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Economic Policy Simulator

Economic Policy Simulator

Beginning with the details of an unnamed country, this interactive exercise lets students combine various economic policies to analyse their future impact (in the following two years) on the main macroeconomic indicators. The results and feedback given to students are expressed numerically and graphically. Students also have access to the results of the combination of policies used throughout the exercise so that they can be compared. Said...

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Keywords:
Inflation, Public deficit, GDP, Economic variables, Macroeconomics, Economic policy, External deficit
Disciplines:
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More about this material

Material Type:
Simulation
Date Added to MERLOT:
July 15, 2009
Date Modified in MERLOT:
December 20, 2022
Author:
 
Submitter:
idoia olazar
Primary Audience:
College Upper Division, Graduate School
Technical Format:
Website
Mobile Compatibility:
Not specified at this time
Technical Requirements:
Internet access. Navigator.
Language:
English
Cost Involved:
No
Source Code Available:
No
Accessibility Information Available:
Unknown
Creative Commons:
Creative Commons License
This work is licensed under a Attribution-NonCommercial-NoDerivatives 4.0 International

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Tim Rogmans
Tim Rogmans (Content Developer/Instructional Designer)
5 years ago
The case description of the country's economy is well written, resembling typical issues faced in Latin American economies. The decisions that the player could be made a bit more sophisticated given the complexity of the problems that the country is facing. There is not much guidance on the impact of two out of the four decisions that can be made: regulation and social spending. It would also be good if the simulation can be played for more than just 2 years.
José Mho
José Mho (Staff)
7 years ago

Solo observe la portada

Used in course? Yes
Time spent reviewing site: 2 seg