Economics · Macroeconomics

Fiscal Policy Workshop — Tax & Spend in a Recession

Sit on the Costaria Cabinet during a real recession. Choose the tax-and-spending mix from a CO$30bn package, watch multipliers play out across two years, and discover that stimulus is six different policies in one word.

3 rounds MBA & Masters English, Español
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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 3 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:

  • L1 — Income Tax Cut
  • L2 — VAT Cut
  • L3 — Transfers / Benefits
  • L4 — Infrastructure
  • L5 — Public Hiring
  • L6 — Retraining / ALMPs
  • Deployment timing
  • Hold back as Year-2 contingency (CO$bn, 0–10)
  • Bond market
  • Voters / town hall

What participants track

What participants follow on screen as the rounds go by:

  • Allocate CO$30 billion across six fiscal levers
  • Choose deployment timing and contingency reserve
  • Communicate to three constituencies

Subjects covered

Designed for courses in Macroeconomics.

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