Economics Simulation for the Classroom | Elasticity & Competition

Economics simulation

Make market mechanisms visible.

ClassTycoon puts elasticity, differentiation, scarcity, and competitive response into a market students can operate—and then explain.

Demand

Price elasticity

Teams see how price changes affect demand, revenue, and share relative to competing offers.

Differentiation

Non-price competition

Marketing and R&D shift Brand Index and Quality Index over time instead of acting as instant score boosts.

Constraint

Scarcity and trade-offs

Production, inventory, cash, and financing constraints force choices with measurable opportunity costs.

Designed for explanation

No unexplained winner screen.

The simulation records structured reasons behind material changes, while instructors retain the complete cross-team view.

01

Compare against the market

Market Share sits alongside price, Brand Index, Quality Index, and available supply.

02

Follow the money

Revenue, direct costs, overhead, financing, and ending cash remain visible as distinct measures.

03

Replay the reasoning

Round history supports a debrief that moves from observation to economic explanation.

Build an economics lesson around a live market.

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