IndustryMasters

IndustryMasters are multiplayer on-line business games that are based on a simulation of real world economy which provide an opportunity to develop entrepreneurial and strategic management skills.Participants develop a strategy, undertake an entrepreneurial start-up and then compete with each other in real-time for market leadership and shareholder value. They experience the fundamentals of corporate business within a simulation of real competition including micro- and macroeconomic models (price mechanism, general equilibrium model) with commonly used business concepts (product life cycle, economies of scale, economies of scope, corporate accounting, leverage effect).