Micro 1.4/Macro 1.3 Comparative Advantage

This video covers topic 1.4 of the AP Microeconomics Course Exam Description (CED). Here, you will learn what Absolute is and how Comparative Advantage can be used with specialization and mutually beneficial terms of trade to consume outside one's production possibilitites curve.

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I would like to acknowlege the work of Dick Brunelle and Steven Reff from Reffonomics.com who’s work inspired many of the review games on ReviewEcon.com. I would also like to thank Francis McMann, James Chasey, and Steven Reff who taught me how to be an effective AP Economics teacher at AP summer institutes; as well as the countless high school teachers, and college professors from the AP readings, economics facebook groups, and #econtwitter.