This study has experimentally tested how the introduction of simulations, adapting the experience of higher educational institutions of the United States, including the elements of gamification, in the training course Professional Foreign Language stimulates the educational activity of students at higher educational institutions of Ukraine…

The constant technological development in education, and the potentiality of the resources offered by Information and Communication Technologies (ICTs), are challenges faced by teaching institutions in Brazil, especially by those institutions, which by the very nature of their services intend to provide distance education courses. In such a scene,…

The IS-ML model is a basic tool used in the teaching of short-term macroeconomics. Teaching is essentially done through the use of graphs. However, the way these graphs are traditionally taught does not allow the learner to easily visualise changes in the curves. The IS-LM simulation program overcomes difficulties encountered in understanding the…

Describes the development of two interactive computer simulations which were fully integrated with other course materials. The simulations illustrate the effects of various real and monetary "demand shocks" on aggregate income, interest rates, and components of spending and economic output. Includes an evaluation of the simulations'…

Describes the disadvantages of using "canned" simulations as a part of an undergraduate economics course. Identifies four advantages of having students develop their own computer simulation models. Outlines the model-building process and displays a sample program. (JDH)

This article describes an economic model dealing with the demand for money and a microcomputer program which enables students to experiment with cash management techniques. By simulating personal experiences, the program teaches how changes in income, interest rates, and charges for exchanging bonds and cash affect money demand. (Author/JDH)

This paper recommends the use of a computer simulation about trade and tariff negotiations to reinforce and apply principles learned in undergraduate international trade courses and to provide students with an opportunity to use the advanced features of Symphony, a computer spreadsheet. This simulation is a game in which both the class and…

Illustrates different types of opportunities for using computer assisted instruction (CAI) on personal computers in the teaching of economics with four examples of currently available software. Describes the difficulties in providing and supporting CAI, and concludes with an analysis of the difficulties caused by the "public goods character" of…

Investigates the growing popularity of computerized economic modeling as a computer-assisted instructional aid and the associated educational benefits. Provides an overview of current modeling, simulation, and econometrics programs and attempts to identify trends in computer-assisted instruction in economics. (Author/GEA)

Money, banking, and macroeconomic textbooks traditionally present the topics of money, the creation of demand deposits by depository institutions, and the Hicksian-Keynesian Theory of Income and Interest separately, as if they were unrelated. This paper presents an integrated approach to those subjects using computer programs written in BASIC, the…

This paper describes a rationale for the construction and use of a simple consistency model of the Zimbabwean economy that incorporates an input-output matrix. The model is designed to investigate alternative industrial strategies and their consequences for the balance of payments, consumption, and overall gross domestic product growth for a…

A computer program and simulations that can be used to help college economics students understand dynamic economic processes are described. (RM)

The author presents a computer game that puts the player in the role of a central bank governor. The game is a stochastic simulation of a standard reduced form macro model, and the user interacts with this simulation by manipulating the interest rate. The problem the player faces is in many ways quite realistic--just as a real monetary authority,…

The principle of the multiplier-accelerator interaction is explained, and how a computer program to model it can be developed is shown. A series of simulations that can be used to explore the model's behavior are suggested. The simulations can be used in college-level economics classes. (Author/RM)

Describes an instructional simulation of a commercial banking system. Identifies the teaching of portfolio theory, market robustness, and the subtleties of institutional constraints and decision making under uncertainty as the project's goals. Discusses the results of applying the simulation in an environment of local and national markets and a…