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"Interactive graph of a competitive market" icon

Interactive graph of a competitive market

The purpose of this interactive technical note is to help students to learn and comprehend the effect of changes in the variables of supply and demand in a microeconomic market assuming perfect competition. Students can interact with both curves and see the equilibrium process in terms of prices and quantities exchanged. The program assumes that students are familiar with the underlying concepts of the graphic representation of a market with perfect competition. For a better understanding of the main effects of the changes in the curves, this graphic resource allows students to make only one move per curve and does not envisage changes in the curvesĀ“ elasticity. Students can interact with both curves (demand and supply) either separately or jointly. There are also simple exercises that... Show More
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Brad Doerksen
Brad Doerksen (Librarian)
44 weeks ago
As of December 10, 2018 it appears that the publisher is charging a fee for this resource.
Liz Peterson
Liz Peterson (Faculty)
7 years ago

What a great tool for students to actually visualize the S/D shifts! Interactive, easy to understand and us. Next time I teach micro, I'll be using this.

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