ECO203 Principles of Macroeconomics
During Week 2 or earlier, the instructor assigns students to one of two groups: the classical school (including its later development such as monetarism, Austrian economics, supply-side economics, new classical economics) and the Keynesian school (including its later development, new Keynesian economics). Then, the two groups (or four to include two classical groups and two Keynesian groups, depending on the number of students with about seven or eight students per group) discuss classical economics and Keynesian economics, defending their school and criticizing the other school’s theories and practices. In your responses,
- Compare and contrast classical economics and Keynesian economics. What are the major differences between them?
- Which model would you prefer? You may already prefer one because you are defending your school. Thoroughly explain your reasoning.
- As a classical economist or a Keynesian economist, what would you do for the current U.S. economy?
Wk 4 Discussion
The ability to form a team, communicate in a team, and resolve conflicts in a team are all valuable skills for anyone in the modern workplace. However, having these skills alone does not automatically ensure team success. Having a mission focus and fostering collaboration are critical components to team effectiveness. Managing team resources will be the focus of our discussion this week.
For this week’s discussion, consider the learning activities you’ve completed and your own experience within a team.
Respond to the following in a minimum of 175 words:
- What are the most valuable resources within a team?
- Who do you feel should be responsible for determining how team resources are used?
- How can changes to the availability of resources affect team dynamics?
What are the most important project management and planning skills needed to keep a team on track toward its goals? How would you rate your level of proficiency with these skills?