business game:
management & economic simulation exersice
creator = bill glass, usa
owner = junior achievment
Youth Business Center:
MESE is a computer simulation that puts in opposition two to eight companies of students as they manufacture and market hypothetical EchoPens. EchoPens are computerized pens capable of remembering and reproducing documents they have written in the past. Students are challenged to outperform the competition in terms of profit, sales, and market share. In addition, the data generated by the program give the participants many opportunities to practice reading and interpreting financial reports.
The competition motivates students to think about the fundamentals of production, marketing, and finance to relate them to the economic principles and economic institutions they have been studying. Over the course of the simulation, students will set a price for their pens, determine production levels, plan marketing and research-and-development budgets, and invest in plant and equipment. These decisions contribute to making MESE an exciting competition and a powerful teaching tool.
The MESE student workbook is found in the Economics Study Guide. It contains an overview of the simulation, an explanation of the various financial reports, descriptions of each of the five decisions, worksheets for each decision, and a detailed glossary of terms.
MESE documentation is provided on a diskette that is accompanied by technical documentation that will explain basic software operation. The Economics Guide for Teachers and Consultants contains a section with detailed tips for using MESE in the classroom and information about the economic theory underlying the
simulation.
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