Microsimulations Available Now

By | February 11, 2014

The new Microsimulations that were announced in December are now available.. These are optional skill-and-drill exercises that students can complete within a Marketplace® Live simulation. Read more about how to preview the Microsimulations and add them into your simulation below:

How do I preview the Microsimulations?

There is a sample demo for Microsimulations at: http://game.ilsworld.com/microsimulations/web1/sample.php

To access the samples, click the link, sign in as an instructor and then pick a Microsimulation you’d like to preview.

How do I include Microsimulations in my Marketplace Live game?

You will need to check a check box labeled as “Add Microsimulations” in the first screen when you are designing your game. The check box will appear right below the option to add the textbook chapters.

How will my students access the Microsimulations?

Students will see hyperlinks to the Microsimulations right after they sign in. This hyperlink will appear after the page that leads to the How to Use tutorial and before students land in the actual Marketplace® Live software.

Timing and availability:

If you decide to include the Microsimulations in your game (by clicking the check box during game design), each Microsimulation will become available to your students in the quarter where it is most relevant for the particular simulation you are using.

For instance, the Product Design Microsimulation will appear in the quarter in which students can first design brands. The Production Scheduling Microsimulation will appear in the quarter in which they can start scheduling production. The Profitability Analysis Microsimulation will be available in Quarter 4 for 4-quarter games, in Quarter 5 for 6-quarter games, and in Quarter 6 for all other games.

The Production scheduling Microsimulation will not appear for games that do not contain the manufacturing module (marketing simulations).

Here is more detail on when each Microsimulation will first appear to your students depending on the simulation you use:

 

 

Product Design Production Scheduling Profitability Analysis
Introduction to Marketing Q2 N/A Q5
Strategic Marketing Q2 N/A Q6
Advanced Strategic Marketing Q2 N/A Q6
Business Fundamentals Q1 Q2 Q4
Introduction to Business and Strategy Q1 Q2 Q5
Venture Strategy Q1 Q2 Q5
Strategic Management Q1 Q2 Q5
Conscious Capitalism Q1 Q2 Q5
Strategic E-Commerce Q1 Q2 Q5
Strategy and Business Policy Q1 Q2 Q5
Business Management Q2 Q3 Q6
Integrated Business Management Q2 Q3 Q6
Extended Integrated Business Management Q2 Q3 Q6
Strategic Corporate Management Q2 Q3 Q6
Extended Strategic Corporate Management Q2 Q3 Q6
International Corporate Management Q2 Q3 Q6
Advanced Strategic Corporate Management Q2 Q3 Q6
Fundamentals of Supply Chain Management Q1 Q1 Q4
Supply Chain and Channel Management Q1 Q2 Q5

 

Other things you may need to know:

–        Each Microsimulation stores student decisions as (s)he progresses through the exercise. Decisions are saved automatically anytime student submits an answer. If a student exits the Microsimulation and returns to it later, (s)he will resume where (s)he left off.

–      Students progress through the Microsimulation in sequence – they can’t skip forward without viewing all previous slides. However, they can come back to revise their answers as many times as they wish. The Microsimulations are designed to help anyone (who is willing to invest the effort) to work through the assignment until they provide all the answers correctly.

–        Your students can start over and complete each Microsimulation as many times as they wish.

 

Why add the Microsimulation? Read more about the purpose of Microsimulations.

If you have any feedback or questions please feel free to contact our support team at [email protected] or +1 (865) 522-1946.

 

 

 

About Marketplace Simulations
Marketplace Simulations is a family of over 30 marketing and business simulations designed for university business courses and executive business programs. Our business simulation games allow students to experiment with business strategies, test business ideas, and experience the consequences of their actions in a virtual business environment. With a purpose to create business education tools that are both engaging and transformative, our most popular and best simulation games include Introduction to Marketing, Venture Strategy, Strategic Marketing, and Business Fundamentals. Other top selling games include, Introduction to Business and Strategy, Conscious Capitalism, and International Corporate Management. For more information or to schedule a personal tour of an online simulation game, please contact one of our Product Specialists at +1-865-522-1946.

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