Author: Saim Khalid

A pair of interactive, annotated graphs showing 1) the demand function and 2) costs and revenue for a seller of cakes. Sliders allow the user to change different parameters of the market and see the curves shift. The reader is directed to see which of the parameters have most effect on the maximum profit and on its optimising price.

Classic economic models is a set of economic models that run through a web browser, some of which are available as free trials. The models are divided into micro and macro models, covering topics such as perfect competition, Keynsian models, price discrimination and utility-based valuation of risk. The models take the form of model link files which can be read by the EconModel plug-in. Access to the non-free models requires an annual subscription, currently 20 USD for a year. Most of the models have exercise sheets in PDF suitable for printing.

Fourteen interactive graphs, created on the free Geogebra platform, illustrating core microeconomic principles including supply and demand, production costs, and elasticity. Each graph has sliders that shift the graph and change the calculated values. The variables are not explained in the page, so these graphs are for use for teachers in explaining the graphs, as an improvement over static slides.

Maurice Starkey

This is a set of hyperlinked mindmaps, including textual notes, images and hyperlinks, starting with Economic Environment of business. Reading the files requires the free MindManager viewer software, which is available for a variety of platforms. Previews of a couple of mind maps are available as PDFs, with reduced functionality.

Marginal Revolution University

Simple ten-part quiz that uses interactivity to test the reader’s ability to distinguish shifts of the demand curve from shifts along the deamnd curve.

A set of configurable, graphically appealing, online interactive games that work across laptops, iOS (Apple) and Android devices. Instructors can customise the games, or use default settings, and students join by entering a class code. The instructor gets a graphical analysis of outcomes immediately at the end of the session, for use in class discussion. The site has course guides that suggest how to sequence the games in different Economics courses, and each game has references to relevant papers. The site’s apps can also be used to administer individual survey or assessment questions online.

Economics-games.com

A set of interactive games and simulations that are played in the browser. The tutor chooses a game and a number of players, then is given unique logins to distribute to learners. 14 games are played against the computer. In the other 47 games, learners play against each other.

Christopher R. Makler, Stanford University

A suite of around 350 interactive graphs, illustrating microeconomic, financial and mathematical concepts, that run in a modern web browser without additional technology. They can be used in lectures or incorporated into other sites via an iframe.

Rajiv Sethi, Homa Zarghamee, and others, Barnard College, New York

Online textbook which uses interactive visualisations and quizzes. It is intended not as a replacement for existing textbooks, but as a set of complementary resources that give a different way to explore the topic. The modules are on “Measuring Inequality”, “Specialization and Trade”, “Technology and Costs”, “Intertemporal Choice”, “Measuring Output, Inflation, and Growth”, “Aggregate Production and Fiscal Policy”, and “Balance Sheets and Trading”.

Institute for Fiscal Studies and NESTA

Interactive macro simulation of the UK economy in which the user can make dozens of alterations to taxes and public spending and see the effect on the government’s deficit.