Jack of All Trades: Production Possibilities Frontier Online Module for Teachers and Students

In this module, students 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:

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Education Level: 9-12 ,  College
Subjects: AP Economics ,  Economics
Concepts: Production Possibilities Frontier ,  Trade/International Trade ,  Opportunity Cost ,  Productivity
Resource Types: Online Module
Languages: English