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MAGIC SCHOOL OF ECONOMICS
This web page is devoted to interactive charts, simulations and animation that
would help you to understand economics. I will add the stuff in the
future. The Czech interface is supported now but I plan to provide an English
one in future. I would enjoy your comments or suggestion for improvement. The
contact is 
.
You need not to install any software to view the enclosed models. You only need to have running Java in your web browser.
Microeconomics
Interdependence and gains from trade: magic of division of labor and cooperation.
Market forces of supply and demand: basic model of market equilibrium × calc to Smith's experiment × impact of price controls × price elasticity calculator of supply and demand × dead weight loss of taxation.
Consumer's behavior: budget constraint × consumer's optimum × income and substitution effects × decision about labor supply 1 a 2 × decision about savings.
Production cost: production cost.
Perfect Competition: competitive firm's decision making × firm's optimum and market equilibrium (alternative chart) × competitive market simulator.
Market Failure: Pigou's approach to externality.
Macroeconomics
Unemployment: simulator of dynamic model of unemployment.