This business game will improve
your skills in exporting, choosing target countries, fixing prices and
quantities, while surfing between business cycles and changes in the cost
structure. You'll better understand how the exchange
rate impacts on exports and
to this business game, find out your own answers to the following questions:
are the main effects of the opportunity to export?
are the effects of falling exchange
rate on exports and imports?
Please note that you can save the time series generated in this model to any statistical package (SPSS, Excel,...), so to analyse them in the standard way.
In other words,the data generated in this model are formally identical to real world data, thus you can test the empirical realism of it.
The model heavily draws on our previous model "You are a monopolist", which is an easy introduction to the kind of strategic and operative reasoning needed to succeed in the present business game.
Accordingly, we warmly invite you to play also to "You are a monopolist". You might further read the related paper in which we offer some reflections on the differences between current mainstream neoclassical microeconomics and the strand of research leading to the present models.
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