Economics · Macroeconomics

Banco Central: The Governor Dilemma

Simulation where participants act as the governor of the Banco Central de Quisqueda, a fictional Latin American central bank.

8 rounds Executive English, Español

Preview

About this simulation

Simulation where participants act as the governor of the Banco Central de Quisqueda, a fictional Latin American central bank. Teams set the policy rate, choose forward guidance tone, and respond to economic shocks across 8 quarters to bring inflation to target while maintaining output stability and central bank credibility.

Who it is for

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.

How a session runs

  1. The instructor creates a session from the Eureka dashboard and invites the participants.
  2. Participants play 8 rounds. In each one they submit their decisions and the simulation calculates the results.
  3. The simulation can be run in English, Español.
  4. The instructor follows each participant's progress and results from the dashboard, and uses the class results for the debrief.

Decisions participants make

The decisions participants make during the simulation:

  • Policy Rate Change (bps)
  • Forward Guidance Tone

What participants track

What participants follow on screen as the rounds go by:

  • Economic Briefing
  • MPC Decisions
  • Commodity Shock Response
  • Currency Under Pressure — FX Intervention
  • Government Pressure Event
  • Policy History

Subjects covered

Designed for courses in Macroeconomics.

  • Macroeconomic Theory (GDP, Inflation, Employment)
  • Central Banking, Monetary Policy & Regulation
  • Business Cycles, Recessions & Economic Forecasting

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