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ABU
ABU
DET
DET
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KBS
BM(K)
BM(K)
GYM
GYM
Market and price formation
Market and price formation
Market and price formation
«Pitgame»
Description
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.
Keywords
List of terms that appear in the teaching materials or respectively to be treated.
Commodities exchange, Competition, Consumer profit, Demand, Efficient allocation, Equilibrium, Equilibrium price, Market economy, Market efficiency, Market price, Markets, Perfect competition, Price formation, Producer profit, Production costs, Stock exchange, Supply, Trading profits, Willingness to pay
Knowledge
Some teaching materials are particularly well suited for early adopters of iconomix (beginners), others are more suitable for experienced users iconomix (Advanced).
Advanced
Format
iconomix uses a range of teaching methods.
Game
Category
iconomix provides teaching materials for immediate use in the classroom (elements) as well as comprehensive training packages (modules).
Module
Level
iconomix works with three level of difficulty: easy, intermediate and demanding
Intermediate
Updated
03.10.2012
Teaching resources
Monetary policy
Monetary policy
Monetary policy
«MOPOS»
Description
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.
Keywords
List of terms that appear in the teaching materials or respectively to be treated.
Central bank, economic policy goals, economy, inflation, interest rate, monetary policy, price stability
Format
iconomix uses a range of teaching methods.
Role play
Category
iconomix provides teaching materials for immediate use in the classroom (elements) as well as comprehensive training packages (modules).
Module
Level
iconomix works with three level of difficulty: easy, intermediate and demanding
Intermediate to demanding
Updated
26.09.2012
Teaching resources
Common pool resources
Common pool resources
Common pool resources
«Fishpond»
Description
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.
Keywords
List of terms that appear in the teaching materials or respectively to be treated.
Anonymity, Common pool resources, Economic types of goods, Environmental problems, Externalities, Free riding, Incentives, Internalisation, Market failure, Overuse, Private goods, Public goods, Role of the state, Scarcity of resources, Social norms, The common good, Tragedy of the commons
Knowledge
Some teaching materials are particularly well suited for early adopters of iconomix (beginners), others are more suitable for experienced users iconomix (Advanced).
Advanced
Format
iconomix uses a range of teaching methods.
Game
Category
iconomix provides teaching materials for immediate use in the classroom (elements) as well as comprehensive training packages (modules).
Module
Level
iconomix works with three level of difficulty: easy, intermediate and demanding
Intermediate
Updated
02.09.2011
Teaching resources
Top earners
Top earners
Top earners
«Salaries at management level»
Description
Students take on the role of members of a board of directors and try to employ the best managers available. They discover how salaries at management level are determined and how they are influenced.
Keywords
List of terms that appear in the teaching materials or respectively to be treated.
Experiment, labour income, labour market, leverage, market value, salaries at management level, winner-takes-all
Format
iconomix uses a range of teaching methods.
Game
Category
iconomix provides teaching materials for immediate use in the classroom (elements) as well as comprehensive training packages (modules).
Element
Level
iconomix works with three level of difficulty: easy, intermediate and demanding
Intermediate
Updated
25.01.2010
Teaching resources
Public goods and market failure
Public goods and market failure
Public goods and market failure
«Quiz»
Description
Complete this quiz to test your knowledge on public goods. The questions also cover shortage, free riding and positive externalities.
Keywords
List of terms that appear in the teaching materials or respectively to be treated.
Externalities, free riding, government, market failure, public goods, shortage, social norms
Format
iconomix uses a range of teaching methods.
Article
Category
iconomix provides teaching materials for immediate use in the classroom (elements) as well as comprehensive training packages (modules).
Element
Level
iconomix works with three level of difficulty: easy, intermediate and demanding
Intermediate to demanding
Updated
21.07.2009
Teaching resources