Interactive
LiveEcon’s charts and tables move in direct response to the your actions. Change any variable or assumption and see the consequences on the screen, instantly.
Policy Oriented
Parameter values are chosen to reflect real world economies, making LiveEcon the best tool for understanding real world economic policy.
Rigorous
LiveEcon contains all the data required to derive economic models properly and to teach thoroughly the complex mechanisms and economic functions involved.
Educational
Each chapter contains a tutorial with animated graphs accompanied by text, followed by our groundbreaking “U-Drive-It!” interactive model in which you can experiment with the economy on your own, or guided by your tutor. You can then test your knowledge with our quizzes.
Comprehensive
LiveEcon includes a host of useful tools such as:
- Scroll logs which record every change to the model, letting you see right into the heart of the economy
- Searchable algebra listing for each chapter and each volume
- Notation reference guide describing all the symbols used
- Optional viewing of equations
- Glossary and searchable help
- Printable chapter text
- Blog to illustrate the principles in LiveEcon with current examples from the real world
- Scenarios giving examples of economic theories in action as part of LiveEcon Engage - where your lecturer/professor can assign online homework and tasks
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