Simulations and games in economics education

Simulations and games in economics education can be thought of as mini versions of real life economic situations. They help teach people, especially younger people, the basics of how money, budgets, and trading work in the real world.

Examples of simulations and games in economics education could be a game where you buy and sell things as if you were at a market, a game where you have to decide how to spend a certain amount of money on different items, or a game where you pretend to be a factory and make items to sell for money.

These games can help people learn the basics of how economics works, how money is spent and made, and how different decisions can affect budgets and decisions. By learning these basics in a fun and engaging way, students can become more confident in economics and be better prepared for their future.