Economic Time Machine / Simulation briefing
Economic Time Machine: 1973 Oil Shock
Enter economic history with only the information available at each date. The model compares your stylised counterfactual with the historical path.
01 · Mission
Make a transparent trade-off.
Explore the scenario, test a sequence of decisions and reset whenever you want to compare a different approach.
02 · Initial situation
Inflation
5.9 %
Unemployment
4.3 %
Output
101 index
Debt
38 % GDP
Energy security
44 / 100
Oil dependence
68 %
03 · Working style
Use the simulation individually or with a group. It is open for exploratory learning; no League membership is required to begin.
04 · Reading results
Economic stability
Inflation and unemployment
Policy effectiveness
Output resilience and recovery
Fiscal sustainability
Debt and fiscal balance
The Performance Score is deterministic and capped at 100 so you can compare alternative decision paths consistently.