Three Federal Budget simulations you may be interested in using: NY Times Budget Puzzle, CRFB Simulator and National Budget Simulation all can be potentially great tools to engage students in how difficult the Federal Budget process is and the trade-offs that are made. Also, with Your 2013 Tax Receipt students can figure out how much they would pay in taxes at different levels of income and most importantly where those tax dollars go. Here are some other simulations from The Economics Network.
The main question for students and young graduates is about the repaying of student loan. And unfortunately there are not so many good working places that can provide high level of income, that is why they need financial help of easy loans 24/7 in the US till payday to cover their spending ad regular payments. Moreover the problem is quite deep and difficult and the government must pay attention to the labor market and create new working places for well-educated youth.
ReplyDeleteIf you people want to learn basic of how budget works by gaming i'd recommend - virtonomics. You can be elected there and play with rich political functional.
ReplyDeleteHere is a link to this game: http://virtonomics.com/