Jack of All Trades: Production Possibilities Frontier Online Module for Non-educators
In this module, learn about the production possibilities curve, a graphic representation of output combinations that can be produced given an economy’s available resources and technology.
With their new-found wealth, Andy and Jack have acquired islands, Los Andeles and Jackramento, giving Jack the perfect opportunity to teach Jack about production possibilities, opportunity cost, and the efficiencies of trade according to comparative advantage.
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
