US High School Economics class: Are there any steaks left to be discovered?
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
This article picked by a teacher with suggested questions is part of the Financial Times free schools access programme. Details/registration here.
Read our full range of US High School economics picks here.
Specification:
Trade and specialisation
Click to read the article below and then answer the questions:
Are there any steaks left to be discovered?
As an economist, explain the proliferation of meatheads
Graph the market for beef. Show the change in the market that has occurred as consumers are increasingly interested in Mexican and Korean cuisine
How has specialisation transformed the beef industry?
How does finding new meat cuts affect the profitability of meat suppliers?
Ariel Slonim at MRU Econinbox
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