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Market and price formation

Pitgame

Market and price formation

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Updated on 08.12.2022

Latest change:

08.12.2022

Integration of the ‘Competitive Market Game’ by MobLab, including Videotutorials on how to use the MobLab online simulations.

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Overview

This unit covers basic topics such as the formation of market prices, equilibrium, supply and demand, and market efficiency.

  • The group game ‘Pitgame’ is based on an interactive presentation.
  • The game is played with the whole class (minimum of 12 students).
  • The associated teaching resources can be adapted to suit the level of the class.
  • A computer with internet access is required, as well as a projector.

Didactics

Commentary for teachers

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Educational game

Pitgame

Cockpit for teachers

The playing cards stay the same for each product and the number of players. And they can also be reused.

‘Introduction to Pitgame’ slides

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Worksheet

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Worksheet 1

simple, based closely on game, game evaluation for all types of school

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Worksheet 2

difficult, based closely on game, GYM/BM

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Worksheet 3A

simple, based on topic, transfer questions DH/KV

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Worksheet 3B

difficult, based on topic, transfer questions GYM/BM

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Sample answers

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Video tutorials MobLab Online games and simulations

How to work with MobLab
MobLab Online simulation «Competitive Market Game / Market without tax»

Extras

Knowledge sheet

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Additional information

Links

Videos

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Do you teach economics at upper secondary school level or are you training to be a teacher? Secure your access to exclusive content and additional functions now.
How does the stockmarket work? (en)

Credits for this unit

Concept: Iconomix

Programming of web application: Ergon Informatik AG, Zurich

Consultants: Yvan Lengwiler, University of Basel; Rina Rosenblatt-Wisch, SNB 

Educational consulting: Dieter Euler, University of St. Gallen; Michèle Collenberg, University of St. Gallen

Design of printed material: clearbrand gmbh, Zurich

Translation & proofreading: SNB Language Services

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