Labs
Each lab is a working model. Before you move a slider, say which way you expect output and the price level to go, then check.
- Topics 3.5 to 3.7 AD and AS Lab Shift aggregate demand and short-run aggregate supply, read the output gap and price level, and see where the economy settles in the long run.
- Topic 3.6 Draw the AD-AS Graph Read a situation, move the curve it changes, and place the new short-run equilibrium. The page checks your graph and names what is wrong with it.
- Topic 1.6 Draw the Supply and Demand Graph Read a change in one market, move the curve it shifts, and place the new equilibrium. The page checks your graph and names what is wrong with it.
- Topic 1.2 Draw the PPC Label the axes of a production possibilities curve, show how it moves when resources or technology change, and place points inside, on and outside it. The page checks your graph.
- Topics 4.5 and 4.6 Draw the Money Market Graph Label the money market, move money demand or money supply the way a change pushes it, and place the new equilibrium. The page checks your graph and names what is wrong with it.
- Topic 4.6 Draw the Reserve Market Graph Label the reserve market under ample reserves, move the part of it a central bank action changes, and mark the policy rate. The page checks your graph and names what is wrong with it.
- Topic 4.7 Draw the Loanable Funds Graph Label the loanable funds market, move demand or supply the way a change pushes it, and place the new equilibrium. The page checks your graph and names what is wrong with it.
- Topic 5.2 Draw the Phillips Curve Label the Phillips curve graph, then show whether a change moves the economy along the short-run curve or shifts a curve, and where the economy ends up. The page checks your graph and names what is wrong with it.
- Topics 6.3 to 6.6 Draw the Foreign Exchange Market Label a currency market, move the demand or supply curve a change pushes, and mark the new exchange rate, then the other currency's market or net exports. The page checks your graph.