Russia is suffering greatly, in part, due to the falling oil prices as the Ruble's value has been dropping precipitously. Fifty percent of Russia's government's revenue comes from oil. Above you can listen to the first two minutes of the talk from the Economist and here is a great article from the NYTimes which looks at several things taught in macroeconomics including selling of government assets abroad and raising the interest rate. This is an article that I can use for both my economics' classes as well as comparative government.
This is a webpage written by high school teachers for those who teach US and comparative government and want to find online content as well as technology that you can use in the classroom.
Tuesday, December 16, 2014
Macroeconomics and Russia
Russia is suffering greatly, in part, due to the falling oil prices as the Ruble's value has been dropping precipitously. Fifty percent of Russia's government's revenue comes from oil. Above you can listen to the first two minutes of the talk from the Economist and here is a great article from the NYTimes which looks at several things taught in macroeconomics including selling of government assets abroad and raising the interest rate. This is an article that I can use for both my economics' classes as well as comparative government.
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