The Brandeis NABE Chapter is a student chapter of the National Association for Business Economics (NABE). NABE is the premier professional association for business economists and others who use economics in the workplace. The club is intended for students who are interested in a career in economics or finance, as a macroeconomic vision is integral for both. Since its formation in January 2012, the chapter has organized numerous networking events with top-tier business professionals and academics held in Washington DC, New York City, San Francisco, and here in Boston. In February 2013, the group held the first Crisis Game event, an inter-school competition that challenges students’ knowledge of economics, finance and market regulation. The event provides excellent networking opportunities and prizes in the form of internships.
The Brandeis Chapter of NABE seeks to expand its success in spreading the image of NABE amongst the economic students at different universities in the Boston area by hosting the Crisis Game. The Crisis Game gives students an opportunity to apply their knowledge of economics, finance and market regulation in a simulated economic crisis, where within a restricted time frame the teams (representing the Central Bank and the Government of a simulated country) craft policy solutions to rescue the economy.
The game requires students to apply their economics knowledge, but also to have complementary skills of data analysis, presentation, persuasion, and debating. When the wave of a crisis starts to cover a country, governments and central banks need to make rapid decisions; this is a lesson that we want students to learn from this game.