Economics · Macroeconomics

Business Cycles — Why Booms End

Run Costa Verde Supermercados, a mid-sized regional grocer, across the four phases of a business cycle and discover why the same firm requires four very different kinds of management as the macro environment turns.

4 rounds MBA & Masters English, Español

Preview

Who it is for

An intermediate simulation for participants who already know the core concepts of the subject, designed for master's and MBA programmes.

How a session runs

  1. The instructor creates a session from the Eureka dashboard and invites the participants.
  2. Participants play 4 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:

  • D1 — Open new stores (0 to 3)
  • D2 — Hire net new staff (0 to 200)
  • D3 — Inventory automation upgrade
  • D4 — Lock supplier contracts (24-month freeze)
  • D5 — Refinance debt at 5.0% fixed (5-year)
  • D6 — Sell underperforming store at peak prices (CO$8M)
  • D7 — Headcount reduction (% of staff, 0 to 15)
  • D8 — Trade down the offer (own-brand expansion)
  • D9 — Acquire 4 distressed competitor stores at CO$3M each
  • D10 — Re-hire and re-train customer-facing staff

What participants track

What participants follow on screen as the rounds go by:

  • Macroeconomic Indicators (Republic of Costaria)

Subjects covered

Designed for courses in Macroeconomics.

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