Activity 01
Simulation Game: Stakeholder Tariff Debate
Assign roles to small groups: government, local manufacturer, importer, consumer. Provide data on a proposed tariff; groups prepare arguments and negotiate an outcome. Conclude with a class vote and impact calculation using spreadsheets.
Analyze the trade-offs created by protectionist policies for local manufacturing industries.
Facilitation TipDuring the Stakeholder Tariff Debate, assign each student a role card with income, costs, and stakeholder goals to anchor calculations and prevent vague statements.
What to look forPose the question: 'Imagine Australia imposes a 20% tariff on imported smartphones. Who benefits from this policy, and who pays more? Discuss the potential consequences for Australian technology companies and consumers, referencing specific brands or types of phones.'