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10 Downing Street

10 Downing Street - IE multimedia documentation

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<strong>10</strong> <strong>Downing</strong> <strong>Street</strong> Simulation EC1-126-I-M<br />

<strong>10</strong> <strong>Downing</strong> <strong>Street</strong> is an economic policy simulator in which players adopt the role of Prime Minister of the<br />

United Kingdom. The simulation is based around a series of videos with students playing through 6 turns<br />

in an attempt to avoid recession and bring economic stability to the country.<br />

Amongst the topics<br />

discussed in the<br />

simulation are:<br />

• Demand and<br />

consumption<br />

• Recession<br />

• Interest rates<br />

• Taxes<br />

• Fiscal deficit<br />

1


<strong>10</strong> <strong>Downing</strong> <strong>Street</strong> Simulation EC1-126-I-M<br />

In each turn, students are shown a video detailing a dilemma that the Prime Minister must deal with.<br />

Three government advisors provide their opinions and students then vote as to which direction should<br />

be followed. After voting, a second video for the turn provides feedback and explains how the economy<br />

reacted to the steps taken.<br />

2


<strong>10</strong> <strong>Downing</strong> <strong>Street</strong> Simulation EC1-126-I-M<br />

Players form teams of some 3 or 4 students per team and place their votes through their computer.<br />

After each turn the central projector of the classroom shows a poll which evaluates the class’<br />

performance using the opinions of IE professors and people of interest.<br />

3

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