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Monetary policy game
Skill – the monetary policy game
Try your hand as the governor of a central bank! The monetary policy game takes place over an imaginary period of ten years. The player is given quarterly data on the economic development, and the object is to attain financial stability by changing the key interest rate and hence enhance the wellbeing of society. After the game you get a report on the macroeconomic developments, such as inflation, interest rate and output. The five last scores are also shown.
The game is by no means easy: the danger of deflation is ever present, and it is relatively easy to let inflation run higher than the optimum target. The game illustrates the regularities of economy and the difficulties in monetary policy quickly and entertainingly.
Minimum recommendation: 128 MB RAM, 500 MHz CPU, sound card. 32-bit colour monitor with 1024 x 768 resolution or better.
The game requires the Macromedia Shockwave Player 8.5 software. If you do not have this on your computer, you can install it for free from here.
The game will take a few moments to load. The size of the file is about 2.5 MB.
You can start the game from the adjacent link. » Monetary policy game