Comparative advantage theory

This module explains David Ricardo’s core theory of comparative advantage, the foundation of modern arguments for free trade. You will learn to calculate opportunity cost, identify comparative advantage, demonstrate mutual gains from trade, and evaluate key limitations of the model.

📖Study Guide

In-depth bilingual notes with worked past paper examples.

✍️Practice Exam

Timed practice questions with mark scheme grading. Coming soon.

🎴Flashcards

Spaced repetition for key concepts and definitions. Coming soon.

📊Visualizer Coming Soon

Interactive plots and diagrams to build intuition. Coming soon.

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