BIZ-OMICS
Economics: The Global Trade Simulation Bundle
Economics: The Global Trade Simulation Bundle
Couldn't load pickup availability
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
Share
