Interactive Simulators
20 hands-on simulators. Reading about economics builds familiarity — manipulating models of it builds mastery.
AD-AS Model Simulator
Shift aggregate demand or supply to see price-level and output effects. In this release this page is powered by the closest available interactive widget; a dedicated widget for this topic is planned.
SimulatorCost Curves Simulator
Trace marginal, average total, and average variable cost as output grows. In this release this page is powered by the closest available interactive widget; a dedicated widget for this topic is...
SimulatorPrice Elasticity of Demand Simulator
Change price and quantity to compute elasticity with the midpoint formula.
SimulatorExchange Rate Simulator
Shift currency supply and demand to see exchange-rate movements. In this release this page is powered by the closest available interactive widget; a dedicated widget for this topic is planned.
SimulatorGame Theory Payoff Matrix Simulator
Edit a prisoner's dilemma matrix and find the Nash equilibrium.
SimulatorIS-LM Model Explorer
Shift IS and LM curves to see interest-rate and output effects.
SimulatorLorenz Curve and Inequality Simulator
Redistribute income to see the Lorenz curve and Gini coefficient move. In this release this page is powered by the closest available interactive widget; a dedicated widget for this topic is planned.
SimulatorMoney Multiplier Simulator
See how bank lending multiplies an initial deposit into money supply. In this release this page is powered by the closest available interactive widget; a dedicated widget for this topic is planned.
SimulatorMonopoly Pricing Simulator
A monopolist sets output where marginal revenue equals marginal cost. In this release this page is powered by the closest available interactive widget; a dedicated widget for this topic is planned.
SimulatorSpending Multiplier Simulator
Change the marginal propensity to consume to see the multiplier effect.
SimulatorBehavioral Nudge Simulator
Change choice architecture and watch decisions shift without changing incentives. In this release this page is powered by the closest available interactive widget; a dedicated widget for this...
SimulatorPerfect Competition Simulator
A price-taking firm chooses output where price equals marginal cost. In this release this page is powered by the closest available interactive widget; a dedicated widget for this topic is planned.
SimulatorPhillips Curve Lab
Trade off inflation and unemployment under different expectations.
SimulatorPrice Ceiling and Shortages Simulator
Set a legal maximum price and see the shortage it creates in a market. In this release this page is powered by the closest available interactive widget; a dedicated widget for this topic is planned.
SimulatorPrice Floor and Surpluses Simulator
Set a legal minimum price and see the surplus it creates in a market. In this release this page is powered by the closest available interactive widget; a dedicated widget for this topic is planned.
SimulatorProduction Function and Diminishing Returns Simulator
Add workers to a fixed factory and watch marginal product fall. In this release this page is powered by the closest available interactive widget; a dedicated widget for this topic is planned.
SimulatorSolow Growth Model Simulator
Change the saving rate to see steady-state capital and output. In this release this page is powered by the closest available interactive widget; a dedicated widget for this topic is planned.
SimulatorSupply and Demand Simulator
Shift supply and demand curves to see how equilibrium price and quantity change.
SimulatorTax Incidence Simulator
Place a per-unit tax and see how the burden splits between buyers and sellers. In this release this page is powered by the closest available interactive widget; a dedicated widget for this topic...
SimulatorGains from Trade Simulator
Open two economies to trade and watch consumption possibilities expand. In this release this page is powered by the closest available interactive widget; a dedicated widget for this topic is planned.