One key learning strategy in this course involves analyzing real-world economic scenarios and applying macroeconomic principles to understand outcomes. Scenario 1 allows you to evaluate the concepts of Opportunity Cost, Comparative Advantage and Trade.
To connect our learning around these scenarios, I have created this discussion topic for us to share key takeaways and insights. For the scenario 1 assignment, please share at least ONE entry reflecting on either:
(1) The most significant principle, concept, or insight you learned
OR
(2) A related principle you have questions or confusion about
This could pertain to something that surprised you, seemed highly important, or intersects with current events.
Participation Guidelines:
- To receive full credit, you must make at least 2 entries total between initial posts and replying to peers.
- Aim for 1 short paragraph (3-4 sentences) per initial post and for 1 or 2 sentences when replying.
- Please build off each other’s comments, share connections across concepts, and raise clarifying questions.
The goal is to contribute regularly in a digestible way that fosters ongoing, lively discussion and community, rather than lengthy research posts. Please build on each other’s comments, make connections across concepts, and raise clarifying questions. Please do NOT share any confidential scenario details/answers, as those must remain internal.