The Theory of Comparative Advantage

This The Theory of Comparative Advantage lesson plan also includes:

Learners take a closer look at comparative advantage. In this economics instructional activity, students discover details about opportunity cost, comparative advantage, and absolute advantage. Learners 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