Question

econland- macroeconomics simulation game

Answer 1

STIMULATION GAME MEANING

The award winning simulation game teaches students about Macroeconomics in an entertaining and hands-on way. When playing Econland, students manage the economy of a country that faces the ups and downs of the global economic environment through a seven year business cycle. Players make monetary and fiscal policy decisions in order to keep their population satisfied. Each time that students play the game they can choose between three scenarios for the development of the world economy. In this way, students can play the game many times and continue to be engaged. By playing Econland, students learn about all the major economic concepts of a Macroeconomics course through active analysis and decision making. In addition, students also learn to link the Macroeconomics course materials to real world events. Benefite of Ecoland learning are-

1.The Econland learning platform includes learning resources that link the simulation game to both the real-world economy and to topics covered in Macroeconomics courses.

2.Econland can be used by students at all levels. The simulation game brings economic policymaking to life by letting students understand the economic environment, make economic policy decisions, and analyze their results.