The European Central Bank has launched an iPad and iPhone game that allows the public to take control of a monetary union and see how they would cope
when faced with an economic crisis. The bank, now battling to save the euro, produced the game in which players set interest rates to keep inflation low
and growth steady. – The Daily Telegraph
Ever wondered what monetary policy is? Or how the key interest rate affects inflation? Play €CONOMIA and find out how it works.
Your goal: Keep inflation low and stable at just under 2%. Your tool: the key interest rate.
I came across this interesting game in the papers and thought it would be rather interesting. One can learn a little more about monetary policies and its impact on the economy. Otherwise, it might just be plain fun to see what happens, and best of all… its a FREE app.
