Software in Intermediate Macroeconomics
David Wheat, University of Bergen
MacroLab is an interactive computer model of the U.S. economy. It allows you to makes some assumptions about the economy, and then lets you see the implications of your assumptions. For example, you might wonder what would happen to the unemployment rate if consumers suddenly started saving more of their income (and spent less). MacroLab also contains historical data, and you will be able to track the performance of the U.S. economy over recent decades. MacrobLab is produced by David Wheat, Associate Professor of System Dynamics at the University of Bergen, Norway. The website contains further details on downloading, installing and using the MacroLab software.
This is an online set of teaching material, including multi-player classroom experiments, interactive text and problem sets, combined with a course management system. It runs over the Web, using standard browsers with the Flash plug-in. The system tracks student use of the system, and produces reports for the instructor. The material can be customised by the instructor using a Web interface. Material is available to support a range of standard textbooks and can be broken down by subject / course.