Topics › Economics

Simulating a demand curve

Recently, I've been watching the new microeconomics lectures at Khan Academy, which got me thinking about creating an economics simulation, something I've thought about many times. Specifically, I was wondering about how to come up with a reasonable demand curve. They always seem to be drawn as a straight line but with no justification other than simplicity.

Simulating tribal island economies

I’ve just started reading Gun, Germs and Steel by Jared Diamond, and was particularly interested by the description of how various Polynesian islands developed. As with pretty much everything these days, I wondered how I could simulate such a situation, perhaps making a game out of it (there must be a computer game that is based on this time and place – something like The Settlers).