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…
About this simulation
Investigative simulation in the Republic of Costaria. Round 1: classify 24 real-world transactions as in or out of GDP and assign their canonical value. Round 2: build the Minister's Second Number by selecting which household, informal, volunteer and environmental adjustments to apply. Teaches the SNA conventions, the three GDP approaches, and the GDP-vs-welfare distinction.
Who it is for
An introductory simulation that assumes no prior knowledge of the subject, designed for undergraduate courses. It also works in vocational and high-school programmes and in onboarding sessions.
How a session runs
- The instructor creates a session from the Eureka dashboard and invites the participants.
- Participants play 25 rounds. In each one they submit their decisions and the simulation calculates the results. The first round opens with: The Minister Second Number.
- The simulation can be run in English, Español.
- The instructor follows each participant's progress and results from the dashboard, and uses the class results for the debrief.