Marcelo Clerici-Arias

Economics

Stanford University

Workshop Participant, Website Contributor

Website Content Contributions

Activities (2)

Principles of Economics: understanding opportunity cost, comparative advantage, and absolute advantage part of Starting Point: Teaching and Learning Economics:Teaching Methods:Just in Time Teaching:Examples
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.

Principles of Economics: understanding opportunity cost, comparative advantage, and absolute advantage part of Starting Point: Teaching and Learning Economics:Teaching Methods:Just in Time Teaching:Examples
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.