Playing business games to make business decisions
Business simulation games and economic simulation games are used by the faculty when appropriate. They can form part of a course, and they can be done individually or in groups. The interest in these games lies in their simulation of real-world events using algorithms, as well as the close tying of players' actions to expected or plausible consequences and outcomes. As the participants make realistic business decisions and analyze the results of their actions, the important business principles will become a part of their natural thinking.