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BIZ-OMICS

Economics: Macroeconomics Simulation Lab

Economics: Macroeconomics Simulation Lab

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Buy the Macroeconomics Simulation Lab bundle to get both resources at a discounted rate compared with purchasing individually.

A complete suite of browser-based simulators designed to help A-Level Economics students explore, manipulate, and visualise key macroeconomic concepts through hands-on, intuitive models. Ideal for classrooms, independent study, and assessment preparation.

Phillips Machine Economic Simulator (2 versions):

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.

A stylised recreation of the classic "Moniac" hydraulic model. Students use this macroeconomic dashboard to manage a simulated economy by adjusting government spending, taxation, and trade levels — observing effects on GDP, inflation, and unemployment in real time.

An enhanced version includes time-lags.

Phillips Curve Visualiser:

This simulator displays both the short-run and long-run Phillips Curve, plotting inflation against unemployment. Students can select historical scenarios (e.g. the 1970s stagflation, the Volcker Shock, or Modern Era) to see how theory maps to real data.

Inflation Basket Simulator:

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.

A tool that lets learners build their own "basket of goods," assign item weights, and simulate changes in prices across food, energy, transport, and more. Students can test how inflation rates are calculated and how economic shocks impact different categories of consumer prices.

Circular Flow of Income Visualiser:

This interactive diagram allows students to explore the flow of money between households, firms, government, the financial sector, and international trade. Users can simulate real-world scenarios like recessions, government stimulus, or economic booms — and watch how money flows change across the economy.

The Economic Cycle Game

An engaging, interactive learning tool designed to help students understand the key concepts of the business cycle, including positive and negative output gaps. Combining visual diagrams, gamified interaction, and instant feedback, this activity transforms a traditionally abstract topic into an accessible and memorable experience.

Students are guided through the phases of the economic cycle with a dynamic animated diagram and two drag-and-drop zones representing boom and recession. Learners must classify thirty economic statements by matching each to the correct output gap, reinforcing understanding through repetition and applied reasoning. A live score tracker and end-of-game feedback provide motivation and self-assessment, while the responsive layout ensures smooth use across devices.

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