11–20 of 28 posts
Capitalism Lab, which builds on the original Capitalism and Capitalism II by adding several more options (some through mods).
Wall $treet Raider, which you can learn a lot from about various big business dealings and economic trends. Different ways to use subsidiaries, holding companies, greenmail, liquidation, diversification, etc.
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 busine…
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/
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…
However this only works when done with the supervision of a trained instructor (like a game master in DnD). Otherwise trainees will just stay in their comfort zones or they will just do focus on the bits they find fun or are already good at.
I can imagine something similar happening in economics education.
I work with simulation for medical training. When used properly, games and simulations are incredibly powerful at conveying relationships between choices. Since trainees 'invent' the solutions in a scenario, what they learn 'sticks' at a much deeper level. They walk away with powerful memories of their experiences. However this only works when done with the supervision of a trained instructor (like a game master in D…
I work with simulation for medical training. When used properly, games and simulations are incredibly powerful at conveying relationships between choices. Since trainees 'invent' the solutions in a scenario, what they learn 'sticks' at a much deeper level. They walk away with powerful memories of their experiences. However this only works when done with the supervision of a trained instructor (like a game master in D…
I used to be so amused playing https://playclassic.games/games/simulation-dos-games-online/... as a child, despite it being ridiculously challenging. You can't imagine how many patients I killed in that game learning how to perform an appendectomy using the trial-and-error methodology. ;~)