PRINCIPLES OF MICROECONOMICS FOR COLLEGE AND MBA CAPSTONE COURSE OUTLINE

OPTION 1 - CAPSTONE APPROACH

PRINCIPLES OF MICROECONOMICS

Sample Course Outline Schedule of Simulation Games and Exercises

Weeks
Activity
Game
Assignments
Simulation
Exercises
1-8
No simulation activities
None
None
9
Register & learn basics of games
View online guided tour; read student manual
*Introduction Exercise
10
Students compete individually against computer managed firms
**Play Practice Game 1
Play Practice Game 2
11
Class divided into firm teams to organize, review reports, strategize & make decisions
Teams enter quarter 1 decisions
Teams enter quarter 2 decisions
12
Team competition completed
Teams enter quarter 3 decisions
Teams enter quarter 4 decisions
Teams enter quarter 5 decisions
13
Teams meet to evaluate performance & lessons learned
14
WRAP UP
Report submitted & Class discussion


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

** Practice games can be graded or not graded, and assigned to the individual or team. We recommend individually played practice games set up to mirror the Team game or build up to it. (i.e. level 1 game with only two decisions, to a level 2 with four decisions).

Gold Simulations

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Our online economics simulation games provide a method of teaching and learning economic concepts that students find much more meaningful & exciting while building critical thinking skills.

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Milford, NJ 08848

(908) 730-7332


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