The Ledger: Balance of Payments & What It Really Means
Step into the shoes of the UK Chief Statistician at the ONS.
About this simulation
Apply Mundell seven OCA criteria to evaluate whether five neighbouring economies should share a currency. Score the CRIC bloc against the Eurozone, the CFA Franc Zone and the US dollar zone, choose between forming the union now, deferring with architecture-first, or softer integration, and stress-test the call across a 15-year horizon with asymmetric commodity and financial shocks.
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
- The instructor creates a session from the Eureka dashboard and invites the participants.
- Participants play 15 rounds. In each one they submit their decisions and the simulation calculates the results.
- 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.