Microeconomics and Managerial Economics Simulation Games

HIGH SCHOOL

COLLEGE & MBA
Principles	Managerial

CONTACT

	OPTION 2 - Utilize combination of Simulation Games & Exercises
		Go To Option 1

HIGH SCHOOL PRINCIPLES OF ECONOMICS

Sample Course Outline

Integrating Economic Games & Exercises into your Class

Weeks	Activity	Game Assignments	Simulation Exercises
1	Students register online & learn basics of game	View online guided tours	* Introduction
2	Students compete individually or in teams against computer managed firm	**Play practice games: Round 1
3	Students complete exercises to improve game performance		Law of Demand Shifts in Demand Price Elasticity
4	Students complete next set of practice games	Play practice games: Round 2
5	Students complete exercises to further improve game performance		Market Equilibrium Short-run Production Short-run Cost
6	Students complete next set of practice games	Play practice games: Round 3
7	Class divided into teams to organize, review reports, strategize & make decisions	***Play Contest games
8	Teams meet to evaluate performance and learning lessons	Prepare Team Report
9	WRAP-UP	Report submitted & class discussion

* Introduction Simulation Exercise requires no knowledge of economics. The objective is to learn about the reports/information within the game.

**We recommend practice games which are set up to mirror the Contest game or build or build up to it (i.e. level 1 game with only two decisions, to a level 2 with four decisions).

***Contest games can be selected that will last one class period or an entire week.