Teaching the economic cycle

Problem

økonomisk-kredsløbEconomics is hard for many of my students who also struggle with math, because they think it is about math. Teaching economic connections and theory on my level has very little math but requires methodical logical thinking. One of the quite simple things that I need to teach them is how the economy is connected. That doing something in one part of the economy has ripple effects in the rest of the economy.

Solution

Using drawings and down to earth examples to explain complex society wide problems and connects. I always have the student draw along when I do this lesson and have them do small 3-4 min exercises in between me talking. All the examples I use are on a macroeconomic level but with connects to the macroeconomy level.

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