Designing the Tax System — Optimal Income Taxation in 60 Minutes
Step into the Costaria Treasury and design a tax system from scratch.
Take the seat of Costaria's central-bank chief economist. Diagnose three concurrent shocks in AD-AS space, weigh the stabilisation-policy response for each, and confront the supply-shock dilemma every modern central bank faces.
Take the seat of Costaria's central-bank chief economist. Diagnose three concurrent shocks in AD-AS space, weigh the stabilisation-policy response for each, and confront the supply-shock dilemma every modern central bank faces. Six rounds covering the demand boom, the cost-push supply shock, monetary drift, the combined Crisis Package, and a Volcker-style re-anchoring window.
Tracks inflation, expectations, output gap, unemployment, policy rate and a credibility score.
An advanced simulation for participants used to working with the main frameworks and trade-offs of the subject, designed for executive education and experienced professionals.
The decisions participants make during the simulation:
What participants follow on screen as the rounds go by:
Designed for courses in Macroeconomics.
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