Skip to product information
1 of 1

BIZ-OMICS

Economics: The Global Trade Simulation Bundle

Economics: The Global Trade Simulation Bundle

Regular price £10.00 GBP
Regular price Sale price £10.00 GBP
Sale Sold out
Taxes included.
Quantity

Bring international trade theory to life with this powerful two-in-one interactive pack. Students explore the gains from trade through the Comparative Advantage Simulator and analyze the real-time impact of tariffs using the Interactive Tariff Diagram—both designed for hands-on, visual learning that deepens economic understanding.

Comparative Advantage Trade Simulator:

Discover why countries benefit from trade even when one is better at everything!

Two fictional countries – Technologia and Rustica – are used to humanize economic theory and make abstract concepts tangible.

Step into the role of a global economist with this vibrant, interactive simulator that brings international trade theory to life!
Designed to excite, educate, and engage, this powerful tool transforms textbook theory into hands-on exploration through immersive visual storytelling.

The simulator dynamically tracks world output and trade gains, reinforcing the core principle: specialization = shared prosperity.

This HTML simulator is accompanied by a supporting PDF document, designed to help teachers integrate the resource effectively into the classroom with ideas for use, key discussion questions, and reflection prompts.

Learning Outcomes:

Mastery of comparative vs. absolute advantage

Understanding opportunity cost through production tables

Visualization of specialization effects

Practical experience with mutual gains from trade

 

Interactive Tariff Diagram Tool:

"See tariffs not as theory—but as impact, in real time"

A modern, visually compelling economics tool that transforms how students understand trade barriers, elasticities, and market distortions.
This isn’t a static diagram—it’s an economic sandbox where sliders bring the supply & demand world to life.

Control the tariff rate, world price, and elasticity of supply and demand. Watch the supply and demand curves morph live on the chart.

Learning Outcomes:

Clear understanding of how tariffs distort market equilibrium

Real-time analysis of welfare impacts and efficiency losses

Visual reinforcement of elasticity effects on market outcomes

Hands-on exploration of free trade vs. protectionism

 

View full details