EconSim

Supply & Demand

Shift the curves to see how equilibrium and price controls play out.

See how supply and demand set the equilibrium price, and how price controls create shortages or surpluses.

  • Equilibrium
  • Curve shifts
  • Price ceiling
  • Price floor
  • Shortage & surplus

Guided walkthrough

Step 1 of 4
Predict first

Drag the Demand shift slider to the right.

Before you act, predict what will happen. What happens to the equilibrium price and quantity? Then do it — did your prediction match what happened?

Price control

Market for a good

Quantity on the horizontal axis, price on the vertical axis.