Jack of All Trades: Advanced Specialization Online Module for Non-educators
In this module, use your knowledge of the production possibilities curve to determine how specialization in production can yield greater global consumption.
Specifically, Andy and Jack grow potatoes and strawberries on their islands, Los Andeles and Jackramento. When trying to find the mix of potato and strawberry production that will satisfy the islanders’ wants, they happen upon a solution that provides greater strawberry and potato consumption – specialization and trade.
Teachers: Learn more and preview the module for teachers and students.
Related: View all of the Comparative Advantage Short Modules.
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Education Level:
Non-educators
Subjects:
Economics
Concepts:
Production Possibilities Frontier
,
Trade/International Trade
,
Opportunity Cost
,
Productivity
Resource Types:
Online Module
Languages:
English
