Monday, April 26, 2010

Efficiency and International Trade

OBJECTIVES 

Students shall be able to

  1. describe the impact of free trade and trade restrictions on consumer surplus.

  2. describe the impact of free trade and trade restrictions on producer surplus.

  3. describe the impact of free trade and trade restrictions on economic efficiency.

 

ACTIVITIES

  1. Lecture/discussion: Free trade and trade restrictions and their effect on economic efficiency.

  2. Students shall practice with several AP free response questions.

     

Assignments:

  1. Lecture/discussion: Free trade and trade restrictions and their effect on economic efficiency.

  2. Questions from previous AP exams.

 

ASSESSMENT PROCEDURES

Monitor and adjust.