Educational games in the system of economic education

Relevance. The Monopoly game is a popular board game with a simple concept that is relevant as a tool for enterprises and entrepreneurs in the system of teaching the basics of business, as a tool for studying strategic economics and justifying business strategies. Goals. Substantiation of the import...

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Main Authors: A. Yu. Evtushenko, A. A. Safonova
Format: Article
Language:Russian
Published: International Centre for Scientific and Technical Information (ICSTI) 2023-08-01
Series:Informaciâ i Innovacii
Subjects:
Online Access:https://journal.icsti.int/jour/article/view/213
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author A. Yu. Evtushenko
A. A. Safonova
author_facet A. Yu. Evtushenko
A. A. Safonova
author_sort A. Yu. Evtushenko
collection DOAJ
description Relevance. The Monopoly game is a popular board game with a simple concept that is relevant as a tool for enterprises and entrepreneurs in the system of teaching the basics of business, as a tool for studying strategic economics and justifying business strategies. Goals. Substantiation of the importance of the Monopoly game model as a business strategy tool for developing skills in strategic thinking, negotiation, risk management and efficient resource allocation. Exploring the similarities between concepts in the game and real economic concepts, including monopoly, market competition, pricing strategies, and business cycles. Evaluation of the effectiveness of the use of “Monopoly” as an educational tool for teaching the concepts of strategic economics. Methodology. Analysis, synthesis, observation, comparative and statistical methods. Conclusions. The business game “Monopoly” is a useful tool in the system of teaching economic concepts, raising the level of knowledge of the real economy. The use of the game model “Monopoly” in the educational process develops critical thinking and the skills of effective management decisions focused on business development.
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publisher International Centre for Scientific and Technical Information (ICSTI)
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series Informaciâ i Innovacii
spelling doaj-art-0da32ec6f38546f79c7a0cf640ee54012025-08-20T02:03:07ZrusInternational Centre for Scientific and Technical Information (ICSTI)Informaciâ i Innovacii1994-24432023-08-01182657210.31432/1994-2443-2023-18-2-65-72209Educational games in the system of economic educationA. Yu. Evtushenko0A. A. Safonova1Financial University under the Government of the Russian FederationFinancial University under the Government of the Russian FederationRelevance. The Monopoly game is a popular board game with a simple concept that is relevant as a tool for enterprises and entrepreneurs in the system of teaching the basics of business, as a tool for studying strategic economics and justifying business strategies. Goals. Substantiation of the importance of the Monopoly game model as a business strategy tool for developing skills in strategic thinking, negotiation, risk management and efficient resource allocation. Exploring the similarities between concepts in the game and real economic concepts, including monopoly, market competition, pricing strategies, and business cycles. Evaluation of the effectiveness of the use of “Monopoly” as an educational tool for teaching the concepts of strategic economics. Methodology. Analysis, synthesis, observation, comparative and statistical methods. Conclusions. The business game “Monopoly” is a useful tool in the system of teaching economic concepts, raising the level of knowledge of the real economy. The use of the game model “Monopoly” in the educational process develops critical thinking and the skills of effective management decisions focused on business development.https://journal.icsti.int/jour/article/view/213educational gamesbusiness strategystrategic economicscritical thinkingbusiness studies
spellingShingle A. Yu. Evtushenko
A. A. Safonova
Educational games in the system of economic education
Informaciâ i Innovacii
educational games
business strategy
strategic economics
critical thinking
business studies
title Educational games in the system of economic education
title_full Educational games in the system of economic education
title_fullStr Educational games in the system of economic education
title_full_unstemmed Educational games in the system of economic education
title_short Educational games in the system of economic education
title_sort educational games in the system of economic education
topic educational games
business strategy
strategic economics
critical thinking
business studies
url https://journal.icsti.int/jour/article/view/213
work_keys_str_mv AT ayuevtushenko educationalgamesinthesystemofeconomiceducation
AT aasafonova educationalgamesinthesystemofeconomiceducation