AP_CurricModMicroEcon

AP_CurricModMicroEcon - AP Microeconomics International...

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AP ® Microeconomics: International Economics 2008 Curriculum Module
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© 2008 The College Board. All rights reserved. College Board, Advanced Placement Program, AP, SAT, and the acorn logo are registered trademarks of the College Board. connect to college success is a trademark owned by the College Board. Visit the College Board on the Web: www.collegeboard.com.
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AP ® Microeconomics Curriculum Module: International Economics Table of Contents Editor’s Introduction ......................................................... 1 Richard K. Rankin Iolani School Honolulu, HI International Economics and the AP ® Microeconomics Course ........................... 2 Arthur Raymond Muhlenberg College Allentown, PA Trade Restrictions and Total Surplus .......................... 7 Linda M. Manning University of Ottawa Ottawa, Canada Bill McCormick Richland District Two Columbia, SC The Basics of Absolute and Comparative Advantage ....................................... 24 Peggy Pride St. Louis University High School St. Louis, MO Contributors ...................................................................... 36
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Curriculum Module: International Economics 1 International Economics Editor’s Introduction Richard K. Rankin Iolani School Honolulu, Hawaii International economics has become an increasingly important segment of economic study in recent years. Not only has international trade become a larger percentage of the gross domestic product for most countries, but it is clear that domestic monetary and fiscal policies can cause international impacts and reactions that must be considered when formulating economic policies. In addition, many students studying economics and business today will find themselves working for multinational firms during their careers. Unfortunately, recent student scores on the international economics questions of the AP® Economics Exams have not been very good compared with the other parts of the exams. There is a great deal of speculation as to why students do not perform very well on the international economics questions, but most teachers agree that one cause could be that international economics has most often been left for the last major subject taught in an economics course. As such, international economics does not always receive the attention and emphasis it deserves. As the College Board advisor for AP Economics, it is my hope that the pieces in this curriculum module will help teachers rectify the current shortcoming in teaching international economics in economics courses. They should see interesting and helpful ways to present the material, as well as ways to address the topic earlier in their economics courses and then build on that knowledge throughout the course.
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Curriculum Module: International Economics 2 International Economics and the AP ® Microeconomics Course Arthur Raymond Muhlenberg College Allentown, Pennsylvania Introduction Because of time constraints, many teachers of AP Microeconomics find that a complete
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This note was uploaded on 11/27/2011 for the course ECON 101 taught by Professor Robert during the Fall '08 term at Montgomery College.

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AP_CurricModMicroEcon - AP Microeconomics International...

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