Lesson Plan

The Theory of Comparative Advantage

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This The Theory of Comparative Advantage lesson plan also includes:

Students take a closer look at comparative advantage. In this economics lesson, students discover details about opportunity cost, comparative advantage, and absolute advantage. Students participate in a simulation that requires them to calculate comparative and absolute advantage as they engage in trade.

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Resource Details
Grade
10th - 12th
Subjects
Social Studies & History
3 more...
Resource Type
Lesson Plans
Instructional Strategy
Simulation