A Day as the HKMA Chief: Battling the Speculators

Overview

This open lesson transforms the classroom into a war room, where participants act as HKMA Chiefs defending the linked exchange rate against speculators. Using gamification and real-time decision-making, they analyse data, make strategic calls (e.g., raising interest rates), and respond to live market updates. Teaching objectives include understanding the peg, crisis management, and its national security implications. Strategies include interactive storytelling, dynamic feedback, and historical case studies like the 1998 Asian Financial Crisis.