Economics Question

Step 1: In-Class AI + Peer Workshop (Preparation Stage)

Purpose: Use AI as a research tool and practice critiquing its output before writing your paper.

Workshop Activities

1. Choose a Country
   Select one country from the list: Argentina, Brazil, China, Chile, Colombia, Egypt, Ghana, India, Haiti, Kazakhstan, Kenya, Lebanon, Malaysia, Mexico, Nepal, Peru, South Africa, Thailand, Venezuela, Turkey.
2. Use AI to Research
   • Ask AI to find recent news articles on your countrys GDP, inflation, unemployment, and one current economic crisis.
   • Have AI summarize the key findings.
   • Save the article links and AI outputs.
3. Critique the AI Output
   • Did AI accurately reflect the article?
   • What details were missing, biased, or inaccurate?
   • How would you improve the response?
4. Peer Exchange
   • Share one article each with a classmate.
   • Compare AI summaries with your peers reading.
   • Discuss: Where did AI help? Where did it fail? What insights came from your peer?
5. Workshop Notes
   • Record what you learned from AI, what you learned from your peer, and how this affects your analysis.
   • These notes will later become your Workshop Reflection section in your paper.

Step 2: Paper Assignment (Submission After Workshop)

Paper Requirements

• Length: 34 pages (not including references).
• Format: Typed, double-spaced, 12-point Times New Roman, 1 margins, APA (or university-required format).
• Sources: At least four reputable news articles (e.g., Wall Street Journal, Washington Post, New York Times, Economist).

Content Guidelines

GDP Analysis

• What did you learn from the article?
• What is the GDP growth rate?
• What does this rate mean to you?
• How many years to double GDP at this rate?
• Is the growth sufficient for catching up to developed countries? Why or why not?

Inflation Analysis

• What did you learn from the article?
• What is the inflation rate?
• What does this rate mean to you?
• Compare to U.S. inflation rate.
• If high, what are the costs of inflation? Give an example.

Unemployment Analysis

• What did you learn from the article?
• What is the unemployment rate?
• What does this rate mean to you?

Economic Crisis and Policies

• What caused the crisis? Consequences?
• Which macro variables declined/increased?
• Which curve shifted (AD or AS)? In which direction?
• Which policy tools were used? Were they effective? Why or why not?

Required Reflection Section (1 page at the end of paper)

Include your Workshop Reflection:

• How did AI help your research?
• What limitations did you find in AI?
• What insights did you gain from your peer?
• How did the workshop change your approach to writing this paper?

Deliverables

Paper Submission (34 pages) including:

• Analysis (GDP, inflation, unemployment, crisis/policies).
• Reference page.
• Workshop Reflection section at the end.

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