Income and Wealth effects are developed and explained in detail with animated graphs and audio explanations. As each animation unfolds Professor Nechyba explains the underlying Micro economics of Income and Wealth effects. In these graphs income is derived from an endowment such as leisure (sold as labor), a commodity or financial assets used to earn interest.
App contains 10 animated graphs with audio explanation by Professor Thomas Nechyba of Duke University. Uses can quickly access whichever animation or whichever portion of an animation they wish or view each graph in its entirety while listening to Professor Nechyba explain what is being drawn.
App is useful for any College Level Micro Economics curriculum.
Developed in conjunction with Professor Thomas Nechyba for the Undergraduate Micro Economics curriculum, Department of Economics, Duke University, Durham, NC
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