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.

Concepts

opportunity cost

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Additional Tags

production possibilities curve, per unit opportunity cost, opportunity cost, social studies

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Classroom Considerations

• Learners should have background knowledge of production possibilities curve before beginning video

• This video is hosted on YouTube

Pros

• Last half of video is spent really explaining concept of comparative advantage and what can lead to a need for trade

Cons

• None

Common Core

RH.11-12.1 RH.11-12.2 RH.11-12.4