Using Computer Simulators for Teaching Macroeconomics at the Undergraduate Level

Aleks Angelov () and Aleksandar Vasilev
Additional contact information
Aleks Angelov: American University in Bulgaria, Postal: BG

Journal of Research in Educational Sciences, 2016, vol. 7, issue 9, 5-8

Abstract: The integration of technology in the educational process is becoming increasingly important for improving the 21st century student s understanding and retention of academic material Being able to readily apply the theory covered in class and to automatically receive immediate feedback is invaluable And with gamification now permeating into nearly every area of our lives computer games are proving to be an effective way to successfully engage any audience Presently there are only a few freely available macroeconomic simulators on the Internet which are suitable for undergraduate students The two most prominent ones are the European Central Bank s conomia and the Chair the Fed game But both of them focus solely on monetary policy Thus there is no educational simulator that allows students to examine the effects of fiscal policy This is particularly problematic since Bulgaria and several other countries in the region which are not part of the Eurozone operate under a currency board meaning that they do not have much control over their monetary policy so the emphasis there is mainly on conducting fiscal policy Hence prof Vasilev and I developed the Keynesian Macroeconomic Simulator of Fiscal Policy

Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: Using Computer Simulators for Teaching Macroeconomics at the Undergraduate Level (2016)
Working Paper: Using Computer Simulators for Teaching Macroeconomics at the Undergraduate Level (2016)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:srs:jres00:v:7:y:2016:i:9:p:5-8

Access Statistics for this article

Journal of Research in Educational Sciences is currently edited by Laura UNGUREANU

More articles in Journal of Research in Educational Sciences from ASERS Publishing
Bibliographic data for series maintained by Claudiu Popirlan ( this e-mail address is bad, please contact ).