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Cataloged Resource Summary

 

Title

The Savings/Consumption Game: An Update

Author

Jurgen Brauer

Category

Macroeconomics and Monetary Economics

Type

Non-computerized experiment

Description

A few years ago, I published a piece in this journal, entitled "A Savings/ Consumption Game for Introductory Macro-economics" (Brauer, 1994). Following a survey of available classroom games and participatory exercises, I found that most such games address issues of micro-economics, and I therefore set out to design an exercise of potential use in the teaching of introductory macroeconomics. The idea of the exercise is straightforward. Instead of merely presenting to students the graphical representation of the theoretical concept of a consumption function (C = a + bY, where C is consumption and Y is national income), why not simply collect data from the students themselves about how their own consumption (and savings) behavior might be affected if their own income were to change.

URL

http://mcnet.marietta.edu/~delemeeg/expernom/s98.html#brauer

Home URL

http://mcnet.marietta.edu/~delemeeg/expernom.html
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