Exploring Indonesia’s Economy and Student Innovation at IPB
A new day greeted us with fresh faces, a new classroom, and lovely weather. We stepped into a room full of students, excited and curious about what the day had in store. As the class began, we were welcomed with a prayer, and Ma’am Intani kindly introduced us to everyone. She invited us to share our experiences from the past month in Indonesia—how we’ve adapted, what we’ve enjoyed, and what we’ve learned so far.
~ We shared how warmly we were welcomed by the Indonesian people—their kindness, culture, and food. Though the cuisine is quite different from what we’re used to, we’re slowly learning to love and appreciate it. It’s been a thrilling three weeks full of unforgettable experiences, and we’re looking forward to what’s still to come.
During the session, a guest speaker was invited to discuss economic concepts. The lecture focused on both macroeconomic and microeconomic factors. We learned about key national indicators such as GDP growth, inflation, trade policies, and employment rates, and how they shape a country’s economy. On the micro level, we explored how individuals, households, and businesses interact through demand, supply, pricing, and production costs. We were even asked about the economic situation in the Philippines, which gave us a chance to reflect and compare it with Indonesia’s current economic state.
One important takeaway for me was realizing that even though inflation is ongoing, people often stop noticing it over time because they become used to the system. While low inflation can benefit both consumers and businesses, it can also slow down the economy or lead to a recession. Ma’am Intani wrapped up the session by highlighting that Indonesia aims to maintain its inflation rate between 4–5% as their new president works toward strengthening the economy.
After class, we visited KLIKBI (Klinik Kewirausahaan dan Inkubator Bisnis) at IPB University’s Sekolah Vokasi. This inspiring organization supports students in developing their business ideas and turning them into real products. They focus on sustainability by encouraging innovation that transforms waste into valuable goods, helping both the environment and the economy.
We were introduced to some of their student-made products and even got to make creative designs to take home as souvenirs. The team was incredibly generous, offering us delicious yogurt ice candies in a variety of colors and giving away some of their products as gifts. Their passion for nurturing innovation was truly inspiring. I hope we can have a similar organization in the Philippines—one that empowers students to turn their ideas into businesses, with the school helping them market and grow.
~ It was a day filled with learning, meaningful discussions, and inspiring creativity. We’re deeply thankful for the warm welcome, the knowledge shared, and the chance to see how Indonesian students are being equipped for a sustainable future. Experiences like this are not only educational but also unforgettable.
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