NOTE THAT A CUSTOM RUBRIC IS USED FOR THIS DISCUSSION. For this discussion, play your second run of theMacroeconomics Simulation: Econland(from Harvard Business Review), in which you act as a the chief economic policy advisor for the fictional country of Econland. Select either theRollercoasterorStagnationscenario option. You may play the simulation as many times as you like. This will directly support your success in your course project, due in Module Eight. In your initial post, include an image of your simulation report. (SeeModule Seven Simulation Discussion Screenshot Instructions.) Then address the following: Share your experience in the simulation. In your opinion, which policy decisions were more successful and why? Why does the simulation provide you with a global economic outlook for each year? How does an open economy versus a closed economy impact government policy decisions? Use information from the textbook or the news to support your answer. At the end of each year, the simulation highlights changes in consumer confidence. Why is the economic indicator consumer sentiment relevant for making successful policy decisions? Use news sources to support your answer. In your responses, comment on at least two posts from your peers, and compare and contrast your simulation experience and analysis. Refer to the textbook to support your decisions and your claims related to open economies and consumer confidence. To complete this assignment, review theModule Seven Simulation Discussion Guidelines and Rubric. RubricsECO 202 Module Seven Simulation Discussion Rubric
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