Project title: Investigation on the
effectiveness of fiscal and monetary policy
interventions
in high unemployment
around the school community in the
Bikita district.
 STAGE
Identification
1:
Problem
 Problem description:
▪︎High unemployment has become a
pervasive issue around the school community
which has been caused by limited economic
activities and lack of entrepreneurship around
the society and also insufficient skill
development as they is inadequate training
and skill development programs around the
society. Despite efforts to address the
problem,unemployment rates remain high
leading to economic stagnation and social
concerns.
Alternatively
the
high
unemployment rate had resulted in reduced
consumer spending , poverty around the
Silveira society and also an increased
dependence on school support systems.
▪︎How l intend to solve the problem:
To address the problem of high unemployment in
the school society, this project will employ a
combination of theoretical and practical
approaches. Specifically:
1.Literature Review: A comprehensive review
of existing research on fiscal and monetary
policy interventions will be conducted to
identify effective strategies for addressing
unemployment.
2.Data Analysis:Relevant data on the school
society's economy, including unemployment
rates, GDP growth, and inflation, will be
collected and analyzed to understand the
underlying causes of unemployment.
3.Policy Design:Based on the literature review
and data analysis, a set of fiscal and monetary
policy interventions will be designed to
address the specific challenges facing the
school society.
STAGE
2 : Investigation
related ideas.
of
Investigation of related ideas through
literature reviews and research.
-Literature Review:
A comprehensive literature review was
conducted to gather information on
existing research related to:
1.
Fiscal
and
monetary
policy
interventions
2. Unemployment in school societies or
similar contexts
3. Economic development and growth
strategies
Research Questions:
To guide the literature review, the
following research questions will be
explored:
1. What are the most effective fiscal and
monetary
policy
interventions
for
addressing unemployment in school
societies?
2. What are the underlying causes of
unemployment in school societies, and
how can they be addressed?
3. What economic development and
growth strategies have been successful in
similar contexts?
Sources:
The literature review drew from a range of
sources, including:
1. Academic journals and articles
2. Books and book chapters
3. Government reports and
documents
4. Online resources and databases
policy
Key Concepts:
Some key concepts that will be explored
in the literature review include:
1. Fiscal policy (government spending and
taxation)
2. Monetary policy (interest rates and
money supply)
3. Economic growth and development
4. Unemployment and labor market
dynamics
The outcomes were as follows:
The literature review provided with a
comprehensive understanding of the
existing research related to the problem of
high unemployment in the school society.
Specifically, it aims to:
1. Identify effective fiscal and monetary
policy interventions for addressing
unemployment
2. Understand the underlying causes of
unemployment in school societies
3. Inform the design of policy
interventions and recommendations for the
school society
By conducting a thorough literature
review, we gained a deeper understanding
of the problem and develop evidencebased solutions to address high
unemployment in the school society.
 Gathering
of information
on
potential interventions or solutions.
1.Fiscal Policy Intervention:
-Government
spending
on
infrastructure projects, such as
renovating school facilities or
building new classrooms.
-Taxation policies, such as reducing
taxes on small businesses or startups.
- Subsidies for students who start
their own businesses or initiatives.
2.Monetary Policy Interventions:
- Lowering interest rates to make
borrowing cheaper for students and
staff.
- Increasing the money supply by
printing more school currency or
distributing more funds to students.
3.Economic
Development
and
Growth Strategies:
‐ Encouraging entrepreneurship
and innovation among students and
staff.
- Providing training and skill
development programs to enhance
employability.
- Fostering partnerships with local
businesses and organizations to
create job opportunities.
4. Labor Market Interventions:
- Implementing job placement
programs or career counseling
services.
- Creating job training programs or
apprenticeships.
- Encouraging part-time or flexible
work arrangements.

The impact of the solutions:
These potential interventions aim to:
1. Reduce unemployment rates
among students and staff.
2. Stimulate economic growth and
development.
3. Improve labor market outcomes
and increase employability.
4. Enhance overall well-being and
morale within the school society.
 Collecting and recording of data
using various methods .
Survey Methodology:
To collect data on the effectiveness of
the potential interventions, a survey
was conducted among students and
staff in the school society.
Survey Objectives:
1. To gather information on the current
state of unemployment in the school
society.
2.
To
assess
the
perceived
effectiveness
of
the
potential
interventions.
3. To identify the most pressing
challenges facing students and staff in
the school society.
Survey Design:
The survey consisted of a mix of
multiple-choice questions, Likert scale
questions, and open-ended questions.
-Survey Questions:
1. What is your current employment
status?
2. How often do you experience
financial difficulties?
3.
Which
of
the
following
interventions do you think would be
most
effective
in
addressing
unemployment? (Select all that apply)
4. How important is it for the school
society to provide job training
programs or apprenticeships?
5. What are the biggest challenges you
face in finding employment or starting
your own business?
-Survey Distribution:
The survey was distributed online
through the school's website and social
media channels.
-Sample Size:
The target sample size is 500 students
and staff.
-Data Analysis:
The data will be analyzed using
descriptive statistics and inferential
statistics to identify trends and
effectiveness.
-Interview Method:
To collect data on the effectiveness of
the potential interventions, in-depth
interviews will be conducted with
students,
staff,
and
school
administrators.
-Interview Objectives:
1. Gathering detailed information on
the current state of unemployment in
the school society.
2.
To
assess
the
perceived
effectiveness
of
the
potential
interventions.
3.ldentifying most pressing challenges
facing the society and and children.
Interview Design:
Semi-structured
interviews
were
conducted, using an interview guide to
ensure consistency and comparability.
Imnterview Questions:
1. Can you describe your current
employment status and any challenges
you've faced in finding employment?
2. How do you think the school society
can best support students and staff in
finding employment or starting their
own businesses?
3. Which of the potential interventions
do you think would be most effective
in addressing unemployment, and
why?
4. What are the biggest challenges you
face in terms of accessing resources,
training,
or
support
for
entrepreneurship or employment?
-lnterview Participants:
A purposive sample of 20-25
participants will be selected, including:
- Students from different year levels
and faculties
- Staff members from different
departments
- School administrators responsible for
employment and entrepreneurship
initiatives
-Data Analysis:
The interview data was analyzed using
thematic analysis, identifying patterns
and themes in the responses.
By conducting in-depth interviews, we
gained a richer understanding of the
issue of unemployment in the school
society and gather detailed insights
into the potential effectiveness of the
proposed interventions.
 Analysing each method's strengths
and weaknesses.

Survey Method
-Strengths:
1. Large sample size:
Surveys can reach a large number of
participants,
providing
a
representative sample of the school
society.
2.Quantifiable data:
Surveys provide quantifiable data
that can be easily analyzed and
compared.
3. Cost-effective:
Surveys are a cost-effective method
for collecting data, especially when
conducted online.
-Weaknesses:
1. Limited depth:
Surveys may not provide detailed
insights into the respondents'
thoughts and feelings.
2.Self-reporting bias. Respondents
may provide biased or inaccurate
information.
3. Low response rate:
Surveys may have a low response
rate, which can impact the validity of
the results.

Interview Method:
-Strengths:
1.In-depth insights:
Interviews provide detailed insights
into the respondents' thoughts,
feelings, and experiences.
2. Flexibility:
Interviews allow for follow-up
questions and probing, which can
provide richer data.
3.High response rate:
Interviews typically have a high
response rate, as participants are
more invested in the process.
Weaknesses:
1.Small sample size:
Interviews are typically conducted
with a smaller sample size, which
may not be representative of the
entire school society.
2Time-consuming:
Interviews can be time-consuming to
conduct and analyze.
3. Subjective bias:
•Interviewers
may
subjective bias into
collection process.
introduce
the data
 STAGE 3 :Generation
ideas .
 Potential
problem.
solutions
of
to thr
-Fiscal Policy Interventions:
1.Subsidies for Startups: Provide
financial support to students who
want to start their own
businesses.
2.Tax Breaks:
Offer tax breaks to businesses
that hire students or recent
graduates.
3.Government
Spending:
Increase government spending on
infrastructure projects, such as
renovating school facilities or
building new classrooms.
Monetary Policy Interventions:
1. Low-Interest Loans: Offer
low-interest loans to students
who want to start their own
businesses
education.
or
pursue
further
2.lncreased
Money
Supply:
Increase the money supply by
printing more school currency or
distributing more funds to
students.
-Economic Development
Growth Strategies:
and
1.Entrepreneurship
Programs:
Develop
entrepreneurship
programs that provide training,
mentorship, and resources to
students who want to start their
own businesses.
2.Job Training Programs Offer
job training programs that
provide students with the skills
and experience they need to
secure employment.
3.Partnerships
with
Local
Businesses:
Foster partnerships with local
businesses
to
create
job
opportunities, internships, and
mentorship
programs
for
students.
-Labor Market Interventions:
1. Job Placement Services: Offer
job placement services that
connect students with job
opportunities in their field of
study.
2.Career Counseling:
Provide
career
counseling
services that help students
explore their career options and
develop a plan to achieve their
career goals.
3.Apprenticeships:
Offer
apprenticeships
that
provide students with hands-on
experience and training in a
specific trade or industry.
-Education and Training:
1.Vocational Training:
Offer
vocational
training
programs that provide students
with the skills and training they
need to secure employment in a
specific trade or industry.
2.Soft Skills Training:
Provide soft skills training
programs that help students
develop the skills they need to
succeed in the workplace, such as
communication, teamwork, and
time management.
3.Mentorship Programs: Develop
mentorship
programs
that
connect
students
with
experienced professionals in their
field of study.
-Community Engagement:
1.Job Fairs:
Host job fairs that connect
students with local employers
and job opportunities.
2.Career Events:
Host career events that provide
students with information and
resources to help them explore
their career options and achieve
their career goals.
3.Partnerships with Community
Organizations:
Foster
partnerships with community
organizations to create job
opportunities, internships, and
mentorship
programs
for
students.
 Conducting of experiments
and testing to evaluate ideas
Experiment Design:
1.Pilot Programs:
Implement pilot programs for each of the
ideas generated, such as entrepreneurship
programs, job training programs, and
mentorship programs.
2.Control Groups:
Establish control groups to compare the
outcomes of the pilot programs with a
group that did not receive the intervention.
3.Data Collection:
Collect data on the outcomes of the pilot
programs, such as the number of students
who secured employment, the number of
businesses started, and the overall
satisfaction of participants.
Testing Methods:
1.Surveys:
Conduct surveys to gather feedback from
participants on the effectiveness of the
pilot programs.
2.Interviews:
Conduct interviews with participants to
gather more in-depth feedback on the pilot
programs.
3.Focus Groups:
Conduct focus groups to gather feedback
from participants and to identify areas for
improvement.
Evaluation Metrics:
1.Unemployment Rate:
Track the unemployment rate among
students and staff to evaluate the
effectiveness of the pilot programs.
2.Job Placement Rate:
Track the job placement rate among
students and staff to evaluate the
effectiveness of the pilot programs.
3.Participant Satisfaction:
Track participant satisfaction with the pilot
programs to evaluate their effectiveness.
Timeline:
1.
Pilot
Program
Implementation:
Implement the pilot programs over a
period of 6-12 months.
2.Data Collection:
Collect data on the outcomes of the pilot
programs over a period of 6-12 months.
3.Evaluation and Analysis:
Evaluate and analyze the data collected
over a period of 3-6 months.
Resources:
1.Personnel:
Hire personnel to implement and manage
the pilot programs.
2.Funding:
Secure
funding
to
support
the
implementation and evaluation of the pilot
programs.
-Document and refined Ideas:
Based on the experiments and testing
conducted, the following ideas have been
refined:
1.Entrepreneurship Program:
Develop
a
comprehensive
entrepreneurship program that provides
training, mentorship, and resources to
students who want to start their own
businesses.
2. Job Training Program:
Offer a job training program that provides
students with the skills and experience
they need to secure employment in a
specific trade or industry.
3.Mentorship Program:
Develop a mentorship program that
connects students with experienced
professionals in their field of study.
4. Job Placement Services: Offer job
placement services that connect students
with job opportunities in their field of
study.
Key Features:
1.Personalized Support:
Provide personalized support to students,
including one-on-one mentorship and
coaching.
2.Practical Training:
Offer practical training and hands-on
experience
to
students,
including
internships and apprenticeships.
3.Networking Opportunities:
Provide networking opportunities for
students, including job fairs and industry
events.
4.Career Guidance:
Offer career guidance and counseling to
students, including help with resume
writing and interview preparation.
Implementation Plan:
1. Program Development:
Develop the entrepreneurship, job training,
mentorship, and job placement programs
over a period of 6 months.
2.Evaluation and Refining:
Evaluate the pilot programs and refine
them based on feedback and outcomes.
4.Full Launch:
Launch the full version of the programs
over a period of 6 months.
Budget and Resources:
1.Personnel:
Hire personnel to manage and deliver the
programs, including program managers,
mentors, and career counselors.
2.Funding:
Secure funding to support the development
and delivery of the programs, including
grants, sponsorships, and revenue from
program fees.
3.Equipment and Materials:
Purchase equipment and materials
necessary to deliver the programs,
including computers, software, and
training materials.
STAGE 4 : Development of ideas
Evaluate and refine generated ideas:
-Effectivenes:
How well does the idea address the problem of
high unemployment in the school society?
-Feasibility:
How practical and achievable is the idea,
given the resources and constraints of the
school society?
-Impact:
What is the potential impact of the idea on the
school society, including the potential benefits
and risks?
-Sustainability:
How sustainable is the idea, including its
potential for long-term success and viability?
-Idea Screening: Each idea will be screened
against the evaluation criteria to determine its
potential value and feasibility.
-Idea Refining:
Ideas that pass the initial screening will be
refined and developed further, including the
identification of potential resources and
partners.
-Idea Prioritization:
Refined ideas will be prioritized based on their
potential impact and feasibility, with the most
promising ideas being selected for further
development.
Refining Ideas:
Based on the evaluation process, the following
ideas will be refined:
-Entrepreneurship Program:
Develop a comprehensive entrepreneurship
program that provides training, mentorship,
and resources to students who want to start
their own businesses.
-Job Training Programing :
Offer a job training program that provides
students with the skills and experience they
need to secure employment in a specific trade
or industry.
-Mentorship Program:
Develop a mentorship program that connects
students with experienced professionals in
their field of study.
-Develop a Detailed Plan:
Develop a detailed plan for each refined idea,
including a timeline, budget, and resource
allocation.
-Secure Resources and Partnerships:
Secure the necessary resources and
partnerships to support the implementation of
each refined idea.
-Implement and Evaluate:
Implement each refined idea and evaluate its
effectiveness, impact, and sustainability.
B