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Grade 9-12

On-Demand Webinar

AP Micro: Absolute and Comparative Advantage

Time: 60 mins,

Presenter: James Redelsheimer

Teacher Version

Objective Standards Description Resources

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

Opportunity Cost, Trade, Exchange and Interdependence

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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.