MICROECONOMICS & MANAGERIAL ECONOMICS |
INTERACTIVE SIMULATION GAMES |
for teaching and learning |
Online economics simulation games provide a method of learning economic concepts that students find much more meaningful & exciting and build critical thinking skills. Students manage a firm competing against each other and/or computer managed firms, individually or in teams, in a variety of market environments. Students "learn-by-experience" many key economic principles including: how markets function, demand and supply relationships, consumer and firm behavior, price elasticity and revenues, production and cost relationships, economies of scale, short-run versus long-run decision-making, gaming theory, profit maximization and much more.
The instructor website enables you to adjust the games to fit your syllabus by just clicking on selections such as number of decisions, length of the game, market environment and more. Key features include AUTOMATIC GRADING and an ONLINE CONSULTANT to help students. |
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