ERIC Number: ED235099
Record Type: RIE
Publication Date: 1980
Reference Count: 0
Two Simple Macroeconomic Simulations and the Great Depression. Instructor's Notes [and] A Student Guide [and] Basic Program.
Schenk, Robert E.
Intended for use with college students in introductory macroeconomics or American economic history courses, these two computer simulations of two basic macroeconomic models--a simple Keynesian-type model and a quantity-theory-of-money model--present largely incompatible explanations of the Great Depression. Written in Basic, the simulations are intended to help students learn the mechanics of basic macroeconomic models and to help them see that disagreement is common among economists because, often, it is hard to decide which theory best explains the facts. To successfully complete the assignments, a student must understand such concepts as the multiplier principle and the velocity of money well enough to apply them. The teacher's guide includes a discussion of the models, describes how to use the simulations, and contains discussion questions and the programs themselves. The student guide contains background information, student instructions, review questions, self tests, suggestions for further reading, and two introductory programs that allow students to test themselves to see if they are ready to proceed to the simulations. (Author/RM)
Publication Type: Guides - Classroom - Learner; Guides - Classroom - Teacher
Education Level: N/A
Audience: Teachers; Students; Practitioners
Sponsor: National Science Foundation, Washington, DC.
Authoring Institution: Saint Joseph's Coll., Rensselaer, IN.
Identifiers: Depression (Economic 1929); Keynesian Economics; Macroeconomics
Note: Basic Program may not reproduce well due to marginal legibility.