In this session teachers will:
- Gain a robust understanding of fiscal policy, including its mechanisms and goals.
- Obtain insights into the role and impact of monetary policy in economy regulation.
- Learn to analyze the effects of these policies on critical economic indicators like inflation, unemployment, and economic growth.
- Compare and contrast different fiscal and monetary policy strategies employed across various global economies.
Join us this afternoon for an engaging journey into the world of Macroeconomics at the Winter Institute, guided by the esteemed New Jersey Master Teacher, Kathleen Brennan. This activity-based session is a deep dive into the essential concepts and real-world applications of macroeconomic principles. We’ll embark on an exploration of international trade’s dynamics, understanding how countries globally exchange goods and services. Our journey will uncover the factors fueling these exchanges, with a special focus on deciphering exchange rates – exploring their determination process and their influence on international trade dynamics.