Teaching Simulations

Interactive simulations for economics courses at United Arab Emirates University, by Dr. Usman Khalid. Each one runs in your browser, and nothing you do is saved or sent anywhere.

Principles of Microeconomics

Shawarma Market Shifts

Supply, demand and market shifts

Something happens in the market for shawarma near the university. Say which curve moves and what happens to the price and the quantity, then watch it on the graph.

International Finance and Policy

The Arbitrage Desk

Exchange rates, interest rates and arbitrage

You are a trader at a bank in Dubai with 1,000,000 dirhams. In each round, decide if there is a riskless profit, then trade and see what you end with.

Money and the Dollar

Money, prices and the exchange rate in the long run

A central bank makes a decision about money. Predict what happens to prices and to the exchange rate, then watch ten years play out.

The Overshooting Dollar

Interest rates and exchange rate overshooting

The Fed raises the money supply by 10 percent. Follow the dollar on the day of the news and in the long run.