Skip to product information
1 of 1

BIZ-OMICS

Economics: Scarcity Game (Scarcity and Resource Allocation Game)

Economics: Scarcity Game (Scarcity and Resource Allocation Game)

Regular price £4.00 GBP
Regular price Sale price £4.00 GBP
Sale Sold out
Taxes included.
Quantity

What students do: Choose among Family Budget, Government Spending, Business Resources, or Student Time scenarios; allocate limited resources via sliders; watch satisfaction, feasibility/over-budget alerts, resource-usage bars, and an optional “Prioritise Essential Needs First” rule that enforces staged allocation.

Grasp scarcity, needs vs wants, and opportunity cost through concrete resource/priority structures.

Transfer concepts to realistic multi-constraint settings (household, government, firm, student time).

Analyse trade-offs and efficiency using live metrics (satisfaction %, resource usage, feasibility).

Justify allocations under rules (e.g., needs-first tiers), reflect on equity vs efficiency, and consider alternative budget mixes.

 

 

View full details