Indifference Curves

Author:
Marsh
These are indifference curves, like those you'd see in most economics textbooks. The panel on the left shows the mathematical equations used to generate these curves. The middle panel contains "sliders," a and b. If you click on the dark circle and slide it to the left or right, you will change the parameters used to generate these curves. Note that there are many other functional forms that generate curves with the properties of indifference curves.