AD-AS Under Shocks — Supply, Demand, Stagflation
Take the seat of Costaria's central-bank chief economist.
Manage the Republic of Petrolia's offshore-gas windfall over 15 years of production.
Manage the Republic of Petrolia's offshore-gas windfall over 15 years of production.
Allocate royalties across a sovereign wealth fund, immediate public spending, and a direct citizen dividend; choose Norway-style foreign-asset, Chile-style structural-balance, and constitutional-transparency rules; navigate the Dutch-disease channel, fiscal volatility, and the institutional preconditions that the modern resource-curse literature identifies as the binding variable.
Discover that the resource curse is not a curse of resources but of institutional weakness in the presence of resource rents.
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.
The decisions participants make during the simulation:
What participants follow on screen as the rounds go by:
Designed for courses in Macroeconomics.
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