Some massively multiplayer online games, such as Eve-online, use very sophisticated and real world economic principles in running their virtual economies. Eve's economy is so complex that it takes into account the market value and production output of basic minerals, the production and destruction of ships, availability of blueprints and laboratories/workstations for ship building, etc. All the while, "corporations" are at war with each other, battling for territory 24/7.
A few months ago, the developers of Eve-online even hired a real economist, with a real Ph.D., to do analysis on their online economy. Here's a sample of one of his papers: http://myeve.eve-online.com/devblog.asp?a=blog&bid=505
And in case you don't believe me, here's his bio:
http://myeve.eve-online.com/devblog.asp?a=blog&bid=481
Some of these games reflect real world economics so much that they would make great teaching tools, or could be used to simulate and experiment with the effects on market conditions.
-People_powered
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