The COIL explores the development and management of businesses in a historical context, specifically focusing on the evolution of firms and business strategies from the 18th to the 20th century. The COIL will be framed as a simulation in which students create fictitious companies that face various historically accurate challenges and opportunities, including economic shifts, political changes, market changes. Through the COIL, students will study and experience how business were influenced by and adapted to these events over time. The content will draw from the history of economic thought, business history, and case studies of major firms and industries in Europe, America and beyond. This interactive approach will help students connect historical developments to modern-dat business practices and challenges.