Be the Chancellor

This interactive tool from the Institute for Fiscal Studies is really cool. It lets students try out being Chancellor by changing tax, spending and interest rate assumptions to see how investment, growth, borrowing and debt forecasts are affected.

It’s great just to play around with, but Will Haines has created a 60-minute lesson plan to use alongside it too.

Great for Fiscal Policy, Debt/Deficit and Economic Modelling. Would also work for an Econ Club or for a class competition.