Menu | <<<< | >>>> | Consumer surplus – an indicator that can be added to a VORSIM model

This diagram (created with VORPLOT) shows how to calculated simple consumer surplus (assuming a long run – non-shifting – demand curve) as a welfare indicator in an economic model. Formulas for indicators like this can be added to the Indicator workbook for a model or can be calculated from model solutions in report workbooks. This diagram was also created with VORPLOT.