OPTION 1- CAPSTONE APPROACH
PRINCIPLES OF MICROECONOMICS
Sample Course Outline
Schedule of Simulation Games and Exercises
| Weeks |
Activity |
Game
Assignments |
Simulation Exercises |
| 1-8 | No simulation activities | None | None |
| 9 | Register & learn basics of games | View online guided tour; read student manual | *Introduction Exercise |
| 10 | Students compete individually against computer managed firms | **Play Practice Game 1
Play Practice Game 2 |
|
| 11 | Class divided into firm teams to organize, review reports, strategize & make decisions | Teams enter quarter 1 decisions
Teams enter quarter 2 decisions |
|
| 12 | Team competition completed | Teams enter quarter 3 decisions
Teams enter quarter 4 decisions Teams enter quarter 5 decisions |
|
| 13 | Teams meet to evaluate performance & lessons learned | Prepare Team Report | |
| 14 | WRAP UP | Report submitted & Class discussion |
* Introduction Simulation Exercise require no knowledge of economics. The objective is to learn about the reports/information within the game.
**Practice games can be graded or not graded, and assigned to the individual or team. We recommend individually played practice games set up to mirror the Team game or build up to it. (i.e. level 1 game with only two decisions, to a level 2 with four decisions).
