A Note on Simulation Models in the Economics Classroom


Publication: Journal of Economic Education

Volume: Volume 18, No. 3

Issue: Summer 1987

Pages: pp. 351-356

Author(s): Edward Day

Title: A Note on Simulation Models in the Economics Classroom

Abstract: This article describes an alternative to mechanistic simulation models. Students themselves construct the macroeconomic model in a way that is simple and that develops understanding of the theoretical relationships and facility with data use.



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