These free tools are designed to make economics concepts tangible through interactive simulations. They replace expensive publisher subscriptions and are available to all students.
Welfare Lab
An interactive tariff and tax welfare-math sandbox built for ECON 2020. Students manipulate market parameters and visualize consumer surplus, producer surplus, and deadweight loss in real time.
▸ Launch Welfare Lab · Source on GitHub
Tulip Bulb Investment Game
Interactive simulation illustrating speculative bubbles and boundedly rational decision-making, with applications to behavioral economics and behavioral finance. Version 2 adds five historical bubble scenarios (Tulip Mania, South Sea Bubble, Florida Land Boom, Dot-com Bubble, Crypto Mania), full Buy / Sell / Hold trading with quantities, an inflation-adjusted Future-Value vs Present-Value breakdown, and a closing reflection connecting the game to today’s AI valuations.
▸ Launch Tulip Bulb Game · Source on GitHub · Original v1
Prisoner’s Dilemma Game
Interactive game teaching game theory and strategic interaction under market competition.
▸ Launch Prisoner’s Dilemma · Source on GitHub