This is what you asked for:
Manipulate[
RegionPlot[a x y - b > 0, {x, 0, 1}, {y, 0, 1}],
{{a, .5}, 0, 1}, {{b, .25}, 0, .5}]
This is what you asked for:
Manipulate[
RegionPlot[a x y - b > 0, {x, 0, 1}, {y, 0, 1}],
{{a, .5}, 0, 1}, {{b, .25}, 0, .5}]