The study aims to understand the implementation of Problem-Based Learning and its impact on critical thinking skills for senior high school students. The study used the lesson study approach that was conducted in four cycles. Each learning activity consisted of identifying topic, presenting the report, and evaluating the Problem-Based Learning. The subject of the study was in a Senior High School in Malang, Indonesia. The level of critical thinking refers to Structure Observed Learning Outcome (SOLO) Taxonomy, consisting of Prestructural, Unistructural, Multistructural, Relational, and Extended Abstract thinking levels. The findings in the learning process show that the students' critical thinking skills has increased. It is revealed by improving the ability to solve problems and making conclusions through critical thinking processes. The implementation of Problem-Based Learning also encourages students to think critically in the form of questioning, discussing problems and making solutions related to the employment issues, national income and economic growth in Indonesia. Keywords: Problem-Based Learning, Critical Thinking Skills, Lesson Study APAKAH PROBLEM-BASED LEARNING DAPAT MENINGKATKAN KEMAMPUAN BERPIKIR KRITIS? Abstrak: Penelitian ini bertujuan untuk mengetahui penerapan Problem-Based Learning dan pengaruhnya terhadap kemampuan berpikir kritis pada siswa sekolah menengah atas. Penelitian ini menggunakan pendekatan lesson study yang dilakukan melalui empat siklus. Setiap aktivitas pembelajaran terdiri dari mengindentifikasi permasalahan, mempresentasikan laporan kegiatan, dan mengevaluasi pelaksanaan Problem-Based Learning. Subject penelitian ini dilakukan pada sebuah Sekolah Menengah Atas di Malang, Indonesia. Tingkat kemampuan berpikir kritis siswa dalam penelitian ini mengacu pada taksonomi SOLO (Structure Observed Learning Outcome) yang meliputi prastruktural, Unistruktural, Multistruktural, Relasional, and Extended Hasil penelitian ini menunjukkan bahwa selama proses pembelajaran, kemampuan siswa dalam berpikir kritis telah meningkat. Hal ini ditunjukkan dari peningkatan kemampuan menyelesaikan masalah dan membuat kesimpulan melalui proses berpikir kritis. Penerapan Problem-Based Learning juga mendorong siswa memiliki kemampuan berpikir kritis dalam berbagai aktivitas seperti mengajukan pertanyaan, mendiskusikan permasalahan, dan membuat solusi terkait permasalahan pengangguran, pendapatan nasional, pertumbuhan ekonomi di Indonesia. Kata Kunci: Problem-Based Learning, Kemampuan Berpikir Kritis, Lesson Study

Villages have great potential to support economic development. Excellent products contribute to improving the village economy. MSMEs play an essential role in economic development in the village. However, MSME players have less knowledge and skills in running a business. The MSME actors do not utilize technology properly and find it challenging to use it. This study aims to develop an integrated industry village 4.0 platform and measure the capabilities of MSME actors. The research consists of preparatory, development, and assessment phases. This research involved 25 MSME actors in Srigonco and Bantur Villages, Malang Regency. The instrument consists of validation sheets, user satisfaction assessment questionnaires, pre-test and post-test questionnaires. Data analysis in this study is using qualitative and quantitative analysis techniques. This platform has features such as home page, business incubators, export cloud markets, and MSME Matching Fund. material, media, information, and IT platform validation tests obtained 85,2 %, 89,33 %, and 84,6 %, respectively—the feasibility with excellent categories. MSME actors in the village experienced an increase of 0,40 on the medium criteria. This research is the basis for recommendations for partner villages to make policies related to developing MSME actors. Technology use in several Malang Regency villages can be applied more widely

This paper provides the relationship between macroeconomic variables, including exchange rate, BI rate and inflation, and stocks performance, particulary bluechip stocks listed in LQ45 index in Indonesia Stock Exchange. The study particularly gives insights on bluechip stocks listed in LQ45 stock price index in Indonesia Stock Exchange between 2015 and 2017. The data were obtained from various sources during the period, including the Indonesia Stock Exchange (IDX), the Central Bank of Indonesia (BI), and the Ministry of Trade. This study followed a Vector Error Correction Model (VECM) attempting to estimate the relationship between variables both in the short term and in the long term. The findings of the study showed that in the long run, exchange rate, BI rate and inflation have a negative impact on stock market performance, particularly on LQ45 index in Indonesia Stock Exchange. It implies that an increase in macroeconomic variables results in the decline of stock market performance. Meanwhile, in the short run, two variables, namely the exchange rate and inflation, positively affect stock market performance in Indonesia. On the contrary, the relationship between BI rate and stock market performance showed a negative correlation. These findings have significant implication for the understanding of how macroeconomic variables affect the stock market performance, particularly LQ45 price index in Indonesia Stock Exchange.

The research aims to determine the relationship between financial deepening and income inequality in Indonesia. This research applied vector error correction model analysis by using time series data to show the long-term and short-term relationship between financial deepening indicators and income inequality. The research utilizes quarter time-series data from 2000 to 2016. The findings show that the higher ratio of money supply to GDP will increase income inequality in the long run. The development of the stock market has a positive impact on people in higher economic level so it increases the income inequality in the short run, while in the long run, a better financial market will reduce income inequality because all levels of economy can enjoy the benefit of its development. The ratio of private sector credit to GDP has a negative impact on the Gini ratio only in the short run. It can be concluded that financial deepening significantly affects the Gini ratio in Indonesia but government must decide which part of the financial deepening needs to be triggered in short run or which one in long run to improve income equality because better income equality will promote economic growth and welfare.