In today’s world, knowledge about global affairs, economics, politics and country systems is extremely important to understand how to react to different circumstances in a constantly changing economic environment.

This new simulator, created by IE University Publishing and IE Business School Economics Professor, Gayle Allard, deals with these topics and is intended for students of any Economics course, offering an interactive and dynamic tool to learn about economic policy making.

This single-player multimedia material aims to portray macroeconomic concepts that are specifically related to the effects of decision-making, the creation of certain economic policies, external factors that affect economies, and the implementation of certain actions to create stability in a country.

During the game, students will act as the government of a medium-sized developed country with its own currency and central bank. As president, they will control fiscal, monetary, structural, and exchange rate policy, and face elections at least every four years. The decisions taken will influence the country's GDP, internal and external debt levels, risk perception, and political popularity.

Professor Gayle Allard has a PhD in Economics from the University of California and extensive academic experience in the world of economics. Her research and publications comprise of more than 50 learning materials that include case studies, technical notes, simulations, and videos both in written and interactive formats that were developed in collaboration with IE University Publishing.

Watch the video trailer of the Policy Dilemma simulator 

Click here to learn more about this new simulator