Happy EconEdMonth! Celebrate economics all month long by visiting EconEdMonth.org

Grade 9-12
,
On-Demand Webinar

AP Micro: Absolute and Comparative Advantage

Time: 60 mins,
Presenter: James Redelsheimer
Teacher Version
Objective Standards Description Resources
Print

Objective

In this webinar teachers will be able to:

  • Calculate comparative advantage problems, including terms of the trade
  • Implement effective lessons to prepare students for AP exam questions on comparative advantage
  • Explain why countries trade based on comparative advantage

Standards

State Standards

Concepts

Globalization, International Trade

This video is available to view for EconEdLink members only.

Description

This webinar will cover key concepts and problems students need to solve on comparative advantage for the AP Exam. In addition to comparative and absolute advantage, key concepts covered will be real why nations trade, efficiency, and terms of the trade. Teachers will come away with innovative lessons, data, graphs, and practice exam questions that can easily be implemented in the classroom.

Resources

Subjects:
,Economics,Social Studies

Related Resources

Grades 9-12

Planning an International Trip

In this economics activity, students compare the cost of traveling to three international locations.
Key Concepts: Globalization, International Trade
20 mins
Activity

Grades 9-12

Analyzing U.S. Import Data

In this economics activity, students will analyze current data of products imported into the U.S.
Key Concepts: Globalization, International Trade
30 mins
Activity