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…
About this simulation
Build the Law of One Price, Purchasing Power Parity, the Real Exchange Rate, and the Balassa-Samuelson hypothesis from scratch on Costarian data. Diagnose whether a decade of real appreciation is structural productivity, capital-flow misalignment, or Dutch disease — and recommend the policy posture that matches the diagnosis.
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 9 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.