Workshop on Microeconomics and Macroeconomics

Welcome to the WebQuest Workshop on Microeconomics and Macroeconomics! In this workshop, you will learn how to create an engaging inquiry-based activity for your students using online educational resources. Microeconomics and macroeconomics are fundamental areas of study in economics that explore individual economic behavior and broader economic systems. By the end of this workshop, you will be able to design a WebQuest that challenges students to explore these concepts through interactive online activities.

Your task is to develop a WebQuest that guides students through an exploration of microeconomics and macroeconomics. The desired end product is for students to demonstrate their understanding of key economic principles and their ability to apply these concepts to real-world scenarios. Students will engage in research, analysis, and synthesis of information gathered from various internet resources to complete the WebQuest activities.

Process

1. Define Learning Objectives: Identify specific learning objectives related to microeconomics and macroeconomics that students should achieve through the WebQuest.

2. Select a Scenario: Develop a scenario or problem related to economic decision-making or economic policies that students will investigate during the WebQuest.

3. Task Description: Clearly outline the tasks students need to complete. Examples include analyzing case studies, creating economic models, or evaluating economic policies.

4. Identify Resources: Provide a list of internet resources, such as websites, articles, simulations, and videos, that students will use to gather information and data for their tasks.

5. Organize Steps: Structure the WebQuest into sequential steps or activities that guide students through the inquiry process. Include instructions for each step and how they connect to the overall learning goals.

6. Create Evaluation Criteria: Develop a rubric that outlines the criteria for assessing student performance. Include criteria related to content accuracy, depth of analysis, critical thinking, and presentation quality.

Rubric:

• Content Knowledge (Accuracy and depth of understanding): 30 points
• Critical Thinking (Analysis and synthesis of economic concepts): 30 points
• Communication (Clarity and coherence of presentation): 20 points
• Collaboration (Effort and contribution in group tasks, if applicable): 10 points
• Presentation (Quality of final product): 10 points

In conclusion, this workshop has equipped you with the knowledge and skills necessary to design an effective WebQuest for teaching microeconomics and macroeconomics. By leveraging online resources, students can engage deeply with economic concepts and develop critical thinking skills essential for understanding real-world economic issues. Reflect on your experience in creating the WebQuest and consider how you can further enhance student learning through inquiry-based activities in economics.

This outline provides a structured approach to developing a WebQuest workshop focused on microeconomics and macroeconomics, emphasizing inquiry-based learning and the effective use of online educational resources.

Resources

• Websites:

  • Khan Academy - Economics section (https://www.khanacademy.org/economics-finance-domain)
  • Investopedia - Economics Basics (https://www.investopedia.com/university/economics/)
  • Federal Reserve Education - Resources for Educators (https://www.federalreserveeducation.org/)

• Text Resources:

  • Principles of Microeconomics textbook excerpts
  • Macroeconomics: Understanding the Global Economy by David Miles et al.

Christina Fe Q. Padirayon

BS Economics 2013

Master of Business Administration, 2018