Chapter 10 - Aggregate Expenditures: The Multiplier, Net Exports, and Government
Introduction
- This chapter examines why real GDP might be unstable and subject to cyclical fluctuations.
- The revised model adds realism by inc
Economics
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Chapter 09 - Building the Aggregate Expenditures Model
Introduction-What Determines GDP?
- This chapter and the next focus on the aggregate expenditures model.We use the definitions and facts from previous c
Chapter 08 - Introduction to Economic Growth and Instability
Introduction: This chapter provides an introductory look at trends of real GDP growth and the macroeconomic problems of the business cycle, unemployment and inflation.
Chapter 07 - Measuring Domestic Output, National Income, and the Price Level
Assessing the Economy's Performance
- National income accounting measures the economy's performance by measuring the flows of income and expenditures ov
Chapter 05 The U.S. Economy: Private and Public Sectors
Goals of Chapter
- To acquire basic factual information about the household and business components of the private sector economy.
- To acquire b
Chapter 03 - Individual Markets: Demand and Supply
Characteristics of the Market System
- Private individuals and firms own most of the private property (land and capital).
- Private property, coup
Chapter 02 - The Economizing Problem
The foundation of economics is the economizing problem: society's material wants are unlimited while resources are limited or scarce.
- Unlimited wants
Chapter 01 - The Nature and Method of Economics
Definition of Economics
- The social science concerned with the efficient use of limited or scarce resources to achieve maximum satisfaction of human materials wa
Macroeconomics, 15th Edition Textbook
Here you will find AP Economics outlines for the Macroeconomics, 15th Edition Textbook. These economics notes cover all of the key topics covered in the Macroeconomics, 15th edition textbook.
Outlines
Here you will find AP Economics outlines to help you prepare for the AP Economics Exam or any other economics test.
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