An Economic Game As An Interactive Learning Environment

  • Geert Woltjer
Part of the Educational Innovation in Economics and Business book series (EIEB, volume 1)


Many non-economists perceive economics as an abstract and contra-intuitive science. This may be the consequence of the teaching method. Krueger et al. (1991) refer to the formal approach in economics teaching, where the focus is on “the grammar of the discipline, rather than its substance” (p. 1041). They suggest that we should include more applications and real world linkages in our courses (p. 1052). But such applications are complex compared with static equilibrium theory as taught in introductory economics. Furthermore, it is very difficult for students to imagine the decision making processes behind the theories. Although this is already true for microeconomics, it is even more difficult in macroeconomics. In teaching practice, macroeconomics is only marginally related with microeconomics and decision making. For non-economists it is very difficult to imagine the decision processes behind the formulas in macroeconomics.


Business Cycle Wage Rate Labour Demand Equity Capital Interactive Learn Environment 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. DeYoung, R. (1993). Market experiments: The laboratory versus the classroom. Journal of Economic Education, 24, 335–51.CrossRefGoogle Scholar
  2. Gremmen, H. J. F. M. (1989). SIER, a macroeconomic computer game on cooperation and conflict in international economics Dissertation Katholieke Universiteit Brabant, the Netherlands.Google Scholar
  3. Krueger, A. O., et al. (1991). Report of the Commission on Graduate Education in Economics. Journal of Economic Literature, 29, 1035–1053.Google Scholar
  4. Scott, A. (1993). Running the British economy This book.Google Scholar
  5. Wells, D. (1991). Laboratory experiments for undergraduate instruction in economics. Journal of Economic Education, 22, 293–300.CrossRefGoogle Scholar
  6. Williams, A. W., & Walker, J. M. (1993). Computerized laboratory exercises for microeconomics education: three applications motivated by experimental economics. Journal of Economic Education, 24, 291–315.CrossRefGoogle Scholar

Copyright information

© Springer Science+Business Media Dordrecht 1995

Authors and Affiliations

  • Geert Woltjer
    • 1
  1. 1.University of LimburgMaastrichtthe Netherlands

Personalised recommendations