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Fair Model part of Teaching Methods:Teaching with Simulations:Examples
The Fair model web site includes a freely available United States macroeconomic econometric model and a multicounty econometric model. The models run on the Windows OS. Instructors can use the models to teach ...

Dynamic Integrated Climate Change Model (DICE) part of Teaching Methods:Teaching with Simulations:Examples
The Dynamic Integrated Climate Change (DICE) model assumes a single world producer must chose levels for three simultaneously determined variables: current consumption, investment, and greenhouse gases reduction. ...

Zero-Intelligence Trading in Markets part of Teaching Methods:Teaching with Simulations:Examples
A Netlogo implementation of Gode and Sunders (1993) ZI-Trading model. Students explore whether efficiency in the market is determined by the market or by human rationality.

Iterated Prisoner's Dilemma part of Teaching Methods:Teaching with Simulations:Examples
A lab exercise using a Netlogo simulation to explore alternative strategies in an iterated prisoner's dilemma mode.

Using Excel Spreadsheets to Explore Profit Maximization part of Teaching Methods:Teaching with Simulations:Examples
This exercise uses a simple Excel spreadsheet to explore the concept of profit-maximization for a perfectly competitive firm.

Using Jeremy's Market in MarketSim to understand utility maximization part of Teaching Methods:Teaching with Simulations:Examples
Jeremy's Market in MarketSim makes students responsible for a household. Students make production and consumption decision to try to maximize household utility.

Basic Monte Carlo Simulation for Beginning Econometrics part of Teaching Methods:Teaching with Simulations:Examples
Beginning econometrics students often have an uneven preparation in statistics. The simulation gives students a clearer understanding of the behavior of OLS estimators.

Stata Monte Carlo Simulation for Heteroskedasticity part of Teaching Methods:Teaching with Simulations:Examples
This is a simulation for a beginning econometrics course that shows students how heteroskedasticity biases an estimator and why the power of a statistical text is important.

Hobson's Choice: A Game Simulation about Homelessness part of Teaching Methods:Teaching with Simulations:Examples
Hobson's choice is a game about homelessness and how difficult it is to get off the streets and leave the situation of homelessness.It is a useful learning activity for helping students understand the differences between blaming the victim and structural causes of poverty.

Population Simulator part of Teaching Methods:Teaching with Simulations:Examples
This simulation uses United Nations world population projections to simulate future population trends for the whole world or of individual countries. Students will have an opportunity to examine population trends and make predictions.