Marcelo Clerici-Arias

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Economics
Stanford University

Materials Contributed through SERC-hosted Projects

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 the context of a principles of economics class, students are required to read the international trade chapter before coming to lecture. Students many times have trouble understanding the opportunity cost concept, connecting opportunity cost to comparative advantage, and differentiating between absolute advantage and comparative advantage. In this activity students answer a question that targets the misconception a few hours before class starts. If a large number of students exhibit any of these misconceptions, then the instructor can 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 the context of a principles of economics class, students are required to read the international trade chapter before coming to lecture. Students many times have trouble understanding the opportunity cost concept, connecting opportunity cost to comparative advantage, and differentiating between absolute advantage and comparative advantage. In this activity students answer a question that targets the misconception a few hours before class starts. If a large number of students exhibit any of these misconceptions, then the instructor can focus on the most problematic concepts in class.

Other Contribution

Marcelo Clerici-Arias part of Starting Point: Teaching and Learning Economics:About this Project:Project Participants
Associate Director - Center for Teaching and Learning 590 Escondido Mall Sweet Hall, Room 421 Stanford, CA 94305 marcelo@stanford.edu Phone:(650) 725-0127 Background Information Marcelo Clerici-Arias teaches ...


Events and Communities

Developing Modules for Teaching Economics Participants