy. Upon completing the course you should be able to discuss national debts and deficits, examine fiscal and monetary policy and their appropriateness to the situation of an economy, and anticipate the results of fiscal and monetary policies and structural reform on a country. These concepts will give you the tools to develop your own position in many current economic debates, such as fiscal stimulus vs. austerity, the merits of quantitative easing, the need for higher interest rates or the future growth path of many modern economies.

Na lição

CAPSTONE

RECAP: UNDERSTANDING ECONOMIC POLICYMAKING3:59

PROJECT INSTRUCTIONS2:47

PROJECT FEEDBACK: SPAIN 2000-20085:27

PROJECT FEEDBACK: SPAIN 2009-20168:24

CAPSTONE CONCLUSIONS1:05

Conheça os instrutores

Gayle Allard
Professor
Economics

Now you've completed the quiz on understanding economic policy making,

we're ready to move on to

this peer-reviewed exercise as part of the capstone for globalization,

economic growth, and stability.

One of my objectives in this capstone project is for

you to get your hands dirty looking at data,

not just thinking in abstract about concepts and their relationship but to

actually become familiar with some of the world's most important data sources,

to download the data,

and to look at it and to try to detect the relationships that

we've been talking about for this first part of the capstone,

the relationships we talked about in understanding economic policy making.

So in this project,

what you're going to be doing is going to

the OECD website and I give you careful instructions

in the PDF on exactly where you have to go and what indicators you need to choose.

You have a choice between looking at Spain in

the 2000 to 2008 period and looking at Spain in the 2009 to 2016 period.

In other words, you're always going to be looking at Spain but

we're going to take two contrasting periods and I'll let

you choose which one you would like to

analyze so that you can draw the conclusions from it,

they are actually very, very different periods.

So you're going to find in the PDF all the indicators you need to look for.

Be sure you look for them with the exact name that I give you

in parentheses so you're not analyzing something that you're not supposed to.

You're going to look at all of these indicators,

download them for Spain for the time period you choose,

and then you can decide whether you want to graph them,

whether you just want to eyeball them,

whether you want to do something more technical with them,

but use that data to answer the series of questions that I give you in the assignment.

Once you're finished with that,

your assignment will be peer-reviewed by another student in

this specialization and then you can listen to the feedback video to see

what I have to say about what was happening in Spain in

either the 2000 to 2008 period or the 2009 to 2016 period.

I'm narrowing this first part of the capstone project to

a specific country and period so you can get very, very specific feedback.

As we move forward towards the end of this capstone project,

you're going to be able to choose your country.

I won't know exactly what you're looking at

and so we'll have to be a little bit more general.

But we're going to start out with some baby steps and analysis,

knowing exactly which country you're looking at in which time period.

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