Jack of All Trades: Absolute Advantage Online Module for Non-educators
Learn about absolute advantage, the ability to produce more of a good or service than another producer using the same amount of resources as that producer, in this short online module.
The superhero Jack of All Trades recognizes that although he has the absolute advantage in many tasks, it doesn’t mean he should do all tasks, as Jack explains to mortal, Andy.
From this basic concept, you'll move toward an understanding of the benefits of trade and comparative advantage.
Teachers: Learn more and preview the module for teachers and students.
Related: View all of the Comparative Advantage Short Modules.
---
If you have difficulty accessing this content due to a disability, please contact us at 314-444-8624 or economiceducation@stls.frb.org.
Find More Economics and Personal Finance Resources
Education Level:
Non-educators
Subjects:
Economics
Concepts:
Opportunity Cost
,
Productivity
Resource Types:
Online Module
Languages:
English
