Economics · Macroeconomics

Chair the MPC: Monetary Policy

Step into the role of the Bank of England Governor. Set Bank Rate, deploy quantitative easing, and issue forward guidance across six quarterly MPC meetings — navigating inflation surges, recessions, and currency crises while learning about transmission mechanisms and policy lags.

6 rounds Executive English, Español

Preview

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 6 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:

  • Set Bank Rate (%)
  • Quantitative Action
  • Forward Guidance Statement

What participants track

What participants follow on screen as the rounds go by:

  • MPC Briefing
  • MPC Decision

Subjects covered

Designed for courses in Macroeconomics.

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