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- Grade Range
- 6th - 8th
- Rating
Students discuss international trade focusing on opportunity cost and the principle of comparative advantage. They engage in a simulation activity based on different countries and their economic benefits. Full Review »
- Rating
Sports offers students many opportunities to learn about important economic concepts in colorful and interesting ways. For examples, sports can be used to illustrate the gains from specialization in production. When players at a young age display skills w Full Review »
- Grade Range
- 6th - 8th
- Rating
Students pretend as if they are living in the year 1840 and must barter with other families in order to get all of the goods and services that they need. Full Review »
- Grade Range
- 9th - 12th
- Rating
Students investigate the impact of specialization, trading with other nations, and the value of a trade surplus. Full Review »
- Grade Range
- 12th
- Rating
Students examine the theory of comparative advantage. They read an article about globalization and trading to answer questions promoted by the teacher. They develop their own examples of comparative advantage. Full Review »
- Grade Range
- 12th
- Rating
Students practice using new vocabulary related to economics. They discover how to calculate comparative and absolute advantage. They also read different articles about the topic. Full Review »
- Grade Range
- 9th - 12th
- Rating
Students examine the North American Free Trade Agreement. Using the text, they identify how the countries intend to reduce tariffs on goods between them. They explain the differences in comparative and absolute advantage and present argument for and against free trade. Examining data, they identify the effects of NAFTA on employment in the United States. Full Review »
- Grade Range
- 9th - 12th
- Rating
Students study the pros and cons of globalization. Theyhighlight the economic concepts of comparative advantage, specialization, and opportunity cost. They read and discuss the FRBSF Economic Letter: Globalization: Threat or Opportunity for the U.S. Economy? Full Review »
- Grade Range
- 9th - 12th
- Rating
Students examine the principles of specialization, comparative advantage, absolute advantage, and opportunity cost. They take several interactive quizzes and answer discussion questions about athletes and specialization. Full Review »
- Grade Range
- 9th - 12th
- Rating
Students engage in a lesson that is about the advantage that some countries have over others. They conduct research using a variety of resources. The information is used in order to compare and contrast the advantages an disadvantages. Full Review »
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