Advanced text
Monetary policy: Fundamentals
The advanced text explains in detail the basic mechanism of today’s monetary policy, the underlying decision-making process and current unconventional...
Web-based simulation
Key interest rate, inflation and economic activity: How a central bank decides
Latest change:
Mopos was relaunched in winter 2025 with a completely revamped user experience, but still uses the same tried-and-tested economic model.
The Mopos web-based simulation clearly illustrates how monetary policy is conducted, with the aim of ensuring price stability while taking due account of economic developments.
Competence-oriented learning goals: see commentary for teachers
Commentary for teachers |
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| Overview of the unit and information on learning goals, didactic approach and economic background as well as notes on a possible lesson plan. |
Mopos web-based simulation |
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| In Mopos, players adopt the role of members of a central bank’s board. This role involves them conducting a series of monetary policy assessments, each of which results in an interest rate decision. |
‘Introduction to Mopos: Scenario mode’ slide set |
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| Set of introductory slides for class when Mopos is played in scenario mode. |
‘Introduction to Mopos: Random mode’ slide set |
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| Set of introductory slides for class when Mopos is played in random mode. |
‘Calm waters’ scenario briefing |
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| Briefing for the ‘Calm waters’ scenario describes initial situation and the task. |
‘Soft landing’ scenario briefing |
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| Briefing for the ‘Soft landing’ scenario describes initial situation and the task. |
‘Threat of deflation’ scenario briefing |
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| Briefing for the ‘Threat of deflation’ scenario describes initial situation and the task. |
‘Stagflation’ scenario briefing |
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| Briefing for the ‘Stagflation’ scenario describes initial situation and the task. |
Advanced text |
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| The advanced text summarises the core economic concept behind the conduct of monetary policy and recaps the technical terms used. |
Concept:
Iconomix, based on a model developed in 2000 by Prof. Dr. Yvan Lengwiler, University of Basel, on behalf of the SNB.
Application development::
Ergon Informatik AG, Zurich
Consultants:
Pascal Meichtry, Banque de France
Translation & proofreading:
SNB Language Services