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This game is a great learning tool for children, helping them learn about setting prices, managing expenses, building a business and mastering the balance of supply and demand all in the context of building a theme park. The game allows the player to design rides, buy food stands and attractions set prices for admission, rides and food in short build your dream theme park. Roller Coaster Tycoon, for example, is a simulation of a theme park. The Tycoon business simulation games are in abundance today. used simple supply and demand economics to drive the competitive element of the game. In M.U.L.E., multiple players worked to out-grow, out-mine, out-think and out-negotiate each other by mastering the art of business management strategies on the colony planet Irata (Atari spelled backwards). game was also a precursor of business simulation games. In the 80’s Lemonade Stand was updated as Lemonade Tycoon, using the same premise but added exciting graphics and more detailed game play.Ītari’s M.U.L.E.

If you made good decisions, you made a few dollars of profit and were ready to make more the next day.

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Lemonade Stand was a simple program where you looked at a day’s weather forecast and decided how to price your lemonade, how many cups to make and how many signs to make. But you do not have to be a business student or even an adult to enjoy the creative challenges of business simulation games.īusiness simulation games go a long way back to a little game distributed with each 1970s-era Apple II personal computer called Lemonade Stand. These games are used to expose business students to general management principles, finance theory, organizational behavior strategies and more.

Many business schools use computer based business simulation games as innovative hands-on teaching tools. If the player makes appropriate decisions the player’s business will grow into a powerhouse or even a corporate empire. These games simulate likely outcomes and consequences of the decisions the player makes in various business environments. Business simulation, or economic simulation, games offer the player the opportunity to manage a business and make decisions about how to grow the business.

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