Macroniti

Govern the Republic of Macroniti a fictional emerging economy on the brink. In this macroeconomic strategy simulation, players step into the role of Prime Minister, wielding monetary and fiscal policy tools to manage inflation, unemployment, growth, and public debt. Over rounds, players respond to real-world-style shocks, oil price surges, monsoon failures, global financial crises, and trade disruptions while tracking voter sentiment and fighting to win re-election. With a live economic dashboard, news-driven narratives, and hard policy trade-offs, every decision carries both economic and political consequences.

Authors:

Dr. Rudra Sensarma,Dr. Kausik Gangopadhyay

Academic Partner:

LEVEL

Undergraduate, MBA, Executive Ed, Graduate

TYPE

Single Player

DURATION

60 mins

DISCIPLINE

Economics

Introduction

Macroniti: A Macroeconomic Strategy Simulation places players at the helm of a fictional emerging economy, where they assume the role of Prime Minister navigating the complex realities of macroeconomic governance. Set in the Republic of Macroniti a vibrant democracy inspired by economies like India players must balance inflation, unemployment, growth, and public debt across rounds, each representing six months of economic life. Using core macroeconomic tools, monetary policy and fiscal policy players respond to real-world-style shocks such as oil price surges, monsoon failures, global financial crises, and trade disruptions. The objective is to maintain macroeconomic stability, grow citizens' real income, and secure enough public approval to win re-election.

Learning Objectives

Understand core macroeconomic relationships output gap, inflation, unemployment, interest rates, and debt dynamics through hands-on decision-making.
Apply monetary and fiscal policy tools to manage competing macroeconomic objectives under real-world constraints.
Analyze the impact of external shocks supply-side, demand-side, and financial on a small open emerging economy.
Evaluate the political economy of governance, including how inflation, unemployment, and income affect voter behavior and electoral outcomes.
Develop adaptive, evidence-based decision-making by interpreting quantitative dashboards alongside qualitative news cues.

Key Features

Dynamic News-Driven Shocks: Every round opens with a realistic news feed drought warnings, Fed rate hikes, trade breakdowns that contextualizes the economic shocks players must respond to.
Single-Player Focus: Players govern Macroniti as Prime Minister, making high-stakes monetary and fiscal decisions while managing voter sentiment and economic indicators simultaneously.
Grounded in Economic Theory: Built on the New Keynesian framework incorporating the IS curve, Phillips Curve, Taylor Rule, Okun's Law, and UIP presented intuitively through dashboards and narratives.
Decision-Making Variety: Players set interest rates, adjust government spending, change tax rates, and deploy welfare support each with distinct trade-offs across inflation, growth, debt, and political capital.
Election Pressure: Public approval is tracked every round as a live opinion poll. Win the election at Round 10 by maintaining majority support or face political defeat regardless of your economic record.

Educational Outcomes

Develop a practical and intuitive understanding of how macroeconomic policy works in the real world.
Experience firsthand the tension between driving economic growth and controlling inflation.
Understand the political consequences that come with making economic decisions.
Learn to govern under uncertainty, including how to respond to external shocks.
Get a rigorous yet engaging environment to simulate, test, and reflect on the art and science of macroeconomic management — useful for economics educators, business school students, and policy enthusiasts alike.

Topics Covered

Macroeconomic Policy

Monetary Policy & Central Banking

Fiscal Policy & Public Debt

Inflation & Unemployment Dynamics

Political Economy

Emerging Market Economics

Economic Shocks & Stabilization