Content
This module deals with monetary policy, the core task of a central bank. The major goals of modern central banks, the significance of the monetary policy instrument, the most important monetary policy effects and the influence of incomplete information are conveyed to the students in a fun way.
Note: The advanced monetary policy module will be replaced by a revised module, called 'Monetary policy', at the end of September 2012.
Duration:2–3 lessons
Level:Demanding
Format:Online simulation
Updated:10 March 2008
Subjects and suitable topics
Economy/law: Economic correlations/Economic policy/Inflation/Monetary policy goals and instruments/Swiss National Bank
Economy/society: Economic policy/Inflation/Monetary policy goals and instruments/Swiss National Bank
This module deals with monetary policy, the core task of a central bank. The major goals of modern central banks, the significance of the monetary policy instrument and the most important monetary policy effects are conveyed to the students in a fun way.
Note: The basic monetary policy module will be replaced by a revised module, called 'Monetary policy', at the end of September 2012.
Duration:2–3 lessons
Level:Demanding
Format:Online simulation
Updated:30 October 2007
Subjects and suitable topics
Economy/law: Economic correlations/Economic policy/Inflation/Monetary policy goals and instruments/Swiss National Bank
Economy/society: Economic policy/Inflation/Monetary policy goals and instruments/Swiss National Bank
This module deals with common pool resources and the problem of overuse of freely accessible resources. Through their own actions during the course of a game, students experience at first hand the major incentives inherent in common pool resources. The game also involves finding solutions for the tragedy of the commons phenomenon. Environmental problems, such as global warming, serve as good examples.
Duration:2–4 lessons
Level:Easy to intermediate
Format:Offline strategy game
Updated:02 September 2011
Subjects and suitable topics
General culture: Economics and ecology/Environment/Globalisation/Society and responsibility
Economy/law: Economics and ecology/Economic types of goods/International agreements/Market failure/Role of property rights
Economy/society: Market failure/Economic types of goods/Economics and ecology/Role of property rights
Biology: Global warming/Endangered species/Environmental policy
Philosophy/educational science/psychology : Cooperation in groups/Role of standards
Geography: Global environmental issues
This module deals with the subject of the division of labour and trade. By doing their own trading in the strategy game, Railgame, students learn about the principle of comparative advantage, an otherwise difficult concept to explain.
Note: The division of labour and trade module will be deactivated at the end of March 2012.
Duration:2–3 lessons
Level:Intermediate
Format:Online strategy game
Updated:17 November 2009
Subjects and suitable topics
General culture: Division of labour in everyday life/Globalisation/Production and specialisation/Switzerland and the world
Economy/law: Comparative advantages/Economic integration/Economies based on division of labour/International trade/Specialisation of companies/Trade policy and protectionism
Economy/society: Economic integration/Economies based on division of labour/International trade/Specialisation of companies
Geography: Specialisation of countries
History/civic education: History of trade
The topic of this module is the formation of prices, on markets in general and on well-organised and transparent markets in particular. Students experience at first hand how markets function, by means of a strategy game in which they play traders on a commodities exchange.
Note: The market and price formation module will be replaced by a revised version at the end of September 2012.
Duration:2–3 lessons
Level:Intermediate
Format:Online strategy game
Updated:21 October 2009
Subjects and suitable topics
General culture: Economics/Market and consumption/Market and prices
Economy/law: Competition/Economic systems/Functioning of markets/Introduction to economics/Market economy/Market efficiency/Supply and demand/Role of stock markets
Economy/society: Competition/Economic systems/Functioning of markets/Market economy/Market efficiency/Supply and demand
Content right column
Key
Modules
A module is a structured teaching unit on basic economic principles.
The service section contains more information on the educational concept behind the iconomix modules.
List of modules
Details on each module can be viewed by clicking on the plus sign (+) on the right-hand side of the list.
The fully expanded view provides key information on the level of difficulty as well as a list of suitable subjects and topics.
Filter and sort
The list of titles can be filtered by four criteria:
- Subjects/topics
- Level of difficulty
- Format
- Keyword
The filters can also be combined.
Level of difficulty
iconomix works with three levels of difficulty:
- Easy
- Intermediate
- Demanding
Format
iconomix has three types of module: strategy game, simulation and topic folder. Modules of the same type are structured in a similar manner.
Some of the modules require the use of computers and internet (online), others do not (offline).
Keyword
Enter the first letter of the keyword into the search field (e.g. s for supply). A keyword can then be selected from the list.
Time required
The duration of a module refers to the approximate number of lessons required to complete the module.
Educational concepthttp://www.iconomix.ch/en/service/educational-concept/overview/