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Material Detail

In the Chips - A Market in Computer Chips

In the Chips - A Market in Computer Chips

This simulation concerns the interaction of markets and addresses the topics of: Supply, Demand, Market Clearing Price, and Competition. The exercise uses cards to simulate a market for computer chips. Students, acting as buyers and sellers, experience the competitive nature of markets. Complete instructions are provided on how to proceed with the exercise as well as examples of the cards and the score sheet. Debriefing questions and optional extensions are also provided.
Disciplines:
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More about this material

Material Type:
Simulation
Date Added to MERLOT:
December 13, 2000
Date Modified in MERLOT:
June 12, 2018
Author:
 
 
Submitter:
Cathy Swift
Primary Audience:
College General Ed
Mobile Compatibility:
Not specified at this time
Language:
English
Cost Involved:
No
Source Code Available:
No
Accessibility Information Available:
Unknown
Creative Commons:
No

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