Economics · Macroeconomics

Where Does Your Tax Go - Allocating a National Budget

A high-school civic and public economics simulation. Four citizen advisors of the Republic of Costaria face a CO$ 100 bn federal budget across 8 categories, must absorb a CO$ 4 bn debt-service shock, and choose a tax instrument to raise CO$ 8 bn.

3 rounds MBA & Masters English, Español

Preview

About this simulation

A high-school civic and public economics simulation. Four citizen advisors of the Republic of Costaria face a CO$ 100 bn federal budget across 8 categories, must absorb a CO$ 4 bn debt-service shock, and choose a tax instrument to raise CO$ 8 bn. Teaches budget shares as policy choices, mandatory vs discretionary spending, opportunity cost at national scale, fiscal incidence, and the equity-efficiency trade-off.

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:

  • Health
  • Education
  • Pensions
  • Defence
  • Infrastructure
  • Public Safety
  • Other
  • Over-funded category
  • Health (max 5)
  • Education (max 5)

Subjects covered

Designed for courses in Macroeconomics.

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