Case Studies: Fundamentals of Macroeconomics

Product’s Aim(s)

To support students in developing a deeper understanding of macroeconomic principles while simultaneously building core competencies like critical thinking, effective communication, and self-directed learning through real-world application.

Description

Case Studies: Fundamentals of Macroeconomics is a collection of seven expertly designed scenarios that combine macroeconomic theory with practical business and policy challenges. Created as part of the OMNI-BEAST project, these case studies help students not only grasp complex economic models—such as the IS-LM, Phillips Curve, and AD-AS—but also develop essential 21st-century skills like critical thinking, presentation, and reflective learning.

Each case encourages students to analyze economic data, make decisions using real-world models, and present their findings—helping them connect theory with practice while improving employability and academic engagement.

Use Cases

• Macroeconomics courses looking to replace traditional lectures with active learning
• Capstone projects or mid-term activities in economics and business degrees
• Workshops on decision-making, economic forecasting, or policy analysis
• Blended learning modules for flipped classrooms or online university programs
• Skills development programs focused on employability and 21st-century competencies

Product Elements

7 practical case studies covering key macroeconomic topics:

• Data decomposition for political decisions
• Economic growth strategies in the green energy sector
• Keynesian multiplier and marginal propensity to consume
• IS-LM and AD-AS models for corporate strategy
• Beveridge Curve and labor market efficiency
• Phillips Curve applications in multinational companies

Integrated skill-building tasks focusing on:

• Writing and reflection (“learning to learn”)
• Group presentations and communication
• Data analysis and strategic decision-making