Robert Schenk, PhD
Cyber Economics: Comparative Advantage
Article with charts and links to related material discusses how free trade is a result of comparative advantage, and how consumers can consume beyond their original production possibilities frontier if they specialize and trade.
![Complex Dynamics in a Model of Economic Specialization [Pdf] Activity](https://d15y2dacu3jp90.cloudfront.net/images/attachment_defaults/resource/large/FPO-knovation.png "Complex Dynamics in a Model of Economic Specialization [Pdf] Activity")
University of Washington
Complex Dynamics in a Model of Economic Specialization [Pdf]
This article provides an in-depth study of how and why there is specialization by workers in an economy, with considerable attention given to the philosophies of Adam Smith.
Library of Economics and Liberty
Library of Economics and Liberty: Comparative Advantage
This article provides a thorough examination of comparative advantage, absolute advantage, and opportunity cost, and how these three terms are related.
Tutor2u
Tutor2u: Sources of Comparative Advantage
This site describes how comparative advantage and specialization cause international trade.
Council for Economic Education
Econ Ed Link: Clipping Coupons
Explore this website to find out how and why consumers make choices on what products to buy. Learn how producers entice consumers into buying their products. This is a very informative lesson plan.
Council for Economic Education
Econ Ed Link: I Can Dream Anything!
Go to this site for fun activities and a great instructional activity on personal choices and specialization. This instructional activity provides the primary teacher with an excellent opportunity to incorporate a character education...
Council for Economic Education
Econ Ed Link: Lean on Me We Depend on Each Other
Check out this website to learn more about the economy, specialization, and the reasons assembly lines are used.
Council for Economic Education
Econ Ed Link: Widget Production: Producing More, Using Less
This is an extension of a lesson called "Widget Production" and discusses a lesson plan on increasing productivity.
Council for Economic Education
Econ Ed Link: Classroom Cash Incentive Plan
Learn more about the economy through this informative lesson. "In this lesson, you will learn how the incentive program affects the personal choices you make in class. You will also analyze how economic incentives can affect behavior."
Council for Economic Education
Econ Ed Link: Incentives Influence Us
Find out more about the concept of incentives in our economy through this lesson plan. "You will identify incentives used at home and school."
Auburn University
Auburn University: Glossary of Political Economy Terms: Specialization
Dr. Johnson defines the term "specialization" and reasons for its development in our economy.