AP Macroeconomics 2023 Summer Reading_Note-taking Assignment - Brian O'Connor

pdf

School

Laramie County Community College *

*We aren’t endorsed by this school

Course

2010 500

Subject

Economics

Date

Nov 24, 2024

Type

pdf

Pages

1

Uploaded by computerwizard697

Report
FHS-AP Macroeconomics Summer 2023 - Reading, Note-Taking Assignment Mr. O’Connor - oconnorb@franklinps.net DIRECTIONS: Read, create a set of notes, & review for Section 1(modules 1-4) Test (You must join google classroom site to complete/turn in this assignment- Class code: bnz4u3o ) A. Read AP Economics Section 1: Basic Economic Concepts (Modules 1-4) B. Create a set of detailed notes for each of the 4 modules, targeting especially the ideas & terms listed below. Your notes will be graded based this assignment rubric . This is an independent assignment. Do not copy and/or exchange notes with others. Handwritten notes are required. C. Use the “Module AP Review” question sets appearing at the end of each module to check your understanding of the material. Please turn in a picture of your completed note-taking by the due date posted on google classroom. D. Review the ideas of all 4 modules in preparation for test on Section 1 within the first two weeks of school . Essential concepts to understand: Apply to solve problems: ● scarcity & choice ● resources & 4 resource categories ● opportunity cost ● macroeconomics vs. microeconomics ● incentives ● positive vs. normative economic statements ● business cycle ● recession ● expansion ● economic growth, including causes of growth ● economic contraction, including causes of contraction ● inflation ● use of models & ceteris paribus ● production possibilities curve ● specialization ● imports vs. exports ● drawing an accurately labeled Production Possibilities Curve ● identifying efficient points on a PPC ● identifying inefficient points on a PPC ● identifying unfeasible points on a PPC ● depicting economic growth or contraction with a PPC model ● determining absolute advantage ● determining comparative advantage ● determining specialization
Discover more documents: Sign up today!
Unlock a world of knowledge! Explore tailored content for a richer learning experience. Here's what you'll get:
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help

Related Documents

Worksheet 4 - Module 2 - Lecture-by-Lecture to-do-list.pdf
Screen Shot 2023-10-02 at 3.15.32 PM.png
Our Service.pdf
N11.docx
IMG_4996.jpeg
NLFS_FAQs__22082023.pdf
27CFE0A5-9AB0-4B8A-8A8F-01092D08CD9A.jpeg
Screenshot 2023-12-08 114751.png
Final Milestone-5.pdf
TEST1.docx
MTH2.docx
TEST1.docx
Recommended textbooks for you
Text book image
Economics:
Economics
ISBN:9781285859460
Author:BOYES, William
Publisher:Cengage Learning
Text book image
ECON MICRO
Economics
ISBN:9781337000536
Author:William A. McEachern
Publisher:Cengage Learning
Text book image
Microeconomics: Principles & Policy
Economics
ISBN:9781337794992
Author:William J. Baumol, Alan S. Blinder, John L. Solow
Publisher:Cengage Learning
Text book image
Brief Principles of Macroeconomics (MindTap Cours...
Economics
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Text book image
Essentials of Economics (MindTap Course List)
Economics
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Text book image
Economics Today and Tomorrow, Student Edition
Economics
ISBN:9780078747663
Author:McGraw-Hill
Publisher:Glencoe/McGraw-Hill School Pub Co
SEE MORE TEXTBOOKS
Recommended textbooks for you
Text book image
Economics:
Economics
ISBN:9781285859460
Author:BOYES, William
Publisher:Cengage Learning
Text book image
ECON MICRO
Economics
ISBN:9781337000536
Author:William A. McEachern
Publisher:Cengage Learning
Text book image
Microeconomics: Principles & Policy
Economics
ISBN:9781337794992
Author:William J. Baumol, Alan S. Blinder, John L. Solow
Publisher:Cengage Learning
Text book image
Brief Principles of Macroeconomics (MindTap Cours...
Economics
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Text book image
Essentials of Economics (MindTap Course List)
Economics
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Text book image
Economics Today and Tomorrow, Student Edition
Economics
ISBN:9780078747663
Author:McGraw-Hill
Publisher:Glencoe/McGraw-Hill School Pub Co
SEE MORE TEXTBOOKS