0. ECONOMY TYPE
Open economy (enable FX, trade, foreign debt)
FX regime
Floating
Fixed peg
Managed band
Initialize / Reset Economy
1. CURRENCY / INITIAL CONDITIONS
Monetary base M0 (reserves+cash)
Initial household deposits
Initial price level P (index)
Initial productivity A
Initial capital stock K
Labor supply L (employed units)
2. BANKING (fractional reserve)
Required reserve ratio r
Loan interest rate (annual)
Deposit interest rate (annual)
Bank loan-issuance aggressiveness (0-1)
3. HOUSEHOLDS / FIRMS
Marginal propensity to consume (MPC)
Labor share of output (wages/NGDP)
Capital share α (Cobb-Douglas)
Firm reinvestment rate
Capital depreciation rate (per tick)
Productivity growth per tick
4. GOVERNMENT / BONDS
Tax rate (of nominal GDP)
Government spending (share of nominal GDP)
Spending scales with GDP each tick (like the tax rate), so fiscal policy doesn't structurally drift out of balance over long runs.
5. CENTRAL BANK
Neutral real rate r*
Inflation target π*
Taylor rule weight — inflation gap
Taylor rule weight — output gap
QE: share of deficit CB monetizes
6. FX / FOREIGN SECTOR
Initial exchange rate E (domestic per 1 foreign unit)
Pegged / band central rate (if regime ≠ float)
Band width (± , if managed band)
Initial FX reserves (foreign-currency units)
Foreign interest rate (annual, exogenous)
Foreign price level (index) & inflation (annual)
7. TRADE / PROTECTIONISM
Export base (nominal, per tick)
Import base (nominal, per tick)
Export elasticity to real exch. rate
Import elasticity to real exch. rate
Tariff rate on imports (protectionism)
Trade agreement in force (caps tariffs ≤5%, +15% trade volume, no retaliation)
Share of new govt deficit financed in foreign-currency debt
12. MARKET STRUCTURE
Competition type
Perfect competition
Monopoly
Oligopoly
Monopsony (single buyer)
Cartel
State monopoly
Competition intensity
Productivity efficiency
Resource allocation efficiency
13. LABOUR / SOCIETY
Immigration rate (% population)
Brain drain risk
Middle class size
Social programme spending
Regulation intensity
14. TECHNOLOGY / INFRASTRUCTURE
Infrastructure quality
Technology level
Digitalisation
15. EXTERNALITIES / ENVIRONMENT
Pollution intensity
Environmental regulation
Climate damage risk
Natural resources
16. TOURISM / COMPARATIVE ADVANTAGE
Tourism attractiveness
Export specialisation
Manufacturing
Agriculture
Energy
Finance
Tourism
Technology
Comparative advantage strength
17. DIPLOMACY / WORLD SYSTEM
Diplomatic strength
Alliance bloc
Neutral
Western Alliance
Eastern Alliance
Non-Aligned
Trade organisation access
None
WTO style
Regional Trade Bloc
Customs Union
18. STOCK EXCHANGE
Stock market size (% GDP)
Investor confidence
Foreign ownership
Market regulation
Trigger Market Crash
RUN
Step 1 Quarter ▶
Step 4 Quarters ▶▶
Run 10
Run 40 (10y)
SHOCKS
Bank Run (25% deposit flight)
Productivity Crash (A×0.85)
Productivity Boom (A×1.15)
Fiscal Spending Spike (+40% G, 1 tick)
External Rate Spike (+300bps, 1 tick)
Credit Crunch (1 tick)
Capital Flight (FX reserves −30%, 1 tick)
Terms-of-Trade Shock (export base ×0.7, 1 tick)
STRUCTURAL DEBT AGREEMENT
Haircut on creditors (domestic + foreign bonds)
Austerity duration (quarters) & severity
Negotiate Restructuring Now
Cuts bond principal by the haircut (banks/CB absorb the domestic loss against capital; foreign creditors absorb the FX loss off-model). Imposes temporary spending cuts + tax hikes.