AD-AS Under Shocks — Supply, Demand, Stagflation
Take the seat of Costaria's central-bank chief economist.
Eureka Basics
Economics simulations
Economic principles become intuitive when participants have to act on them. In these simulations they set policy, prices or output, respond to demand, competition and macroeconomic shocks, and see markets and indicators respond. They suit courses in macroeconomics, microeconomics, managerial economics, econometrics and international economics.
102 simulations in 4 areas
Macroeconomics43
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AD/AS & The Multiplier Effect
Interactive macroeconomics simulation where students act as Chief Economic Advisor, managing aggregate demand and supply shocks through fiscal and…
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Banco Central: The Governor Dilemma
Simulation where participants act as the governor of the Banco Central de Quisqueda, a fictional Latin American central bank.
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Beyond GDP: Measuring What Matters in Development
Step into the role of a UNDP development advisor across six rounds.
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Build the Corridor — A Peruvian Infrastructure Regulator Under a Fixed Budget
A four-round, advanced regulatory-economics and infrastructure-finance simulation set inside ARIC, a fictional Peruvian economic regulator…
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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…
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Cash Transfers vs In-Kind Aid — A Welfare Lab
Design Costaria CO$ 2 billion poverty-reduction program.
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Chair the MPC: Monetary Policy
Step into the role of the Bank of England Governor.
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Designing the Tax System — Optimal Income Taxation in 60 Minutes
Step into the Costaria Treasury and design a tax system from scratch.
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El Ciclo
Simulation to teach economic cycle diagnosis and corporate strategy under macroeconomic uncertainty, using a Honduran manufacturing company facing…
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El Inquilino Ancla
Simulation to teach anchor tenant strategy, cluster economics, FDI negotiation, and public-private incentive structuring in a Honduran ZEDE
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El País en Tus Manos
Macroeconomic policy simulation where students manage Argentina's fiscal, monetary, and exchange rate policy to stabilize an economy facing high…
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Fiscal Policy Workshop — Tax & Spend in a Recession
Sit on the Costaria Cabinet during a real recession.
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GDP Detective — What Counts and What Doesn't
Investigative simulation in the Republic of Costaria.
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Inequality and the Lorenz Curve, Junior
A 45-minute, three-round bilingual lab where students build a Lorenz curve from 10 households of a Colombian market town, compare Norway, Spain, US…
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Inflation Targeting in Practice — Modern Central Bank
Run the Monetary Policy Committee of the Banco Central de Costaria.
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Launchpad LatAm — Aurelia's Entrepreneurship Plan
A four-round, advanced public-policy and economic-development simulation set inside the National Entrepreneurship & Innovation Office (ONEI) of the…
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Pensions Reform — Pay-as-you-go vs Funded vs Hybrid
Step into Costaria National Insurance Institute as the working-to-retiree ratio falls toward 2.4:1.
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Public Goods & Free Riding: The Las Acacias Court
Run the council of a 38-household block deciding how to fund six community projects.
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Public Provision vs Vouchers — Schooling Choice Lab
Strategy team for the Costaria Ministry of Education weighs three K-12 funding architectures (public provision, universal voucher, means-tested…
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Red Box Budget: Fiscal Policy & the Deficit
Take the role of UK Chancellor of the Exchequer across six budgets.
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Social Insurance Basics — Risk Pool
Three-round civic-economics simulation: 100 villagers in Costaria face four life risks (illness, unemployment, old age, disability).
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Solow Growth Live: Costaria National Development Council
Build the Solow growth model from scratch, calibrate it to Costaria (a fictional mid-income LATAM economy), run policy experiments on the savings…
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Stretch the Frontier: Economic Growth & the PPF
A macroeconomics strategy simulation.
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The Big Push vs Gradualism — Industrial Policy in Costaria
Allocate scarce public capital across sectors of a small mid-income economy.
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The Central Bank Junior — Setting the Rate When You Are Sixteen
Sit on the Monetary Policy Committee of the Banco Central de Costaria for two years.
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The Divide: Lorenz Curves & the Policy Lever
A 5-round simulation in which the learner acts as an HM Treasury inequality advisor: plotting Lorenz Curves, estimating the Gini coefficient…
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The Impossible Trade-off: Phillips Curve & NAIRU
Travel through six decades of UK macroeconomic history as economic advisor to the Prime Minister.
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The Inflation Dial — Pizza Prices Tell a Story
Build a CPI from a 6-item basket, diagnose three inflation episodes (demand-pull, cost-push, monetary), and choose a standing monetary-policy regime.
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The IS-LM Flight Simulator
Build the IS and LM curves from first principles, run the four canonical fiscal-monetary policy experiments on the calibrated economy of Costaria…
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The Public-Goods Park
Eighty households share a falling-apart neighbourhood park in Verdura, Costaria.
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The Resource Curse — Managing the Windfall
Manage the Republic of Petrolia's offshore-gas windfall over 15 years of production.
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Unemployment Types — Frictional, Structural, Cyclical at Your Local Mall
Take a closing shopping mall, meet eight people losing their jobs, classify each unemployment type and discover that one number — 8% unemployment…
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Unlocking Potential: Supply-Side Policies for Long-Run Growth
Advise the UK Prime Minister on a 5-year supply-side reform agenda.
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Where Does Your Tax Go - Allocating a National Budget
A high-school civic and public economics simulation.
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Análisis Costo-Beneficio de Políticas Públicas
Simulación avanzada donde el participante aplica la metodología de análisis costo-beneficio (CBA) para evaluar cuatro proyectos de inversión pública…
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Competitividad Regional en Colombia
Simulacion avanzada donde el aprendiz lidera la estrategia de competitividad de un departamento colombiano durante 8 años, asignando presupuesto…
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Economía del Conflicto en Colombia
Simulación de 4 rondas sobre oportunidades de negocio en territorios post-conflicto colombianos.
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Economía del Cuidado en Colombia
Simulación que explora la economía del cuidado en Colombia, donde los participantes gestionan una empresa que debe equilibrar rentabilidad con el…
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Migración Venezolana y Economía Colombiana
Simulación sobre el impacto económico de la migración venezolana en el mercado laboral colombiano y la respuesta estratégica de una empresa
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Política Monetaria del Banco de la República
Simulación sobre el impacto de las decisiones de tasa de interés del Banco de la República de Colombia en las operaciones, financiamiento y valor de…
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Turismo y Economía Regional en Colombia
Simulación de análisis económico aplicado: turismo sostenible, distribución de beneficios y desarrollo regional en Colombia.
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Vall Oberta
Simulación estratégica de diversificación económica de un microestado alpino, en cinco ejercicios anuales (2027-2031).
Microeconomics39
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Auction Design Lab — English, Dutch, Sealed-Bid, Vickrey
Bid through four canonical auction formats (English, Dutch, first-price sealed-bid, Vickrey), discover the Revenue Equivalence Theorem empirically…
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Bargaining and the Ultimatum Game
Run a behavioural-economics lab on yourselves, derive the Rubinstein alternating-offers equilibrium, and design Aldebran's counter-offer to a 15%…
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Boom Town, Bust Town: YED & XED in Action
Apply Income Elasticity (YED) and Cross Elasticity (XED) of Demand as a FreshMart category manager navigating booms, recessions, price wars and…
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Choice Architect: Nudge, Bias and the Irrational Consumer
A behavioural economics simulation where the learner acts as a Choice Architect at the UK Nudge Unit — diagnosing cognitive biases and designing…
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Consumer & Producer Surplus — The Concert Ticket Game
A 700-seat hall, a viral band, and four prices on the table.
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Elasticity in the Cafeteria
Two pricing tests at a school cafeteria reveal price elasticity of demand.
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Externalities & the Schoolyard
Apply three Pigouvian-style policy tools — fee, tradable permits, command regulation — to a real schoolyard externality.
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Health Economics 101 — Costaria Cabinet Brief
Advise the Costaria Ministry of Health on three connected economic decisions — Grossman demand for health, insurance-pool architecture (M1–M6…
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Hyperbolic Discounting — Why Your Future-Self Disagrees
Behavioral-economics lab in three rounds.
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Industrial Organisation — Entry, Exit & Predatory Pricing
Run a three-firm Costarian beverage industry through the full entry / fight / exit cycle.
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Information Asymmetry — The Used Bicycle Market
A teen-friendly Lemons market: watch a Saturday bicycle market in Plaza Rosales unravel under one-sided information, then design the mechanisms…
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Insurance Markets Lab — Adverse Selection and Moral Hazard
Run a health-insurance pool that unravels in real time, then design the institutional fix.
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Labour Economics Lab — Search, Matching, Minimum Wage Effects
Stand in the shoes of a Costarian Ministry of Labour strategy team.
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LemonMarket: Information Economics
Interactive simulation where learners act as market regulators designing interventions to combat adverse selection in a used car market with…
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Limonada Lúa 360° — Supply, Demand & the First Price Ceiling
A 3-round HS microeconomics simulation: discover the demand curve in a heatwave, then live through a binding €1 price ceiling and the unintended…
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Limonada Lúa — Supply, Demand & the First Price Ceiling
A 3-round HS microeconomics simulation: discover the demand curve in a heatwave, then live through a binding €1 price ceiling and the unintended…
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Market Structures Live - From Perfect Competition to Monopoly in Four Rounds
A four-round microeconomics lab.
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Maya's Ice-Cream Stall: Demand & Supply
A 5-day arcade-style simulation where the learner runs Maya's Brighton Beach ice-cream stall, setting price and production under weather, cost, and…
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MBA Week 0 — Quant Microecon Bootcamp
An MBA Week-Zero quantitative microeconomics bootcamp.
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Mechanism Design 101: Designing the Rules
Three real allocation problems land on your policy-lab desk — schools, kidneys, refugees.
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Merger Under Scrutiny — The CCI Antitrust Economist
A four-round, advanced competition-economics simulation set inside the Competition Commission of India (CCI), Combination Division, New Delhi.
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Minimum Wage: Help or Hurt?
A labour-market policy experiment where students act as HM Treasury advisors, setting wage floors in competitive and monopsony markets to discover…
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Nudge to Comply — Brisbane Metro Utilities' 90-Day Behavioural Pilot
A four-round, intermediate behavioural-science and customer-transformation simulation set inside Brisbane Metro Utilities Ltd (BMU), a Queensland…
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Petrol Station Stand-Off
Simulation to teach oligopoly, game theory, and the prisoner's dilemma through a petrol station pricing stand-off between two rival firms at a…
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Price Controls: Ceilings, Floors and Unintended Consequences
Play the government regulator of Millhaven.
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Smog City: Negative Externalities and Pigouvian Tax
UK A-Level Economics simulation.
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Sole Trader vs Market: Monopoly vs Perfect Competition
Experience how market structure determines price and welfare by managing a pharmaceutical firm through monopoly and perfect competition phases
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The Duopoly Lab — Cournot vs. Bertrand vs. Stackelberg
Run Helio Verde Beverages through three classical models of duopoly competition against rival Boravia Drinks.
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The Endowment Effect Lab
A 30-minute experimental-replication simulation of the WTA/WTP gap (Kahneman-Knetsch-Thaler 1990), stress-tested against List 2003 (trader…
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The Lighthouse: Public Goods & Free-Rider Problem
Explore why markets under-provide public goods through a lighthouse funding game with three AI captains.
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The Market Spectrum: From Perfect Competition to Monopoly
A-Level microeconomics synthesis simulation.
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The Minimum Wage Lab — Help or Harm?
A three-round microeconomics lab.
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The Nudge Bureau: Merit Goods, Demerit Goods & the State
A policy-lab simulation where the player runs a UK cross-government unit advising on merit and demerit goods.
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The Open Gate: Contestable Markets & Hit-and-Run Entry
Alternate between incumbent CEO and entrant CEO across 5 rounds to discover Baumol's contestability theory — that what disciplines firms is not…
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The Price Tag Game: Price Elasticity of Demand
UK A-Level arcade simulation in which the player acts as a pricing consultant for three different clients (a cinema chain, an insulin supplier, and…
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The Supply Stretch: Price Elasticity of Supply
Manage production across four industries — oil, strawberries, digital music, and custom furniture — and learn how Price Elasticity of Supply (PES)…
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Fill the Triangle: Consumer & Producer Surplus
Analisis de bienestar economico en mercados colombianos de entretenimiento en vivo.
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Mercado Laboral Colombiano
Simulación sobre dinámicas de oferta y demanda laboral, informalidad y política pública en el mercado laboral colombiano.
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Pensamiento Sistémico: Café Colombiano
Simulación de pensamiento sistémico donde los participantes gestionan política de precio fijo en la cadena de valor del café colombiano, enfrentando…
International Economics13
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BoP Tracker: Balance of Payments Dynamics
Interactive exercise exploring how macroeconomic shocks reshape a country balance of payments.
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Comparative Advantage Live
Two countries discover that even when one is better at everything, both gain from specialising and trading according to comparative advantage.
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Heckscher-Ohlin in a Box — Why Trade Patterns Look the Way They Do
Build the two-country, two-good, two-factor Heckscher-Ohlin model from first principles for the Costaria-Boravia pair.
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Integrate the Region — Sequencing Maritima's Single-Market Accession
A four-round, advanced economic-policy simulation set inside the Maritima National Economic Council (MNEC), the inter-ministerial body of the…
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Sterling Swings: Exchange Rates and The Current Account
Advise HM Treasury as Chief Trade Economist.
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Supply Chain Around the World — Where Does Your Phone Come From?
Trace the global supply chain of a mid-range €450 smartphone (the Tela 12) across six countries.
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Tariff War Simulator: Three Rounds of Retaliation
Run the Costarian Cabinet through an escalating trade dispute with Boravia.
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The Ledger: Balance of Payments & What It Really Means
Step into the shoes of the UK Chief Statistician at the ONS.
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The Migration Trade-off — Labour Markets and Borders
Three-round policy simulation set in two fictional twin economies (Costaria and Boravia).
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The Mundell-Fleming Dilemma
Add the balance-of-payments curve to IS-LM, run the four canonical fiscal-monetary experiments under fixed and floating exchange rates, and choose…
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The Optimum Currency Area Test
Apply Mundell seven OCA criteria to evaluate whether five neighbouring economies should share a currency.
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The Real Exchange Rate — Big Mac to Balassa-Samuelson
Build the Law of One Price, Purchasing Power Parity, the Real Exchange Rate, and the Balassa-Samuelson hypothesis from scratch on Costarian data.
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Trade Wars: Tariffs, Quotas and the Politics of Protectionism
Advanced A-Level economics simulation where the learner plays UK Secretary of State for Business and Trade across five trade-policy dilemmas…
Applied Econometrics7
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DiD in the Wild — A Policy Evaluation
Estimate the effect of a regional R&D tax credit four ways.
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EconoBox: Econometrics Lab
Interactive econometrics lab where students work through OLS, Instrumental Variables, Panel Data, and Difference-in-Differences methods to learn…
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EconoMetric: Financial Econometrics Workbench
Interactive workbench where students apply time series econometric models (ADF, ARMA, GARCH, Cointegration) to financial data across 5 asset…
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Education Economics — Returns to Schooling, Signalling, Selection
Estimate the causal return to a Costarian university degree, decompose the gross premium into human-capital, signalling and selection channels, and…
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Instrumental Variables Lab — When OLS Lies
Three real published cases — schooling, the Vietnam draft, colonial institutions — walked end to end.
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Panel Data Workshop — Fixed Effects vs Random Effects in Action
A four-round empirical-econometrics workshop set in the Costaria National Productivity Council.
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Regression Discontinuity — A Scholarship Cutoff Tale
Apply sharp regression discontinuity design to estimate the causal effect of the Costaria National Merit Scholarship at the 75-point ENAU cutoff.
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