Microeconomics Tools
A collection of tools to enhance learning and understanding of microeconomic concepts.
Available Microeconomics Tools
Explore interactive tools for understanding key microeconomic concepts.
Elasticity
Explore price elasticity, income elasticity, and cross elasticity in economic models.
Access Elasticity ToolCobb-Douglas Curve
Visualize and analyze production functions using the Cobb-Douglas model.
Access Cobb-Douglas ToolIncome Effect
Simulate how changes in income affect consumer behavior and demand.
Access Income Effect ToolOptimality
Optimality of consumption and production (intra-branch and inter-branch).
Access Example ToolGeneral Competitive Equilibrium
A competitive equilibrium, or Walrasian equilibrium, where no one can be made better off without making someone else worse off (Pareto efficiency).
Access Example ToolEdgeworth Box
A tool in microeconomics used to represent a pure exchange economy with two individuals and two goods.
Access Example ToolBudget Line
Analyze consumer choices within budget constraints using budget line simulations.
Access Budget Line Tool