Students learn the concepts of managerial economics by buying and selling in several markets designed as double-sided auctions

About Market Magic

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» Administrative Tools

Market Magic contains a powerful administrative interface, providing the faculty member with the tools necessary to create and manage their own user groups and markets. With these tools, the faculty member can create and schedule a market simulation, upload their own reservation price information or generate the necessary reservation price data with an included wizard.

Once the market is complete, the faculty member can view the results while the application generates a "market convergence" chart -- this details the buying and selling trends of the students.

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