Trade -- Lesson Plan on the Theory of Comparative Advantage

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

Twelfth graders practice using new vocabulary related to economics. They discover how to calculate comparative and absolute advantage. They also read different articles about the topic.

Inflate your knowledge, not the economy! Pupils learn more about inflation with detailed worksheets and exciting activities such as role play, an interactive PowerPoint presentation, and a project in which they design a podcast on...

Using a formula and several economic scenarios, learners answer six problem solving questions and finish a graph. They will use this worksheet to better understand comparative advantage and economic gains made through trade.

Balance and compromise. Class members come to understand the importance of these concepts as they investigate the concerns of the various stakeholders and how the format of the Constitution addressed these concerns.

Use a discussion on themes of A Lesson Before Dying by Ernest J. Gaines to inspire your class's writing. After addressing the themes of racism, commitment, and manhood, kids use historical references and evidence from the text to answer...

Delve into the economic concept of comparative advantage and guide your learners through the process of completing a corresponding input and output chart, using instruction and tips from this resource as a reference.

Introduce your young economists to the concepts of international trade and comparative advantage with Mr. Clifford, a fantastic and tech-savvy economics instructor who uses video to teach economic concepts in an engaging and clear...

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.

In the fourth episode of 60-second video clips on economics, you will review the principle of comparative advantage with your learners, explaining the benefits of international free trade as countries specialize and export their...