Comparative Advantage: Econ Concepts in 60 Seconds

This Comparative Advantage: Econ Concepts in 60 Seconds video also includes:

Walk your learners step-by-step through the process of creating a comparative advantage chart with a sample problem involving the production of cars and rice on a production possibilities curve.

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CCSS: Adaptable
Classroom Considerations

  • Learners should have background knowledge of production possibilities curve before beginning video
Pros

  • Last half of video is spent really explaining concept of comparative advantage and what can lead to a need for trade
Cons

  • None