Back to Catalog
Sim Institute Logo

Econland

Macroeconomics Simulation

Simulation Overview

In the Econland single-player asynchronous simulation, learners make monetary and fiscal policy decisions and consider their impact on the economy of a fictional country.

Players

tag

Single Player

Languages

tag

English

Simulation Time

tag

Total Time: NA

Intro NA, Gameplay NA, Debrief NA

Accessibility

tag

WCAG 2.0 Compliance

Price

tag

$165 per person

Simulation Categories

tag icon

Leadership and Teamwork

The Story

In the Econland single-player asynchronous simulation, learners make monetary and fiscal policy decisions and consider their impact on the economy of a fictional country. The economic policy simulator participants are tasked with managing the economy through a 7-year business cycle in an effort to maximize the approval rating from their population. This simulation lets learners consolidate their understanding of core macroeconomic concepts, including GDP, unemployment, inflation, and budget deficit.

Core Competencies

Systems Thinking

Financial Decision Making

Measurement and Analysis

Risk Awareness and Management

Learning Objectives

Adapt economic policy decisions to the changing state of the economy of a country, as well as to global economic conditions.
Understand the tradeoffs of monetary and fiscal policy decisions.
Apply core macroeconomics concepts by making monetary and fiscal policy decisions and then analyzing the consequences of those decisions.

Resources to Power Your Simulation

Each simulation comes with a Facilitation Guide along with 1:1 facilitator training and free trials.

Available with this simulation

Facilitation Guide

lock icon

Free Trial & Demo

lock icon

Check Out Similar Forio Sims

Leadership and Teamwork

Everest Teamwork and Leadership Simulation

Sunlight on Everest

Everest Teamwork and Leadership Simulation Overview In this leadership and teamwork simulation from Harvard Business Publishing, participants explore group dynamics and leadership in the context of climbing Mount Everest. Each round of the simulation lets players analyze information on speed, health, weather conditions and supplies before making decisions. The learners will also decide how to effectively share their information and decisions with their teammates. This Harvard team simulation is played synchronously with teams of 5. It can be played asynchronously between multiple teams.

Check It Out