Economics Simulation Software
Even the free 'Basic' edition is extendable in Java. You use normal Java Tools to do this. (Most are free).
EconSim is an application, a fully compiled *.exe for MS-Windows 98 and above.
EconSim is also an Application Framework, you can write your own firms, consumers, banks etc, load them dynamically and have them interact. You introduce them to each other using, the built in, and extendable EconScript scripting language. Such extensions can then be built on by others, you just distribute the ".class" files your java compiler has produced. In principle this process is more productive than neo-classical analysis, there being so much virgin territory to colonise. Start a book or training course today!
In the screenshot above, EconSim™ is running a "Perfect Competition" simulation.
Demon1 'sends a message to' Firm1 of a £7.20 priceOffer.
Demon1 had previously offered £6.40 to all the Consumers and Firms it knows about.
Demand, at £6.40, was substantially higher than Supply.
So Demon1 has now increased its priceOffer to £7.20.
Demon1 is sending its new priceOffer, in sequence, to each of the Consumers and Firms.
The story continues...
© 2003 by David Gunn. All Rights Reserved | Info | Contact
EconSim and all related marks are trademarks
or registered trademarks of David Gunn, in the United Kingdom and other