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The Economic Problem Game The Economic Problem Game

The Economic Problem Game - PowerPoint Presentation

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The Economic Problem Game - PPT Presentation

What to produce How to produce For whom to Produce The Rewards Commandtopia You start off with a prize for every member of commandtopia every time you fail to meet a plan you lose one ID: 792134

goods produce ice cars produce goods cars ice cream balloons ridesfm grand 2balloonsfm creamfm planes consumer freemarketopia mixtopia price

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Presentation Transcript

Slide1

The Economic Problem Game

What to produce?How to produce?For whom to Produce?

Slide2

The Rewards…

Commandtopia – You start off with a prize for every member of commandtopia – every time you fail to meet a plan you lose one!

Mixtopia – You will receive a prize for $200 at the end of year 3 Freemarketopia – You will receive a prize for $200 at the end of year3

Slide3

Our little world

CommandtopiaRevolutionary comrades! The motherland has emerged from the great revolution united and joyous however we are weak and our enemies in

Freemarketopia will crush us if we do not industrialize rapidly and produce.Therefore In deciding who to produce for “each according to his ability, each according to his need!”

we will use as our principle

MixtopiaHi Folks we in Mixtopia, we like the good things in life a lot… but we’re not so stupid that we don’t plan for those little things in life that can seriously put a spanner in the works! A fire, some crime, even a war – life's little challenges sent to test us, collectively we’ll get through it OK.

Freemarketopia

Markets work and that’s simple – Consumers want stuff they’ve got infinite wants – well don’t you?The price goes up/suppliers want to supply it. Prices are low, heck, no-one wants it and we businesses don’t supply it – It’s simple as that!

Slide4

Round 1 – What to produce?

CommandtopiaIt is the Beginning of the Glorious First Year Plan: All

Labour, Land and Capital are owned by the state:Our planners decide that the following goods must be produced by the end of the first year OF THE PLAN!

Mixtopia

Ok so here are the current market prices, but you also need to produce at least 2 buses and 1 balloon

Freemarketopia

Traders these are the market prices for the following goods at the moment:

Planes

5

Balloons

2

Cars

1

Grand Piano

FM$50

Sofa

FM$20

Plane

s

FM$15

Beds

FM$25

Ice cream

FM$10

Bus rides

FM$2BalloonsCarsFM$5FM$45

Grand PianoFM$50SofaFM$20PlanesFM$30BedsFM$25Ice creamFM$10Bus ridesFM$2BalloonsFM$5

Slide5

Round 1 – How to produce?

CommandtopiaJust Produce However!!!Meet the plan by all means!!

Mixtopia

Start with the 2 buses and 1 balloon For every perfectly colored and precise piece triple the price below

FreemarketopiaFor every perfectly colored and precise piece triple the price below

Planes

5

Balloons

2

Cars

1

Grand Piano

FM$50

Sofa

FM$20

Plane

s/cars

FM$10

Beds

FM$25

Ice cream

FM$10

Bus rides

FM$2

BalloonsFM$4Grand PianoFM$50Sofa

FM$20Planes/carsFM$7BedsFM$25Ice creamFM$10Bus ridesFM$2BalloonsFM$5

Slide6

Round 1 – For whom to produce?

CommandtopiaPlanes and balloons are public property owned and operated by the state for the people

Our consumer goods (cars) are distributed on the principle “each according to his ability, each according to his need!” In other words you get proportionately the consumer goods for the size of your family! Work it out!!

Mixtopia

The buses and balloons are public property. Though from the money you have earned you will need to pay 50% tax to the government, though you can trade what’s left over

Freemarketopia

For every perfectly colored and precise piece triple the price below – You keep all your money and you can trade in your group

Planes

5

Balloons

2

Cars

1

Grand Piano

FM$50

Sofa

FM$20

Plane

s

FM$30

Beds/cars

FM$25

Ice cream

FM$10

Bus rides

FM$2BalloonsFM$4Grand PianoFM$50

SofaFM$20PlanesFM$30Beds/carsFM$25Ice creamFM$10Bus ridesFM$2BalloonsFM$5

Slide7

Round 2 – What to produce?

Commandtopia

It is the Beginning of the Glorious Second Year Plan: All

Labour, Land and Capital are owned by the state:This year the fruits of the revolution will become apparent – you will produce Ice Cream - at all costs!!!

Mixtopia

Ok so here are the current market prices, but you also need to again produce at least 2 buses and 1 balloon

Freemarketopia

Traders these are the market prices for the following goods at the moment:

Planes

3

Balloons

2

Cars

1

Ice cream

3

Change

Grand Piano

FM$80

Sofa

FM$40

Plane

s

FM$10

Beds/cars

FM$5Ice creamFM$5

Bus ridesFM$2BalloonsFM$40ChangeGrand PianoFM$100SofaFM$30PlanesFM$40Beds/carsFM$30Ice cream

FM$10

Bus ridesFM$10Balloons

FM$40

Slide8

Round 2 – How to produce?

Commandtopia

Just Produce However!!!

Meet the plan by all means!! Or be purged !!! Or sent to the Gulag!!

MixtopiaStart with the 2 buses and 1 balloon

For every perfectly colored and precise piece triple the price below

FreemarketopiaFor every perfectly colored and precise piece quadruple the price below

Planes

5

Balloons

2

Cars

1

Grand Piano

FM$50

Sofa

FM$20

Plane

s

FM$30

Beds/cars

FM$25

Ice cream

FM$10

Bus rides

FM$2BalloonsFM$4

Grand PianoFM$200SofaFM$20PlanesFM$30Beds/carsFM$25Ice creamFM$10Bus ridesFM$2BalloonsFM$5

Slide9

Round 2 – For whom to produce?

Commandtopia

Planes and balloons are public property owned and operated by the state for the people

Our consumer goods (cars and ice cream) are distributed on the principle “each according to his ability, each according to his need!” In other words you get proportionately the consumer goods for the size of your family! Work it out!!

Mixtopia

The buses and balloons are public services. Though to pay for these you will need to pay 50% tax to the government, though you can trade what’s left over.

Freemarketopia

For every perfectly colored and precise piece triple the price below – You keep all your money and you can trade in your group

Planes

5

Balloons

2

Cars

1

Grand Piano

FM$50

Sofa

FM$20

Plane

s

FM$30

Beds

FM$25

Ice cream

FM$10

Bus ridesFM$2BalloonsFM$4

Grand PianoFM$50SofaFM$20PlanesFM$30BedsFM$25Ice creamFM$10Bus ridesFM$2BalloonsFM$5

Slide10

Round 3 – What to produce?

Commandtopia

It is the Beginning of the Glorious Third Year Plan: All

Labour, Land and Capital are owned by the state:You will produce Ice Cream and Cars to sweeten the coming war….

Mixtopia

Ok so here are the current market prices, but you also need to again produce at least 2 buses and 1 balloon

Freemarketopia

Traders these are the market prices for the following goods at the moment:

Planes

3

Balloons

2

Cars

1

Ice cream

5

Change

Grand Piano

FM$150

Sofa

FM$30

Plane

s

FM$10

Beds/cars

FM$15Ice creamFM$10

Bus ridesFM$10BalloonsFM$10ChangeGrand PianoFM$120SofaFM$40PlanesFM$20Beds/carsFM$50Ice cream

FM$2

Bus ridesFM$10Balloons

FM$50

Slide11

Round 3 – How to produce?

Commandtopia

Just Produce However!!!

Meet the plan by all means!! You are a loyal commandtopia worker- Life is becoming better…life is becoming more joyous comrade!!

Mixtopia

Start with the 2 buses and 1 balloon For every perfectly colored and precise piece triple the price below

Freemarketopia

For every perfectly colored and precise piece quadruple the price below

Planes

5

Balloons

2

Cars

2

Ice cream

5

Grand Piano

FM$50

Sofa

FM$20

Plane

s

FM$30

Beds

FM$25

Ice creamFM$10Bus ridesFM$2

BalloonsFM$4Grand PianoFM$50SofaFM$20PlanesFM$30BedsFM$25Ice creamFM$10Bus rides

FM$2Balloons

FM$5

Slide12

Round 3 – For whom to produce?

Commandtopia

Planes and balloons are public property owned and operated by the state for the people

Our consumer goods (cars and ice cream) are distributed on the principle “each according to his ability, each according to his need!” In other words you get proportionately the consumer goods for the size of your family! Work it out!!

Mixtopia

The buses and balloons are public services. Though to pay for these you will need to pay 50% tax to the government, though you can trade what’s left over.

Freemarketopia

For every perfectly colored and precise piece triple the price below – You keep all your money and you can trade in your group

Ice

cream

Planes

5

Balloons

2

Cars

2

Grand Piano

FM$50

Sofa

FM$20

Plane

s

FM$30

Beds

FM$25

Ice creamFM$10Bus ridesFM$2BalloonsFM$4

Grand PianoFM$50SofaFM$20PlanesFM$30BedsFM$25Ice creamFM$10Bus ridesFM$2BalloonsFM$5

Slide13

How

does work?

Pros?Cons?

Free market

Mixed economy

Command economy

Slide14

Slide15

Slide16

Slide17

Slide18

Slide19

Product Catalogue

This contains the designs for a variety of private and public sector goods and services

Slide20

Consumer Goods

Slide21

Consumer Goods

Slide22

Consumer Goods

Slide23

Consumer Goods

Slide24

Public Goods

Slide25

Military Goods

Slide26

Capital Goods

Slide27