Business Simulation Games

Abstract

The history of the development of business simulation games started in 3000 BC, and the development of modern business simulation games began in the 1950s. Since the introduction of modern business simulation games, it has grown rapidly and is widely used by corporations, managers, educators, development consulting firms, and collegiate business programs for training and teaching purposes. A dynamic business environment and changing economic conditions require the reorientation and modification of educational programs. The learning process should focus on strengthening knowledge, skills, behaviours, and attitudes according to market needs and wants. The use of business simulation games in education can overcome this problem and even increase student motivation and engagement. This chapter covers three main sections: (1) history of business simulation games, (2) types of business simulation games, and (3) the use of business simulation games in teaching and learning.