Circular Flow Dashboard

Household utility maximization, firm profit maximization, and market equilibrium ā€” linked through the circular flow. Explore with sliders or Challenge yourself to find the equilibrium!

šŸŽÆ Mode

Challenge 1
Your Price guess (P)$2.00
Your Wage guess (w)$10.00
ā± 0s šŸ“‹ 0/8 šŸ† 0ā­
šŸ  Household
Income (M)100
Preference Ī±0.50
Price of Y (Pįµ§)2.00
# Consumers100
šŸ­ Firm
TFP (A) ā€” Technology1.00
Fixed Cost20
MC base (a)0.50
MC curvature (c)0.010
# Firms50
āš™ļø Factor Market
Labor supply elasticity1.0
šŸ“Š Equilibrium Values
P* ā€”
Q* ā€”
w* ā€”
L* ā€”
šŸ’° Equilibrium Flows
Expenditure ā€”
Revenue ā€”
Wage Bill ā€”
Firm Ļ€ ā€”
Real GDP (Q*) ā€”
HH Utility ā€”

šŸŽ‰ Equilibrium Found!

ā­ā­ā­

ā€”
seconds
ā€”
P* accuracy
ā€”
w* accuracy
ā€”
score

šŸ“Š Challenge Results

#ChallengeTimeScoreStars

Copy the validation code above to submit your results.