Material Detail

Beat The Market ONLINE is an interactive set of simulation games and exercises for active learning & teaching of economics in a new and exciting way. For games or experiments, students compete making decisions for profit maximization utilizing economic concepts in different market structures. For simulation exercises (drills and practice) they learn by topic (such as law of demand, shifts in demand,elasticity of supply & demand, short-run & long-run cost, short-run & long-run production, market equilibrium, price elasticity, etc). The simulation motivates students to learn, makes economics relevant and improves critical thinking skills. All games and exercises are automatically graded, with an online Gradebook. An online tutor acts as a consultant and helps guide students. Ideal to support lectures and presentations. Students compete in teams or individually, against each other (multi-player games) or computer managed firms (single player games). It has "learning levels" which the Instructor selects to make the games simple or complex. Therefore it is used at the High School and College levels for Introduction to Economics, Principles of Microeconomics, Managerial Economics, Intermediate Economics and MBA economics and as a business management simulation.

This will delete the comment from the database. This operation is not reversible. Are you sure you want to do it?

Thank you for reporting the broken link in MERLOT to help us maintain a collection of valuable learning materials.

If you know the NEW link for the material, please enter in the field below. Otherwise, leave the field blank.

If you are logged in member of MERLOT, we can notify you when the link is fixed.

NEW UPDATED URL for material

Your broken link report has been sent to the MERLOT Team. Thank you for helping MERLOT maintain a current collection of valuable learning materials!

Your broken link report failed to be sent. Please try reloading the page and reporting it again. Thank you! Sorry for the trouble.

If you feel this material is inappropriate for the MERLOT Collection, please click SEND REPORT, and the MERLOT Team will investigate. Thank you!

Your inappropriate material report has been sent to the MERLOT Team. Thank you for helping MERLOT maintain a valuable collection of learning materials.

Your inappropriate material report failed to be sent. Please try reloading the page and reporting it again. Thank you! Sorry for the trouble.

Your inappropriate comment report has been sent to the MERLOT Team. Thank you for helping MERLOT maintain a valuable collection of learning materials.

You are being taken to the material on another site. This will open a new window.

You just viewed Economics Online Simulation Game:.... Please take a moment to rate this material.