Fiscal Challenge: An Experiential Exercise in Policy Making
Public Deposited- Creator
-
Aguilar, Mike
- Affiliation: College of Arts and Sciences, Department of Economics
-
Soques, Daniel
- Affiliation: College of Arts and Sciences, Department of Economics
- Abstract
- In this article we introduce a pedagogical innovation that is designed to enhance our students' understanding of fiscal policy, in general, and the national debt and deficit, in particular. The innovation leverages the educational advantages offered through a competitive environment by pitting teams of students against one another with the goal of devising the best plan to put the U.S. on a sustainable fiscal path. The current incarnation of the competition, which is referred to as the Fiscal Challenge (FC), confronts the students with the specific task of stabilizing the U.S. Federal Debt to GDP ratio. This specific task may change from one competition season to the next, potentially adjusting with the economic climate and interests of the participants. The FC currently is being implemented as a nationwide, inter-university, extracurricular activity; however, it can easily be customized to fit within a traditional classroom setting.
- Date of publication
- 2015
- Keyword
- DOI
- Identifier
- Onescience ID: 3bed496642044fcfaaf68ffaf721a1584ea3e1da
- https://dx.doi.org/10.1080/00220485.2015.1040179
- Resource type
- Article
- Rights statement
- In Copyright
- Journal title
- The Journal of Economic Education
- Journal volume
- 46
- Journal issue
- 3
- Page start
- 285
- Page end
- 299
- Language
- English
- Version
- Preprint
Relations
- Parents:
- In Collection:
This work has no parents.
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