We surveyed economics teachers around the world, and here are their favorite in-person games (e.g., you play them "live" in-class) for economics classes. None of these games require special technology, and they all teach critical economics concepts. Check out our recorded webinar to see a walkthrough of these games.
Dollar Auction - Perfect for the first day of class. Auction off a dollar for more than a dollar.
Concepts taught: Incentives, Sunk Cost
Trading Game - Have the students learn about mutually beneficial exchange.
Concepts taught: Mutually Beneficial Exchange, Gains from Trade
Supply and Demand Simulation - Simulate supply and demand in a market with playing cards.
Concepts taught: Supply and Demand, Consumer Surplus, Producer Surplus
Market Structures - Simulate how different market structures lead to different prices for consumers. (Created by the Federal Reserve Bank of St. Louis)
Concepts taught: Monopoly, Perfect Competition, Oligopoly, Collusion
Inflation Auction - Simulate how money creation increases prices with an auction. (Created by the Federal Reserve Bank of St. Louis)
Concepts taught: Inflation, Money Supply
MRU Interactive Practice - Our free interactive practice tools help students master economic concepts.
Concepts taught: Supply and Demand, GDP, Trade, Inflation
- High School
- University
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