Linear Production Possibilty Curve

The simulation allows students and instructors to change the production of two goods along a linear production possibility curve. The simulation shows a diagram as well as original and changed production levels. Users can change opportunity cost as well as the level of production.

The simulation does not allow to simulate imports/exports. To find simulations that consider production and trade simultaneously such as the Ricardo and the Heckscher-Ohlin model go to http://www.calcat.de and search for International.

 

Type of Simulation: Download and ready to run in Windows
How to Use the Simulation: http://youtu.be/hfF1xHkn_kw
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