Graph Sandbox

Shift curves, set price floors and ceilings, and apply economic shocks.

Single-firm pricing, MR below demand, and deadweight loss.

Price-taking firms, profit maximization, and long-run equilibrium.

Product differentiation, short-run profits, and long-run zero-profit.

Price elasticity of demand, total revenue, and elastic vs. inelastic ranges.

Aggregate demand, short-run and long-run aggregate supply, and output gaps.

Government spending, taxation, multipliers, and budget effects.

Money supply, money demand, and interest rate determination.

Limited and ample reserves, open-market operations, and IORB.

Saving, investment, real interest rates, and crowding out.

Foreign exchange markets, currency appreciation, and depreciation.

Comparative advantage, tariffs, quotas, and welfare effects.

Short-run tradeoff between inflation and unemployment.

Opportunity cost, efficiency, and economic growth on the PPC.

Income, prices, and every combination a consumer can afford on the budget line.

Indifference curves, the budget line, and the utility-maximizing bundle at the tangency.

Expansions, peaks, contractions, troughs, and economic indicators.

Market inefficiency from positive and negative externalities.

Short-run cost curves, marginal cost, ATC, and AVC.

Labor demand, wage determination, and marginal revenue product.