ECShiftGraph.Shock · Shift(s) · Result
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EC311 · Intermediate Microeconomics

Graph Lab

Choose one model, predict first, then experiment to explain what you see.

Source lesson: 2.1 Preferences, utility and MRS →

Challenges completed in this course: 0 / 16

1 Predict → 2 Try → 3 Explain → 4 Challenge

What does moving along an indifference curve mean?

Illustrative model numbers, not Thailand or current economic data.

Increase X on the same U=16 curve. What happens to Y?