IE Business School Online Masters
blended.team
September 13, 2011
Predicting the Price of Oil – playing this game makes it easy!

The global petroleum market is something that is always making news. Whether it’s OPEC dictating output or governments imposing new tax regulations, such topics are always likely to cause great debate amongst economists. The World Oil Prices game brings this discussion to the classroom – through the use of basic economics – the Supply and Demand model.

The game is made up of 15 real events, some dating back to the early 70s. The idea is to study the event in question and to think about how this event affects the supply of oil on the world market, its demand, or even both. By applying supply and demand theory economics correctly, through the use of an interactive graph, you should be able to predict whether each event has a positive or negative effect on the price of oil. After playing the game the posterior class discussion focuses on analyzing the movements of the supply and demand for each scenario, thus helping students to feel more confident applying the model.

World Oil Prices can be accessed by visiting the following link and is adapted for both CPU’s and mobile devices.

So, what effects did the Iranian revolution in 1979 have on oil prices? Or the hurricanes that caused havoc across the Gulf of Mexico in 2005? Play the game to find out!

This is only one of a great number of interactive resources; visit the IE multimedia documentation catalogue to experience more.


blended.team
July 7, 2011
The Elevator Game

The Elevator

Would you like to excel at your job? Why don’t you give this game a try?

The Elevator is a game which offers an easy structured simulation with a wide range of realistic dilemmas that may occur in modern organizations. The student begins the game, and consequently his/her career from an entry level position at a fictitious company which should be the company of your dreams.
Students will have to face different situations, ethical issues and they will have to make their own decisions and see how their performance leads them to climb the hierarchy at work or not. An excellent performance could mean that a top management position could be reached in the organization and why not become the CEO of the company. Is this one of your challenges?
Many students have already played the game an it fosters the class discussion on the Organizational Behaviour courses of our Master Programmes. Furthermore, we have also launched a Facebook app so everybody is free to play The Elevator.
To access the material you can click on the following link and to access the Facebook app click on:

http://apps.facebook.com/ie_the_elevator/


 
Close
Send By E-mail
 

We use both our own and third-party cookies to enhance our services and to offer you the content that most suits your preferences by analysing your browsing habits. Your continued use of the site means that you accept these cookies. You may change your settings and obtain more information here. Accept