Since the internet have become popular to the public, a new simulation method, which involves a large number of people in the simulation process, has been enabled. In this paper, a macroeconomic data collection simulator on the internet, which can model a closed economic system by using such the simulation method, is proposed. The simulator provides a market system with its users; therefore, they can buy, produce and sell products. System administrators can coordinate the market by controlling four macroeconomic variables. With some extensions, the simulator can model an open economic system.
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Find related papers by JEL classification: C88 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Other Computer Software
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