Pronys

Pronys is a fictional unit of account used in economics education and world-building to illustrate monetary policy, exchange rates, and price stability. It is not a real-world currency.

Etymology and concept: The term Pronys is an invented name used as a neutral monetary unit in teaching tools and fictional settings. It has no intrinsic value and is not tied to any real country.

Form and denominations: In typical simulations, Pronys exist in digital and physical forms, with common denominations of 1, 5, 10, 20, 50, and 100 Pronys. Designs emphasize clarity and legibility to facilitate classroom use.

Applications: Pronys are employed to model consumer choice under budget constraints, analyze inflation, and demonstrate how central banks influence money supply and interest rates in a simplified economy.

Variants and implementations: Several educational platforms and serious games implement Pronys as the base currency in configurable economies; some tools attach artificial exchange rates with other fictional currencies for open-economy exercises.

Limitations: As a fictional construct, Pronys can diverge from real-world monetary behavior. Educators typically document the assumptions behind a given Pronys model to avoid misinterpretation.

See also: fictional currencies, economic thought experiments, classroom simulations.