Hello, would someone be able to tell me how to simulate a graph for supply and demand and then calculate the total surplus?

Hello, would someone be able to tell me how to simulate a graph for supply and demand and then calculate the total surplus?

[Ameer Hamza]

Do you have a mathematical model or some equations to simulate the response?

[Elliott Cameron]

I was hoping to write the code on Matlab so no matter what data is presented the same process will be done

Answer 1

[Fauzan Bryantara]

Elliott, you might check this econ toolkit: https://www.mathworks.com/matlabcentral/fileexchange/32601-toolkit-on-econometrics-and-economics-teaching

...and then look at: EconToolkit/extras/Econ101Diagramv1/12 Trade Surplus/

[Elliott Cameron]

Thank you very much

Answer 2

[AHMED FAKHRI]

Hi

I am looking for the same thing, is there any better thatn the tool suggested above? it looks very old