Skip to main content

MACRO-SYS: An Interactive Macroeconomics Simulator for Advanced Learning

  • Conference paper
  • 1995 Accesses

Part of the book series: Lecture Notes in Computer Science ((LNAI,volume 5991))

Abstract

In this paper it is presented the features and behavior of the tutoring-training system MACRO-SYS. This system allows students to simulate experiments with complex macroeconomic environments. Users have to show their knowledge level by solving the proposed exercises. These exercises represent different economist behaviours. A big advantage of our system is that it allows students to be part of the simulation, interacting and modifying the behavior (parameters), both in the short and long-term, of a real scale economy. If MACRO-SYS detects that the simulated values are strongly deviating from the expected pattern, it will provide hints to the student so that she can change some parameters and bring the economy to the correct (according to the assignment) behavior. Finally, let us remark that, in contrast with most economic models, our system takes into account a huge amount of parameters in order to compute the current state of the economy.

Research partially supported by the Spanish MEC projects WEST/FAST (TIN2006-15578-C02-01) and TESIS (TIN2009-14312-C02-01), and UCM-BSCH programme to fund research groups (GR58/08 - group number 910606).

This is a preview of subscription content, log in via an institution.

Buying options

Chapter
USD   29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD   84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD   109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Learn about institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Cheng, J.Q., Wellman, M.P.: The WALRAS algorithm: A convergent distributed implementation of general equilibrium outcomes. Computational Economics 12, 1–24 (1998)

    Article  MATH  Google Scholar 

  2. Dumblekar, V.: Management simulations: Tests of effectiveness. An interdisciplinary Journal of Theory, Practice and Research (2004)

    Google Scholar 

  3. Entwistle, N., Peterson, E.: Conceptions of learning and knowledge in higher education: Relationships with study behaviour and influences of learning environments. International Journal of Educational Research 41(6), 407–428 (2004)

    Article  Google Scholar 

  4. Frolova, J., Korobitsin, V.: Simulation of gender artificial society: Multi-agent models of subject-object interactions. In: Sloot, P.M.A., Tan, C.J.K., Dongarra, J., Hoekstra, A.G. (eds.) ICCS-ComputSci 2002. LNCS, vol. 2329, pp. 226–235. Springer, Heidelberg (2002)

    Chapter  Google Scholar 

  5. Laurillard, D.: Modelling benefits-oriented costs for technology enhanced learning. Higher Education 54, 21–39 (2007)

    Article  Google Scholar 

  6. Shute, V.J., Towle, B.: Adaptive e-learning. Educational Psychologist 38(2), 105–114 (2003)

    Article  Google Scholar 

  7. Suppi, R., Munt, P., Luque, E.: Using PDES to simulate individual-oriented models in ecology: A case study. In: Sloot, P.M.A., Tan, C.J.K., Dongarra, J., Hoekstra, A.G. (eds.) ICCS-ComputSci 2002. LNCS, vol. 2329, pp. 107–116. Springer, Heidelberg (2002)

    Chapter  Google Scholar 

  8. Whitehouse, K.: Web-enabled simulations: Exploring the learning process. Educause Quarterly 28(3), 20–29 (2005)

    MathSciNet  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2010 Springer-Verlag Berlin Heidelberg

About this paper

Cite this paper

Andrés, C., Merayo, M.G., Zhang, Y. (2010). MACRO-SYS: An Interactive Macroeconomics Simulator for Advanced Learning. In: Nguyen, N.T., Le, M.T., Świątek, J. (eds) Intelligent Information and Database Systems. ACIIDS 2010. Lecture Notes in Computer Science(), vol 5991. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-12101-2_6

Download citation

  • DOI: https://doi.org/10.1007/978-3-642-12101-2_6

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-12100-5

  • Online ISBN: 978-3-642-12101-2

  • eBook Packages: Computer ScienceComputer Science (R0)

Publish with us

Policies and ethics