MarketSim: A Simulated Economy for Microeconomics

Tod S. Porter, Kriss Schueller, Teresa Riley, Rochelle Ruffer and Ebenge Usip

The Journal of Economic Education, 2006, vol. 37, issue 4, 483-483

Abstract: MarketSim helps students understand microeconomic theory. They take the roles of consumers and producers in a simulated economy. Exchanges are made by posting and accepting offers at terms they choose. In the "Simultaneous Play" version, students must participate in a game at the same time. The simulations, designed for principles classes, can be used in intermediate theory.

Date: 2006
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DOI: 10.3200/JECE.37.4.483-483

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