Economics: Fiscal Policy Simulator – Chancellor Challenge!

Step into the Chancellor's shoes and deliver the UK’s Spring or Autumn Budget. This interactive simulation allows students to adjust tax rates and government spending across sectors like NHS, education, defence, and transport. As the simulation unfolds, learners witness real-time changes to key indicators such as public approval, NHS satisfaction, GDP growth, and inflation. A powerful tool for applying theory to realistic fiscal dilemmas, it reinforces economic trade-offs and public finance principles through dynamic stakeholder feedback and multi-year outcomes.

This HTML simulator is accompanied by a supporting PDF document, designed to help teachers integrate the resource effectively into the classroom with ideas for use, key discussion questions, and reflection prompts.

Key Learning Outcomes:

Understand budget balancing through tax and spending decisions

Analyse the macroeconomic impact of fiscal policy (GDP, inflation, unemployment)

Evaluate stakeholder reactions from the public, media, markets, and institutions

The HTML is accompanied with a PDF worksheet (of classroom ideas).