Moniac
A web-based simulator modeling Nigeria's economy, allowing users to adjust policies and visualize their impact. (Front-End)
Tools Used
Tailwind
JavaScript
P5js
HTML
DESCRIPTION
About the project
Role: Front-End Developer
Project Overview
- Our simulation is inspired by Bill Phillips' hydraulic economics computer, known as the MONIAC (Monetary National Income Analogue Computer), invented in 1949. This web-based simulation models key economic variables specific to Nigeria, allowing users to experiment with various economic policies. Users can adjust parameters such as interest rates and taxation to visualize the effects of policy changes on the Nigerian economy.
The Problem
- Complex Economic Concepts: Economic theories and models are often abstract, making them less accessible to students and policymakers.
- Lack of Interactive Learning Tools: There is a scarcity of platforms that allow users to experiment with economic policies in a controlled, risk-free environment.
The Solution
- Interactive Policy Adjustment: Users can modify parameters such as interest rates and taxation levels to observe real-time effects on economic indicators.
- Visual Representation: The simulation provides graphical outputs, helping users visualize how changes in policies influence the economy.
- Educational Resource: Serves as a teaching tool for students and educators to better understand economic dynamics through hands-on experimentation.
- User Engagement: Incorporated an Easter egg feature allowing users to click and move elements around the screen, enhancing interactivity and user engagement.
The Result
- Positive Feedback: Users appreciate the interactive nature of the tool, finding it both informative and engaging.