Comparative Advantage Learning Software: Application (Off-line) Software with Assessment Capabilities

John Lovett ()
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John Lovett: Texas Christian University

Computers in Higher Education Economics Review, 2007, vol. 19, issue 1, pages 33-38

Abstract: This paper describes software, written by the author, for learning comparative advantage and the specialisation gains from trade. Starting with given absolute costs and available resources for two nations, the student constructs production possibilities curves. He or she then picks a term of trade and feasible levels of exports and imports at which both nations can gain from trade. This non-commercial software is application software rather than a web application. As such, it is easier to develop than comparable web applications. Traditionally, application software has lacked the relatively secure assessment (i.e. grading) capability of web applications. The software described in this paper, however, produces a verifiable assessment by producing a code based on the student's identifiers and his or her score. This code is then passed to the instructor who, using other software, decodes it.

Date: 2007
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