Teaching Public Finance Management through Simulation


  • Andrei Volkov
  • Alexander A. Klimov
  • Michael J. Tugaev
  • Svetlana I. Lysova
  • Vyacheslav V. Shoptenko


The paper discusses implementation of a simulation game in training programs for students majoring in public administration and equivalent programs, as well as retraining of acting managers, specifically in public finance management. The structure and implementation of a specially designed integrated simulation of regional public finance management is described in details. The paper gives an overview of issues such as skills and techniques that can be acquired during the training session based on the simulation, organization and administering of the simulation and others. KEY WORDS: public finance simulation, public administration simulation.