Animated and verbal exploration of derivation of marginal willingness to pay curves, deadweight loss, consumer surplus and distortionary taxation.
Contains 14 animated graphs with voice over that plays as graphs are drawn. Can jump ahead to which ever graph or portion of graph is of interest.
Useful for any undergrad micro economics.
Developed in conjunction with Professor Thomas Nechyba for the Micro Economics curriculum in the Department of Economics, Duke University, Durham, NC