Simulations in Applied Economics

A library of interactive digital activities based on case studies to illustrate situations including negotiation, Prisoners' Dilemmas, and optimisation. Each activity is labelled with an intended duration from 10 to 45 minutes and the software provides an automated debrief. This is a commercial site that charges per learner per activity.

Simulation of the spread of a virus "and its associated effects on the economy and income inequality." The user can choose features of the transmission network, including its size and the number of connections, and the infection rate of the virus. The simulation shows the spread of the virus with no mitigation measures, or with social distancing. The simulation can be run online (although there is a risk of it overloading with large groups) or alternatively can be run on a local computer using R and RStudio.

Forty minute video using narrated slides to give an overview of mathematical and economic concepts relating to COVID-19. Covers a simplified version of the SIR model of epidemics, justifying healthcare expenditure, and flattening the curve. Linked from the description are the original slides and the Excel model. Part of the CORE Economics resources created in response to the COVID-19 pandemic.