Grade 9-12, Higher Education
,
On-Demand Webinar
Teaching Absolute Advantage, Comparative Advantage, Specialization and Trade
Time: 60 mins,
Presenter: Amanda Stiglbauer
Objective
In this webinar teachers will be able to:
- Calculate absolute advantage, comparative advantage and terms of trade
- Teachers will also be able to determine whether a PPC question is an input question or an output question
Standards
![](https://econedlink.org/wp-content/uploads/2023/12/iStock-1766191154.jpg 1024w, https://econedlink.org/wp-content/uploads/2023/12/iStock-1766191154-300x300.jpg 300w, https://econedlink.org/wp-content/uploads/2023/12/iStock-1766191154-150x150.jpg 150w, https://econedlink.org/wp-content/uploads/2023/12/iStock-1766191154-768x768.jpg 768w, https://econedlink.org/wp-content/uploads/2023/12/iStock-1766191154-100x100.jpg 100w)
This video is available to view for EconEdLink members only.
Description
In this webinar you will learn some trick of the trade to help you teach the concepts of absolute advantage, comparative advantage, a good and a bad terms of trade, and determining if the PPC is an input or an output PPC.
Resources
Subjects:
Economics