Intermediate Micro Econ 5 - Pr 1.1.0 FREE Different Tastes and their Indifference Maps - animations and detailed audio explanations cover the indifference curves generated by several possible types of preferences such as Perfect Substitutes, Perfect Complements,... Continue to app Rating:
Duke Micro Econ Chapter 15 1.0.2 FREE Animated and verbal exploration of surplus in competitive markets. Graphical derivation of consumer surplus, producer surplus and worker surplus are all shown. Relationship between surplus and profit is explored. A simple... Continue to app Rating:
MicroEcon II-23 Monopoly 1.0.0 FREE Monopoly, monopoly profit maximization, price discrimination (first, second and third-degree price discrimination) and natural monopoly are covered in this app using animated diagrams with accompanying voice overs. The... Continue to app Rating:
Duke Micro Econ Chapter 11 1.0.0 FREE Animated and verbal exploration of derivation of producer choice and isoprofit lines. Then these are combined to show how the profit maximizing level of output might be chosen and how this level changes when wages and... Continue to app Rating:
Duke Micro Econ Chapter 21 1.0.0 FREE Externalities, both negative and positive are considered, as is the associated lost surplus and deadweight loss generated by externalities. The efficacy of corrections to such markets including Pigouvian taxes and... Continue to app Rating:
Duke Micro Econ Chapter 14 1.0.0 FREE Animated and verbal exploration of market equilibrium in perfect competition and how such markets adjust when the equilibrium is disturbed by a change in conditions such as changes in demand and production costs. Overall... Continue to app Rating:
Duke Micro Econ Chapter 18 1.0.1 FREE Animated and verbal exploration of simple markets with price floors, price ceilings and non-price rationing. Demand elasticity including perfectly inelastic and perfectly elastic curves as well as constant elasticity... Continue to app Rating:
Duke Micro Econ Chapter 12 1.0.2 FREE Animated and verbal exploration of topics began in Chapter 11 App are extended to multiple inputs. Cost curves and cost minimization are also considered. The importance of returns to scale is explored and how (if at all)... Continue to app Rating:
Duke Micro Econ Chapter 16 1.0.0 FREE Animated and verbal exploration of General Equilibrium. Animated Edgeworth Box graphics are used to illustrate general equilibrium and disequilibrium in a competitive economy. A simple version of the Second Welfare... Continue to app Rating:
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