Economics hands-on. A simulation approach to learning microeconomics

TitleEconomics hands-on. A simulation approach to learning microeconomics
Faculty/College/UnitSauder School of Business
StatusCompleted
Duration2 Year
Initiation04/01/2012
Completion12/31/2014
Project Summary

“Tell me and I’ll forget; show me and I may remember; involve me and I’ll understand.” Economics hands-on involves a portal with simulation-based tools and resources to complement the traditional teaching practices used in economics and business courses. The ultimate goal of the project is to make economics intuitive and enhance the students learning of the complex interactions between market structure, competition, and firms’ profitability through a team-based and hands-on learning experience.

We will achieve this by: 1) Providing free online pricing simulation games that replicate the economic dynamics of real markets. These games will be customizable according to the learning objectives and its use is not exclusive to the classroom. 2) Developing teaching material for instructors and business-case study. 3) Providing a hub for pricing resources that includes a blog, data from real markets, and related research studies. 4) Providing students with opportunities to apply their skills in an annual competition.

Funding Details
Year 1: Project YearYear 1
Year 1: Funding Year2012/2013
Year 1: Project TypeSmall TLEF
Year 1: Principal InvestigatorMariano Tappata
Year 1: Funded Amount25,620
Year 1: Team Members

Mariano Tappata, Assistant Professor, Strategy and Business Economics, Sauder School of Business
Florencia Jaureguiberry, Sessional Lecturer, Strategy and Business Economics, Sauder School of Business

Year 2: Project YearYear 2
Year 2: Funding Year2013/2014
Year 2: Project TypeSmall TLEF
Year 2: Principal InvestigatorMariano Tappata
Year 2: Funded Amount18,308
Year 2: Team Members

Mariano Tappata, Assistant Professor, Strategy and Business Economics, Sauder School of Business
Florencia Jaureguiberry, Sessional Lecturer, Strategy and Business Economics, Sauder School of Business