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Jack of All Trades: Comparative Advantage Online Course for Consumers

In this course, learn that even when absolute advantage exists, two parties can still benefit from trading, if they do so according to their comparative advantage.

Miss Information tries to persuade Andy that his new car repair and snow removal business is doomed to failure because Jack has the absolute advantage in both tasks. However, Jack dispels Miss Information’s misinformation by suggesting they work together and exploit their comparative advantage.

•  Take the Jack of All Trades: Comparative Advantage online course for consumers/general audience.

View all of the Comparative Advantage Short Courses.

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Audience:   Consumers
Language:   English
Subjects:   Economics
Resource Types:   Online Course
Concepts:   Opportunity Cost, Productivity