Second of two Budget Constraint apps - animations and detailed audio explanations. Covers labor/leisure choice, saving and borrowing, intertemporal budgets and 3D budget.
This app is designed to be of value for any intermediate micro economics student studying budgets/choice sets. First year grad students may find it a useful review. It contains 5 animated graphs with voice overs that explain the graphs and topics in detail as the graphs unfold. User can jump to whichever graph or portion of graph is of interest or play through each graph in its entirety while listening to the explanation. Lisenting without viewing is also instructive.
This app is designed to be useful in any intermediate microecon curriculum. It is based on Chapter 3 of _Microeconomics, An Intuitive Approach_, 2nd Ed by Thomas J. Nechyba, Department of Economics, Duke University, Durham, NC. and developed in conjunction with Professor Thomas Nechyba for the Duke University Department of Economics Micro Economics curriculum, Duke University, Durham, NC