If you have played Monopoly at least once, you have experienced the feelings related to the power of being wealthy or to losing everything you have, and you have seen how ruthless capitalism can be and how risky a business it is to get involved in real estate. By playing a game, you have been introduced to economic ideas and practices.
Have you ever thought that games have been used to promote economic ideas, practices, principles, economic theories and even economic systems? And have you ever heard of the games known as “business simulation games”, “economic simulation games”, “management simulations” or “tycoon games”?