Econ Thread (Fearless Blue)

Have a Question Relating to Econ?

Post Questions Below and someone will respond

If you need any econ guidance:
My Advice:
as from player to player the things they tell you to do with your settings/corporations/tax rates/random issues often it gets differentiated, sometimes completely contradicted and only confuses you as new players of SC.

I am by no means saying there is one strict way to do Econ There are literally 1000's of combinations to have a successful profitable country (I use around 10 different approaches in 15 countries or so I have setup for econ) So really don't get set in one persons way of thinking, investigate ask around, and then form your own opinion dont let anyone sway you from that opinion.

Constant changes of settings/econ stuff only confuses you as new players, SC takes patience when you first begin especially with building your country a stable base (Infrastructure better known as: Education Health SS Taxes Transportation, etc.)

So before you go changi

(I use around 10 different approaches in 15 countries or so I have setup for econ) -Wild

i'd like to highlight this. Their are several basic econ templates, with hundreds of specialized, or generic twists to them. Following guides to the letter... well, i'd suggest trying to stay close to a known successful econ strat, and as you start to understand how it works, please, experiment.

The 2 most clearly basic Econ Strats

1. All CEO's, the most popular
Set you tax to 0% and advertise on the forum for CEO's to build/buy/relocate

Pros... CEO corp, usually, pay out more in country resources than state corps. So you don't have to worry allot about corp settings yourself, just keep all the right worker categories.

Cons... You have less control over your country. And not every CEO is out for your best interest.

Additional advise. If you want to create more control over what kind of corps CEO's control in your country, build the types you want, hose them... then advertise their sale, to keep the price of buying them low. That will attract CEO's that are looking for deals, and you get the corp types you want.

2. All state corps
Look at the corp types that top ranked econ countries are building. And build those. Most of those will be heavy techie corps, (not

Josias, Thanks for that input I've added it to the 50 Microsoft Word Pages I have from input of players for the upgraded leaving guide

yay 51 now *shakes her head* will be worth it in the end though to sort through it all but anyway,

Yes Josias is correct, and listed above the most used/known/efficient approaches to Economics.

I did oddly find Avalons Start-Up Guide in my SC docs I have stored, I'm going to updated it and repost it here, as having the keys is kind of necessary to start the engine :P

Question about state corps. seeling goods at +30%/-5% following quality and the connection to SUPPLY QUALITY.

I was told, that a 30/5 would be a good setup selling at, but the corps. cant sell for a long period. Does this harm anything, when they are waiting up to 3-4 gamemonths before selling their goods. Isnt it just a question about patience, because they will sell their goods anyway?

Why is 160% supply quality the best level and it is the best level for all types of corps, or should I consider adjusting this, based on what type of corp I am dealing with?

Best

supply first... if you are buying 160 q, what are you producing??? play with setting from 140 to 180, and of course this i simcountry, give them some time...

sales strat... what are your sales at? i've heard many sales strats from 69/-11, to 0/-10 try a few and look at your bottom line. allot depends on you producted quality, and the type of corp. when you make a change, understand how long that might take to effect things, and wait.

i'm sure thats not the answer you where looking for, but its the only correct answer

Thanks for reply

So, if I sell products at fx 160% quality, I should buy supplies from 160% quality and above that, or..?

for a starter setting, set supplies to the 180, and sales strat to 20/-5 follow q, and best for buying. also for a starter on sals, set 300 for corp sals, and 250 for gov sals

Can someone explain what the IPO thing is
i know it has to do with shares but i thought if you sell shares or buy shares that the corporation looses money

well, IPOs are a subject unto themselves. but buying and selling shares itself does not effect the profitability of a corp.

normally a corp has one owner, the country, or a ceo. when you create an ipo, it sells parts of the corp to multi-owners, and they all share in the profits of the corp. according to what percent of the shares they own.

an additional feature, is that if the controlling party owns less than 25% of the shares, the corp is able to upgrade production and quality to 250. making the corp, (in theory,) more profitable.

although, when the corp is upgrading to 250, it does have to buy the upgrades, so it might loose money, but i've never actually worried about that.

so your saying i can buy shares from a hole bunch of corps and get income from them?
and if so how much

yes, and depends

first some etiquette, don't buy more shares than the owner, with out permission first.

ok, public corps pay out dividends. one such place you can see this in action is in the financial page, under the Investment Funds.

Public corps need a minimum cash level before they pay out. I'm not sure what that level is, but once they have that, they'll pay out according to the "profit transfer," setting for that corp. if you look in the corp page itself, you'll see a line for profit payments made. once the cash level of the corp goes over 200B, it will automatically pay down to 200B in increments, regardless of the transfer setting.

So of course the more a corp makes, the more it'll pay out.

further, their are several different places that money can be paid out. if we are talking about countries... normally, if you buy shares, the money to purchase them will come out

thank you for the info

Heres a question:

Local and Common Market trading has always been regarded as not great for a country's economy. Why is that so?

good question funkmaster, and glad you asked

i'll use CEO corps for this. but its the same thought behind state corps.

The max quality a CEO corp can produce is 333Q. and you get that buy buying around 180Q supplies. So if you set up a Common market. and via the CM you buy supplies. you are buying 333Q supplies. That means 150 of the supplies quality is lost, and you are paying nearly double for supplies, with no extra benefit!!!

now their are way to use the CM. If you want to spend the time. You can use the auto contract option. then go through and cancel most of the contracts. with that you set your base supplies at 100. so you can purchase cheaper supplies types, services for instance, at the higher Q, and buy the more expensive stuff, like household products, at lower cost. doing this, your trying to average out your supplies in the 160-180 range. this is a type of ASQ, average supply quality. I've bee

See WildEyes Leaving Guide for details, Funkmaster.

The general notion is that supplies are in "units" of equal value but not cost.
eg. one unit of power at 90k counts towards ASQ the same as one unit of coal at 360.

So buy the cheap stuff at high quality anf the expensive stuff, FMU and Power especially, at low quality.

Using the common market page linked above the supplies section on your coporation page will show the cost totals for each supply.

The idea is move ASQ to 296 at the lowest cost possible.

You can check what works best by looking at the percentage on the bottom of that CM page.

If you can get to 296 by contacting only 17% of high Q supplies, that saves you more than getting the same average by contacting, say, 33% in some other combination of supplies.

Not all corps are useful for this approach. Air Fuel, Gasoline, and Electric Power are fine examples. Becaus

i have another question
why does the value of my corporations keep going down? its going down like 100B a month

Oh! Oh! Me me me!

So if I understand you right. The advantage of a public corp is that if you retain less than 25% of the shares, you can upgrade quality and effectivity to 250.

So once you're done upgrading can you buy some or all of those shares back and retain all the profitability for yourself, while keeping the better production stats? Or do you always have to keep less than 25% controling shares?

Always keep less than 25%. For it to be a TRUE public corp, no share holder can have 25% or more shares.

mister carter, mister carter... i love it!!

sorry S, if you sell down, and wait the time for the corp to upgrade, then buy back. the corp will VERY slowly down grade back.

i noticed your question rjk, i need more info. if the corp loosing money? is it a public corp making money? (a public corp making money can loose market value!)

it sounds like a public corp, i'd have to guess you just made public... as a guess. check the PE ratio, if its above 100 PE, that would explain it. auto-IF will trying to bring the price to 100 PE, so if it is above 100, then it will go down, meaning the market value will go down, and visa versa.

i'm sure some one can explain the PE thing better, than what i just did. sorry for the cryptic response.

Thanks for those that answered my first question, heres another:

Does the country consume products at 100Q minimum? Is this why local trading is a waste of money then?

It will consume whatever you buy for it. On the Automatic systems setting on the corporations page, there is a setting for supply quality for your country. Set that setting at 100, and save. That way everything the country buys will be bought at 100%. Anything bought above that quality is wasted money. So the answer to your qestion is yes. However you do get a few ponts for trading on the local market so maybe a few small contracts are in order. Especially if they aren't selling well on the market,
That said, most weapons and ammo should be above 180 Q. The reasons are explained in the forum in other sections. Don't buy cheap weapons, and be aware that they degrade fast, much faster than they should IMHO. Quality costs so do the math. Market price * quality /100 will give u a price range for whatever you are buying. Things bought with high quality cost much more.

The P/E ratio is simply the earnings/ # of shares. Before you IPO, yo

I like this thread. Very enlightening!

No there all state corps
Iv upgraded them and there still loosing value
I already lost a trillion in value