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Simulations and games in economics education

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Re: Simulations and games in economics education

#3
I posted this having in mind some simulation games by Nicky Case (https://ncase.me/projects/) which combine insight and fun in a brilliant way. Specifically:

- The Evolution of Trust

- The Wisdom and/or Madness of Crowds

- We Become What We Behold

But those games only focus on social interactions. I wonder if there are similar ones that focus on economics. We learn much better through play, a game is worth a hundred papers.

Re: Simulations and games in economics education

#4
post #3

I posted this having in mind some simulation games by Nicky Case ( https://ncase.me/projects/ ) which combine insight and fun in a brilliant way. Specifically: - The Evolution of Trust - The Wisdom and/or Madness of Crowds - We Become What We Behold But those games only focus on social interactions. I wonder if there are similar ones that focus on economics. We learn much better through play, a game is worth a hundre…

Check out the list here! https://explorabl.es/economics/

The explorabl.es website is maintained by Nicky Case and has a whole bunch of explorable articles written by different people in different categories. Usually if something's written something interactive it'll be there!

Disclaimer: one of my articles is there too!

Re: Simulations and games in economics education

#6
post #5

I recommend Sidereal Confluence. That game has taught me more about economics than anything else.

This game is on my radar, but as I understand it it really wants a lot of players at the table and my group is typically capped at 4.

Glad to hear it referenced though.

Re: Simulations and games in economics education

#8
It's pretty dated at this point (and I don't know of anything recent like it), but playing M.U.L.E. is a little education in microeconomics all by itself.

https://en.wikipedia.org/wiki/M.U.L.E.

Ok, I see that Planet M.U.L.E. is a recent remake that may actually be alive and kicking, good deal!

http://www.planetmule.com/

Re: Simulations and games in economics education

#10
I took an experimental economics class in college where the small lab fee was supposed to be paid out as prizes for doing well in the games we played during class. I never got a payout, but the class was pretty interesting regardless.

I did sort of "cheat" in one of the games, I recognized that the software market game was really a software monopoly game (this was circa 2000) and put the other providers out of business in the first round by paying people to be my customer.

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