Economics Game. Players buy raw materials, manufacture products, and then sell them.
RAW MATERIALS DECK
The decks consist of 80 cards or chits
The deck contains 20 each of the following raw materials:
MANUFACTURED GOODS DECK
This deck contains 15 each of the following manufactured goods:
Be the first player to accumulate $500
1. Raw Materials Phase
2. Production Phase
3. Selling Phase
Each player starts with $50 and no raw materials or products
RAW MATERIALS PHASE
Scarce raw materials become available.
Draw 12 Raw material cards and place them in 4 piles according to the four types of materials.
Players make a separate bid for each pile.
Bids are written down in secret on a scrap piece of paper.
A player cannot bid more money than he owns. If he does, none of his bids count.
All bids are revealed simultaneously.
The player who bid the most for a pile gets to keep the pile, and must pay his bid price.
Players who lost a bid do not have to pay.
Players may trade or purchase raw materials or goods from each other at any time
One unit of a durable good made be manufactured using the indicated amount of raw materials:
Durable Good Metal Wood Plastic Fabric
House 1 2 0 0
Furniture 0 2 0 1
Car 2 0 1 0
Appliances 1 0 2 0
Clothing 0 0 1 2
A player may make as many goods as he has material available.
Use chits to represent goods.
The Maximum Market value of the first unit of a good sold is $50
If only one player is selling he automatically gets the maximum value
If more than one player is selling they must bid to sell at a lower price.
The player that quotes the lowest price makes the sale.
The Maximum Market value of the second unit of a good sold is $40
The Maximum Market value of the third unit of a good sold is $30
The Maximum Market value of the fourth and greater unit of a good sold is $20