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In principles of economics students many times have trouble understanding the concept of opportunity cost, connecting opportunity cost to comparative advantage, and differentiating between absolute advantage and comparative advantage. This activity allows the instructor to detect whether a large number of students exhibit any of these misconceptions, and then focus on the most problematic concepts in class.
- Subject:
- Business and Communication
- Economics
- Social Science
- Material Type:
- Activity/Lab
- Provider:
- Science Education Resource Center (SERC) at Carleton College
- Provider Set:
- Teaching and Learning Economics (SERC)
- Author:
- Marcelo Clerici-Arias
- Date Added:
- 04/04/2019