Educational Uses of Capitalism Lab
Business schools who have used Capitalism in teaching have reported overwhelmingly positive students feedback. Students’ interests in the course subjects and motivation to learn have increased markedly.
The Approach
Capitalism Lab provides a comprehensive business simulation that supports the different learning objectives you set for the class; from demonstrating textbook theories to testing real life business practices.
The Benefits
Using Capitalism Lab can greatly improve students’ attention, enhance their understanding of different economic theories and application of business knowledge in an interactive environment.
What The Experts Say
“Capitalism is a world class, hands-on learning experience which I’ve used at Stanford School of Engineering and Harvard Business School. Gamers not only learn the subtleties of growing an entrepreneurial business but also learn about leadership and team building necessary in any business situation.”
“Capitalism is very realistic and will allow the dynamics to change depending on whether you’re selling a cola product, which is sort of a low tech-branded consumer good, or whether you’re selling consumer electronics or a PC.”
Consulting Professor, Stanford University, and Lecturer, Harvard University
“This game does an excellent job of modeling many of the key aspects of modern business.”
“In particular it’s gratifying to me to see that the game rewards thinking about sources of long-term competitive advantage, be it from brand recognition, low production costs gained from learning-by-doing, a monopoly on high quality inputs, or a big technological lead.“
Harvard University
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