What is the purpose of the FS Simulator?
The purpose of the FS Simulator is to integrate technology into the classroom. The game was designed to give students the opportunity to put their money and banking knowledge to use in a computer simulation of the financial system. The student teams set the monetary policy for each of their economies. The simulation manipulates the numbers by sending shocks through an economic (IS/LM) model. The game then generates economic statistics for each of the teams so they can see how the decisions they make affect their economy.