Barriers to Entry Investigation
A guided investigation into why monopolies persist, covering patents, economies of scale and resource control, using the standard long-run average cost against demand…
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Economics & Business · Markets & Microeconomics
Explore a draggable production possibility frontier to distinguish efficient, inefficient and currently unattainable production choices. Students investigate outward shifts, trade-offs and increasing opportunity costs, then test their understanding in a quiz. The full interactive is available to licensed Education Universe users.
Ask learners to predict whether each point is feasible and justify the opportunity cost before checking the graph.
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A guided investigation into why monopolies persist, covering patents, economies of scale and resource control, using the standard long-run average cost against demand…
An open explorer for comparing pricing regimes on a two-good map. Students map buying regions and test how correlation between customer preferences changes which…
A scaffolded lesson building the three classic pricing maps in turn, showing which customers buy under pure unbundling, pure bundling and mixed bundling before moving to…
Students work through payoff matrices to find dominant strategies and Nash equilibria, run multi-round tournaments, and apply the reasoning to real-world strategic…
Starting from published labour-market data, students use a counterfactual model to explore participation, labour demand, job matching and the resulting wage pressure.…
Ten randomised questions spanning price, cross and income elasticity of demand, elasticity of supply, total revenue and graph reading, with answers withheld until a…
Production Possibility Frontier is one of the licensed interactives in The Education Universe. This page describes it; teachers use it in lessons and classes with a licence or the free trial.