You have just completed your seven-year term as the chief economic policy advisor for Econland (the nation you have been helping to manage). Now, you are expected to write a report for the new administration. In this report, you will summarize

Posted: February 20, 2026/Under: Uncategorized/By: Okoth

ECO 202 Project Guidelines and Rubric 

Competencies 

In this project, you will demonstrate your mastery of the following competencies: 

Analyze macroeconomic indicators of the economy to inform economic decisions 

Determine the economic impact of historical and current events using models of macroeconomics 

Assess how changes to macroeconomic policies impact the economy 

Scenario 

You have just completed your seven-year term as the chief economic policy advisor for Econland (the nation you have been helping to manage). Now, you are expected to write a report for the new administration. In this report, you will summarize the macroeconomic indicators that informed the policy decisions you made and explain the economic outcomes for Econland. The purpose of this report is to share the lessons you’ve learned over your term and promote sound macroeconomic decision making moving forward. 

First, assemble the materials that you will need to complete this assignment: 

1. Access the Macroeconomics Simulation: Econland from Harvard Business Publishing and select either the Rollercoaster or Stagnation scenario. Once you have completed the final year of your seven-year term, view the final reports under the Dashboard and Reports tabs at the top of the webpage. You will use these charts, graphs, and other visualizations from your report in the indicated areas of the template (for example, Table 1). Contact your instructor if you have any questions about accessing these resources. 2. Review and use the Project Template document located in the What to Submit section. 

Your report’s cover page, Table of Contents, and “Introduction” section should remain standard in all submissions except where indicated in the template. Read the brief “Introduction” section, which describes the purpose and structure of the deliverable, and add the high-level descriptions where prompted. 

There are placeholders in the template for your data visualizations (for example, charts, graphs, and tables). They provide a rough approximation of where the visualizations should be placed. Replace these placeholders with the appropriate images in each case. To create an isolated image from the simulation data, use a snipping tool or other image-editing software to copy and paste your data visualizations into the template. See the tutorials in the Supporting Materials section for more information. Reference any source material in your report with appropriate citations. A references page has been added to the project template with the citation for the textbook. Any additional references should also be cited according to APA format. 

Directions 

Once you have assembled the required materials listed above, draft your economic analysis report by completing the following steps: 

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2/16/26, 4:13 PM Assignment Information 

1. The first section of your report is the introduction. Add information related to your term as the chief economic policy advisor for the nation of Econland. Follow the instructions in the template, including adding Table 3 from your simulation report to the indicated area of the template (Table 1). Then, add a two- to three-sentence summary of your scenario and your overall performance and approval rating. 

2. Taxation Policies: In the “Fiscal Policies: Taxation” section of your report, discuss the taxation policies of Econland for the public and your successor. Add an image of Table 1 from your simulation report to the indicated area of the template (Table 2). Then, address the following in the paragraphs below the table: 

A. Explain the macroeconomic indicators that affected your policy decisions over your 7-year term. What were the macroeconomic indicators that influenced your decision making? B. Identify the impact of your changes to the income and corporate tax rates. How were consumption and investment affected by your tax-policy decisions? Explain these dynamics using specific macroeconomic principles from the course reading. 

C. Compare and contrast the impact of your tax policy decisions with those of current or historical examples in the United States. What do these examples demonstrate about the validity of macroeconomic models? Be sure to cite your research appropriately. (See the Supporting Materials section for assistance with APA style.) 

3. Government Spending: In your report’s “Fiscal Policies: Government Expenditure” section, discuss Econland’s government spending policies for the public and your successor. Add an image of the “Real GDP Growth” and “Unemployment Rate” graphs from your simulation results and use an aggregate demand and aggregate supply (AD/AS) model to the indicated area of the template (Figures 1 and 2). Images of the AD/AS model can be found in the course textbook or any reputable online source. Then, address the following in the paragraphs below the figures: 

A. A. Explain the macroeconomic indicators that affected your decision-making regarding government expenditure and how it changed based on the macroeconomic indicators. What was the intent of your fiscal policy decisions in response to the given economic climate? 

B. Evaluate your fiscal policy decisions, including how they impacted key macroeconomic factors such as real GDP growth and unemployment. To what extent did your policies yield positive or negative outcomes? 

C. Refer to the AD/AS model to support your analysis in this section of your report. 

4. Monetary Policies: In the “Monetary Policies” section of your report, discuss the monetary policies of Econland for the public and your successor. Add an image of the “Inflation Rate” graph from your simulation report to the indicated area of the template (Figure 3). Then, address the following in the paragraphs below the figure: A. Explain how you changed the interest rate levels and how these changes impacted other macroeconomic indicators such as inflation, consumption, investments, GDP, and foreign trade. Provide specific examples to help illustrate. 

B. Compare and contrast the impact of your monetary policies with those of current or historical examples in the United States. What do these examples demonstrate about the validity of macroeconomic models? Be sure to cite your research appropriately. (See the Supporting Materials section for assistance with APA style.) 

5. Global Context: In the “Global Context: section of your report, expand your discussion to consider the wider global context. Analyze the impacts of openness to trade in general. Why and how are the impacts of monetary and fiscal policies different in a closed economy versus an open economy? Support your claims with specific details from the course reading. 6. Conclusions: In the “Conclusions” section of your report, draw your overall conclusions about the relevance and significance of macroeconomics for the public and your successor. 

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2/16/26, 4:13 PM Assignment Information 

A. Assess the effectiveness of your economic policy decisions. Did your economic policy decisions produce the anticipated results? Did your macroeconomic principles and models behave how you expected? Provide specific examples to illustrate. 

B. Evaluate how consumer confidence might have impacted the outcomes of your policy decisions for the economy of Econland. Why is consumer confidence a relevant factor for making informed macroeconomic decisions? 

7. Cite your sources according to APA format. 

What to Submit 

To complete this project, you must submit the following: 

Economic Summary Report: Project Template 

Use this template to create and submit your economic summary report for grading. It should outline the key principles and takeaways of your Econland simulation for your successor. Sources should be cited according to APA style. 

Supporting Materials 

The following resources support your work on the project: 

Video: How to Use Snipping Tool (Beginners Guide) (5:23) 

PC users can use this tutorial to learn how to snip, copy, and paste your data visualizations into the project template. 

A captioned version of this video is available: ECO-201: How to Use Snipping Tool Beginners Guide (CC). 

Resource: Is There a Snipping Tool for Mac? Four Best Snipping Tools 

Mac users can use this tutorial to help snip, copy, and paste your data visualizations into your project template. 

Resource: APA Style: Basics 

Use this resource to support your in-line citations and full references in the “References” section of your project template. 

Resource: Board of Governors of the Federal Reserve System 

Use this resource to support your research for the U.S. Comparisons portions of the “Fiscal Policy: Taxation” and “Monetary Policies” sections of your report. 

Resource: Budget and Economic Data 

Use this Congressional Budget Office resource to support your research for the U.S. Comparisons portions of the “Fiscal Policy: Taxation” and “Monetary Policies” sections of your report. https://learn.snhu.edu/d2l/le/content/2138860/viewContent/47271968/View 3/6

2/16/26, 4:13 PM Assignment Information 

Project Rubric 

Criteria 

Exceeds Expectations (100%) 

Meets Expectations (85%) 

Partially Meets Expectations (55%)

Does Not Meet Expectations (0%) 

Value

Taxation Policies: Decisions 

Exceeds expectations in an exceptionally clear, insightful, or sophisticated manner

Explains the macroeconomic indicators that affected the policy decisions, and provides specific macroeconomic 

indicators that influenced the decision making

Shows progress toward 

meeting expectations, but with errors or omissions; areas for improvement may include providing specific 

macroeconomic principles or models

Does not attempt criterion 

8

Taxation Policies: Impacts 

Exceeds expectations in an exceptionally clear, insightful, or sophisticated manner

Identifies the impact of 

changes to income and 

corporate tax rates, including the effects on consumption and investment, and provides specific macroeconomic 

principles to support claims

Shows progress toward 

meeting expectations, but with errors or omissions; areas for improvement may include providing specific 

macroeconomic principles to support claims

Does not attempt criterion 

9

Taxation Policies: U.S. 

Comparison

Exceeds expectations in an exceptionally clear, insightful, or sophisticated manner

Compares and contrasts the impact of Econland tax policies with current or historical 

examples in the United States, and includes discussion about the validity of the underlying macroeconomic models

Shows progress toward 

meeting expectations, but with errors or omissions; areas for improvement may include drawing appropriate 

conclusions about the validity of the underlying 

macroeconomic models

Does not attempt criterion 

9

Government Spending: 

Decisions

Exceeds expectations in an exceptionally clear, insightful, or sophisticated manner

Explains the macroeconomic indicators that affected the decision-making process 

regarding Econland 

government expenditure and the intent of fiscal policy 

decisions based on the 

macroeconomic indicators

Shows progress toward 

meeting expectations, but with errors or omissions; areas for improvement may include discussing the intent of the fiscal policy decisions

Does not attempt criterion 

8

https://learn.snhu.edu/d2l/le/content/2138860/viewContent/47271968/View 4/6

2/16/26, 4:13 PM Assignment Information 

Criteria 

Exceeds Expectations (100%) 

Meets Expectations (85%) 

Partially Meets Expectations (55%)

Does Not Meet Expectations (0%) 

Value

Government Spending: 

Impacts

Exceeds expectations in an exceptionally clear, insightful, or sophisticated manner

Evaluates fiscal policy 

decisions, and explains how the policies positively or negatively impacted key macroeconomic factors such as real GDP 

growth and unemployment

Shows progress toward 

meeting expectations, but with errors or omissions; areas for improvement may include discussing how the policies impacted key macroeconomic factors such as real GDP 

growth and unemployment

Does not attempt criterion 

9

Government Spending: 

AD/AS Model

Exceeds expectations in an exceptionally clear, insightful, or sophisticated manner

Refers to the AD/AS model to support analysis of fiscal policy decisions

Shows progress toward 

meeting expectations, but with errors or omissions

Does not attempt criterion 

8

Monetary Policies: Impacts 

Exceeds expectations in an exceptionally clear, insightful, or sophisticated manner

Explains how changes in 

interest rate levels impacted other macroeconomic 

indicators such as inflation, consumption, investments, GDP, and foreign trade, 

providing specific examples to help illustrate

Shows progress toward 

meeting expectations, but with errors or omissions; areas for improvement may include citing specific examples

Does not attempt criterion 

9

Monetary Policies: U.S. 

Comparison

Exceeds expectations in an exceptionally clear, insightful, or sophisticated manner

Compares and contrasts the impact of Econland’s monetary policies with those of current or historical examples in the United States, and includes discussion about the validity of the underlying macroeconomic models

Shows progress toward 

meeting expectations, but with errors or omissions; areas for improvement may include drawing appropriate 

conclusions about the validity of the underlying 

macroeconomic models

Does not attempt criterion 

9

Global Context 

Exceeds expectations in an exceptionally clear, insightful, or sophisticated manner

Analyzes the different impact of monetary and fiscal policies in a closed economy versus an open economy, and supports claims with details from the course reading

Shows progress toward 

meeting expectations, but with errors or omissions; areas for improvement may include supporting claims with details from the course reading

Does not attempt criterion 

9

https://learn.snhu.edu/d2l/le/content/2138860/viewContent/47271968/View 5/6

2/16/26, 4:13 PM Assignment Information 

Criteria 

Exceeds Expectations (100%) 

Meets Expectations (85%) 

Partially Meets Expectations (55%)

Does Not Meet Expectations (0%) 

Value

Conclusions: Principles and Model

Exceeds expectations in an exceptionally clear, insightful, or sophisticated manner

Assesses effectiveness of the economic policy decisions using specific examples to illustrate claims

Shows progress toward 

meeting expectations, but with errors or omissions; areas for improvement may include providing specific examples to illustrate claims

Does not attempt criterion 

9

Conclusions: Consumer 

Confidence

Exceeds expectations in an exceptionally clear, insightful, or sophisticated manner

Evaluates how consumer 

confidence impacted the 

outcomes of Econland policy decisions, including why 

consumer confidence is a 

relevant factor for making informed macroeconomic 

decisions

Shows progress toward 

meeting expectations, but with errors or omissions; areas for improvement may include explaining why consumer 

confidence is a relevant factor for making informed 

macroeconomic decisions

Does not attempt criterion 

9

Clear Communication 

Exceeds expectations with an intentional use of language that promotes a thorough 

understanding

Consistently and effectively communicates in an organized way to a specific audience

Shows progress toward 

meeting expectations, but communication is inconsistent or ineffective in a way that negatively impacts 

understanding

Shows no evidence of 

consistent, effective, or 

organized communication

4

Total: 

100%

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