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May 4, 2012:
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Version: 4.3
(May 4, 2012)

Simulation

Background information about simulation

Ideas:

Simulations in medical training.
The Department of Anaesthesia and Intensive Care at CUHK has adopted a simulator-based experiential learning package to teach medical students or junior doctors various ways to manage acute illnesses. Each medical student is given the chance to manage an acute illness in the simulation. Read the website here for more information:
http://www.cuhk.edu.hk/med/ans/ICU.htm

Computer simulations in business decision-making.
Business simulations enable students to experiment with business strategies in a virtual environment that reflects the interactions between different actors in a business environment at minimal cost. In this simulation, participants were asked to make various managerial decisions in an attempt to resolve a series of organisational problems. The computer system generated results that revealed whether or not a decision was appropriate. Students had to make further decisions based on what they had decided in the early stage of a simulation. Read the details of the game here: 

http://www.simulations.co.uk/What%20is%20a%20business%20simulation.htm

Read another example about simulation game for marketing students here: https://journals.tdl.org/absel/index.php/absel/article/viewFile/364/330

Mock trading.
The School of Business of Howard University organized an online stock trading competition for its students to experience performing transactions over a virtual platform, which operated as if they were trading in the real market. For more information, please click onto the following link: http://howard.stocktrak.com/home.aspx