AP Notes, Outlines, Study Guides, Vocabulary, Practice Exams and more!

Economics

Forum reference: 
Economics
Book page: 
http://course-notes.org/Economics

2009.pdf

Subject: 
Economics
Rating: 
0
No votes yet
Tags: 
economics
macroeconomics
monetary policy
money
Interest rates
inflation
Economic theories
Phillips curve
unemployment
Real interest rate
Federal funds rate
Federal Reserve System
Business
education

AP? Macroeconomics 2009 Free-Response Questions The College Board The College Board is a not-for-profit membership association whose mission is to connect students to college success and opportunity. Founded in 1900, the association is composed of more than 5,600 schools, colleges, universities and other educational organizations. Each year, the College Board serves seven million students and their parents, 23,000 high schools and 3,800 colleges through major programs and services in college readiness, college admissions, guidance, assessment, financial aid, enrollment, and teaching and learning. Among its best-known programs are the SAT?, the PSAT/NMSQT? and the Advanced

2009_form_b.pdf

Subject: 
Economics
Rating: 
0
No votes yet
Tags: 
economics
macroeconomics
monetary policy
demand
Economic theories
Supply and demand
unemployment
Phillips curve
Economic equilibrium
Aggregate demand
Long run and short run
Central bank
education

AP? Macroeconomics 2009 Free-Response Questions Form B The College Board The College Board is a not-for-profit membership association whose mission is to connect students to college success and opportunity. Founded in 1900, the association is composed of more than 5,600 schools, colleges, universities and other educational organizations. Each year, the College Board serves seven million students and their parents, 23,000 high schools and 3,800 colleges through major programs and services in college readiness, college admissions, guidance, assessment, financial aid, enrollment, and teaching and learning. Among its best-known programs are the SAT?, the PSAT/NMSQT? and the Advanced

2010.pdf

Subject: 
Economics
Rating: 
0
No votes yet
Tags: 
economics
education
demand
Economic theories
College Board
Supply and demand
macroeconomics
unemployment
inflation
Advanced Placement
PSAT/NMSQT
Aggregate demand
Business

AP? Macroeconomics 2010 Free-Response Questions The College Board The College Board is a not-for-profit membership association whose mission is to connect students to college success and opportunity. Founded in 1900, the College Board is composed of more than 5,700 schools, colleges, universities and other educational organizations. Each year, the College Board serves seven million students and their parents, 23,000 high schools, and 3,800 colleges through major programs and services in college readiness, college admission, guidance, assessment, financial aid and enrollment. Among its widely recognized programs are the SAT?, the PSAT/NMSQT?, the Advanced Placement Program?

2010_form_b.pdf

Subject: 
Economics
Rating: 
0
No votes yet
Tags: 
economics
education
demand
Economic theories
monetary policy
macroeconomics
Supply and demand
College Board
Aggregate demand
Phillips curve
Long run and short run
PSAT/NMSQT
Business

AP? Macroeconomics 2010 Free-Response Questions Form B The College Board The College Board is a not-for-profit membership association whose mission is to connect students to college success and opportunity. Founded in 1900, the College Board is composed of more than 5,700 schools, colleges, universities and other educational organizations. Each year, the College Board serves seven million students and their parents, 23,000 high schools, and 3,800 colleges through major programs and services in college readiness, college admission, guidance, assessment, financial aid and enrollment. Among its widely recognized programs are the SAT?, the PSAT/NMSQT?, the Advanced Placement Program?

Economic Basics

Subject: 
Economics
Rating: 
0
No votes yet

McConnell Ch 1-5 5 Steps Ch 5-6 Social science concerned with the efficient use of scarce resources to achieve the maximum satisfaction of unlimited needs and wants. The study of making choices to get what you want Lots of graphs? fun, fun graphs! An important reason for studying economics is to learn a way of thinking?critical thinking! The study of economics is an essential part of the study of society. Economic decisions often have enormous consequences. An understanding of economics is essential to an understanding of global affairs. Voting decisions also require a basic understanding of economics. 1.? People economize.? People choose the alternative with the least cost and greatest benefit. 2.? All choices involve cost.?Cost does not always = money!

Ch 2 AP Micro econ

Subject: 
Economics
Rating: 
0
No votes yet
Tags: 
economics
Economic systems
Economic liberalism
Economic ideologies
Political economy
Capitalism
Individualism
Business

The Market System and the Circular Flow 02 McGraw-Hill/Irwin Copyright ? 2012 by The McGraw-Hill Companies, Inc. All rights reserved. The Market System Known as capitalism Characteristics of market systems: Private property Freedom of enterprise and choice Self-Interest Competition Markets and prices Australia, Switzerland, and the U.K. LO1 2-* Global Perspective LO2 Index of Economic Freedom, Selected Nations 2-* Technology and Capital Goods Advanced technology and capital goods are encouraged Specialization Division of labor Geographic specialization LO2 2-* Active, but Limited Government Government may be needed to alleviate market failures Government can increase effectiveness of a market system LO2 2-* The Five Fundamental Questions

Ch 1 AP Micro econ

Subject: 
Economics
Rating: 
0
No votes yet
Tags: 
economics
Economic theories
Marginal concepts
Microeconomics
Consumer theory
Marginalism
Marginal utility
Labour economics
Opportunity cost
macroeconomics

01 Limits, Alternatives, and Choices McGraw-Hill/Irwin Copyright ? 2012 by The McGraw-Hill Companies, Inc. All rights reserved. Introduction Economics defined Economic wants exceed productive capacity A social science concerned with making optimal choices under conditions of scarcity LO1 1-* The Economic Perspective Scarcity and Choice Purposeful Behavior Marginal Analysis Resources are scarce Rational self-interest Marginal benefit Choices must be made Individuals and utility Marginal cost Opportunity cost Firms and profit Marginal means extra There?s no free lunch Desired outcomes MB and MC LO1 1-* Theories, Principles, and Models The scientific method Economic principles Generalizations Other-things-equal assumption Graphical expression Observe

Krugman Macroeconomics Chapter 30

Subject: 
Economics
Rating: 
0
No votes yet
Tags: 
Fiscal policy
Public economics
Economic policy
macroeconomics
Government budget deficit
Balanced budget
Government debt
Deficit spending
United States public debt
Business
Social Issues
Politics

Module 30: Long-run Implications of Fiscal Policy: Deficits and the Public Debt ? Why governments calculate the cyclically adjusted budget balance Why a large public debt may be a cause for concern Why implicit liabilities of the government are also a cause for concern ? Recession ? Expansionary fiscal policy ? Raising government spending/lowering taxes ? Aggregate demand curve shifts to the right Inflation ? Contractionary fiscal policy ? Lowering government spending/raising taxes ? Aggregate demand curve shifts to the left ? The Budget Balance as a Measure of Fiscal Policy Budget Balance: the difference between the government?s tax revenue and its spending in a given year T: value of tax revenues G: government purchases of goods and services

Krugman Macroeconomics Chapter 21

Subject: 
Economics
Rating: 
0
No votes yet
Tags: 
economics
macroeconomics
Fiscal policy
Public finance
Economic policy
Macroeconomic policy
Automatic stabilizer
Fiscal multiplier
Multiplier
Tax
Contractionary monetary policy
Interaction between monetary and fiscal policies
Business
Politics

Module 21: Fiscal Policy and the Multiplier ? Why fiscal policy has a multiplier effect How the multiplier effect is influenced by automatic stabilizers ? Multiplier Effects of an Increase in Government Purchases of Goods and Services Government purchase ? firms earn revenues ? money flows to households ? increase disposable income ? rise in consumer spending ? firms increase output ? rise in disposable income ? Multiplier Effects of Changes in Government Transfers and Taxes Fiscal Policy: government purchases of goods and services change transfer payments or taxes change in government transfers or taxes shifts the aggregate demand curve by less than an equal-sized change in government purchases

Krugman Macroeconomics Chapter 20

Subject: 
Economics
Rating: 
0
No votes yet
Tags: 
economics
macroeconomics
Public finance
demand
monetary policy
inflation
Inflationary gap
Fiscal policy
business cycle
Aggregate demand
unemployment
Aggregate supply
Aggregate supply
Business
Politics
Social Issues

Module 20: Economic Policy and the Aggregate Demand? Aggregate Supply Model How the AD?AS model is used to formulate macroeconomic policy The rationale for stabilization policy Why fiscal policy is an important tool for managing economic fluctuations Which policies constitute expansionary fiscal policy and which constitute contractionary fiscal policy ? ? Economy is self-correcting in the long run: it will eventually trend back to potential output Stabilization policy: is the use of government policy to reduce the severity of recessions and rein in excessively strong expansions ? Policy in the Face of Demand Shocks Monetary and fiscal policy shift the aggregate demand curve

Pages

Subscribe to RSS - Economics

Need Help?

We hope your visit has been a productive one. If you're having any problems, or would like to give some feedback, we'd love to hear from you.

For general help, questions, and suggestions, try our dedicated support forums.

If you need to contact the Course-Notes.Org web experience team, please use our contact form.

Need Notes?

While we strive to provide the most comprehensive notes for as many high school textbooks as possible, there are certainly going to be some that we miss. Drop us a note and let us know which textbooks you need. Be sure to include which edition of the textbook you are using! If we see enough demand, we'll do whatever we can to get those notes up on the site for you!