Intuitive interactive visualizations

of key concepts in economics

These graphs require a bigger screen.

Please visit the site on a laptop. :)

Please visit the site on a laptop. :)

EconGraphs is a research project

of Chris Makler. Read more.

Intuitive interactive visualizations

of key concepts in economics

EconGraphs is a research project

of Chris Makler. Read more.

Graphs ©2017 Christopher Makler.

KGJS rendering software released under the MIT license.

Demand

Calculating Elasticity

Demand Elasticity

The Budget Set

Preferences and Utility

Constrained Optimization

- Preferred and Affordable Sets
- Utility Maximization Subject to a Budget Constraint
- Smooth Utility Maximization (3D)
- Cobb Douglas Utility Maximization (3D)
- Perfect Complements Utility Maximization (3D)
- Perfect Substitutes Utility Maximization (3D)
- Quasilinear Utility Maximization (3D)
- Concave Utility Maximization (3D)
- Smooth Utility Maximization and the MRS
- Utility Maximization and the MRS for Utility Functions
- Utility Maximization and the MRS for Cobb-Douglas
- Langrange Method: One Variable
- Lagrange Method: Cobb-Douglas (3D)
- Lagrange Method: Quasilinear (3D)
- Utility Max with a Kinked Budget Constraint
- Utility Maximization vs Cost Minimization

Comparative Statics

- Utility and Demand
- Demand and Price Offer Curves: Cobb-Douglas
- Engel and Income Offer Curves: Cobb-Douglas
- Demand and Price Offer Curves: Perfect Complements
- Demand and Price Offer Curves: Perfect Substitutes
- Demand and Price Offer Curves: CES
- Demand and Engel Curves
- Slutsky Decomposition
- Slutsky Decomposition, Income and Substitution Effects
- Slutsky vs. Hicks: Cobb-Douglas
- Slutsky vs. Hicks: CES
- Compensating and Equivalent Variation
- Marshallian and Hicksian Demand

Trading from an Endowment

Application: Labor Supply

Application: Intertemporal Choice

Application: Uncertainty and Risk Aversion

- Expected Consumption vs Expected Utility
- Expected Utility vs Utility from Expected Consumption
- Risk Aversion and Indifference Curves
- Risk Aversion and Certainty Equivalence
- Risk Aversion, Certainty Equivalence, and Utility from Expected Consumption
- CRRA Utility and Marginal Utility (old)
- Risk Aversion and Certainty Equivalence (old)
- Utility and Redistribution
- Explanation: Lotteries
- Explanation: Expected Utility
- Explanation: Certainty Equivalence

Production and Cost

Production Possibilities

- Resource Allocation and the Production Possibilities Frontier
- PPF and Production Functions
- Short-Run and Long-Run PPF
- PPF and Production Functions: Constant Returns to Scale
- PPF and Production Functions: Decreasing Returns to Scale
- Autarky
- Curved PPF and Supply
- Linear PPF and Supply
- Curved PPF and Supply and Demand
- Linear PPF and Supply and Demand

Solow

Ramsey-Cass-Koopmans