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Beat The Market An Interactive Microeconomics Game   WHAT'S LEARNED
Beat The Market Online A Microeconomics Simulation
A much better understanding of microeconomic concepts is gained when students apply what they have learned through reading and lecture by managing a firm to maximize profits in a "real life" competitive business environment. This provides an excellent opportunity to develop critical thinking skills.

ECONOMIC CONCEPTS LEARNED WHILE PLAYING GAME:

• Law of Demand
• Price Elasticity
• Shifts in Demand
• Revenue Maximization
• Monopoly
• Market Equilibrium
• Demand & Supply Analysis
• Perfect Competition
• Monopolistic Competition
• Oligopoly
• Short-run Production
• Short-run Costs
• Long-run Production
• Long-run Costs
• Profit Maximizing Rule

EDUCATIONAL ADVANTAGES:    LEARNING PYRAMID
  • Makes Economics Relevant
  • Captures Student Interest
  • Employs Active Learning
  • Uses Problem-Based Pedagog
   
   
75% Retention from Practice-by-Doing