AP Econ Unit 1 Unit 1: Basic Concepts 1 week Microeconomics Key Topics: Scarcity, Choice, Opportunity Cost, PPF, Specialization, Basic Marginal Benefit/Marginal Cost
Analysis, Fundamentals of Graphs, Incentives Readings: Module 1,3, Section 1 Appendix EBE, Ch 1, 2, 16 Assignments: p.9, p.22, p.32(#1,2,4,5), p.45
Class notes
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Review Videos
AP Econ Unit 2 Unit 2: Introduction to Macro 1 week Macroeconomics Topics: The Business Cycle, Recessions, Unemployment, Aggregate Output, Inflation and Price Stability, Circular Flow, National Income Accounts, GDP, Basic Gov’t/Markets Relationship, The Role of Government, Comparative Economic Systems Readings: Module 2, 10 EBE Ch. 26 Assignments: p.15, p.111, p.32(#6), p.150(#1,2)
Review Videos
AP Econ Unit 3 Unit 3: Introduction to Supply and Demand 2 weeks Microeconomics/Macroeconomics Topics: Demand, Supply Readings: Module 5, 6, 7 EBE Ch. 3, 5 Assignments: p.57-58, p.70, p.75-76, p.96-96(#1-12)
Class notes
Review Videos
Practice Test
AP Econ Unit 4 Unit 4: Measurement of Economic Performance 2 weeks Macroeconomics Topics: Calculating GDP, Calculating Unemployment, Causes and Categories of Unemployment, The Calculation of Inflation, Productivity, Economic Growth Readings: Module 11, 12, 13, 14, 15, 33, 37, 38 EBE Ch. 21 Assignment: p.116-117, p.125, p.133, p.140, p.148, p.374-375, p.151-155((#3,6,8,11[only:4yrPubRes and 4yrPrivRes] 13-15,17,19)
Class notes
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Can Economics Help You Be a Better Parent? |
AP Econ Unit 5 Unit 5: National Income, Price Determination, 2 weeks Macroeconomics Topics: Income, Expenditure, Spending Multiplier, Consumption, Investment, Interest Rate, Aggregate Demand, Aggregate Supply, SRAS, LRAS, Potential Output and Full Employment, Government Spending, Fiscal Policy, Taxing
Multiplier, Economic Growth in Models Readings: Module 16, 17, 18, 19, 20, 21, 40 Assignment: p.170-171, p.178, p.188-189, p.198, p.207-208, p.214, p. 403-404, p.216-219((#1,3, 4, 6-11, 13-16, 21, 22, 24)
Class notes
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Due upon arrival the Monday after Thanksgiving.
AP Econ Unit 6 Unit 6: The Financial Sector 2 weeks Macroeconomics Topics: Savings and Investment, Financial v. Capital Investment, M1, TVM, Banking and Money Creation, Money Multiplier, The Federal Reserve, Monetary Policy, Money Market, Loanable Funds Market Readings: Module 22, 23, 25, 26, 27, 28, 29 Assignment: p.229, p.236, p.251-252, p.260, p.266-267, p.275-276, p.287, p.290-293(#1,2,5,6,10,11,13,14,18-20,22)
Videos
AP Econ Unit 7 Unit 7: Stabilization Policies 1 week Macroeconomics Topics: Budget Balance, Monetary Policy and Interest Rates, The Phillips Curve (SR,LR), Macroeconomic Views Over Time Readings: Module 30, 31, 32, 34, 35, 36 EBE Ch. 22, 25 Assignment: p.306. p.314, p.319, p.341-342, p.353-364(#2,3,5,6,7,10,12)
Video:
KEYNES v. HAYEK Active v. Passive Policy Decisions
AP Econ Unit 8 Unit 8: International Trade and Finance 2 weeks Macroeconomics Topics: Capital Flows and Balance of Payments, Foreign Exchange Market, Free Trade, Comparative and Absolute Advantage Readings: Module 4, 41, 42, 43, 44, 45 EBE Ch. 23, 27, 28, Assignment: p.29-30, p.419-420, p.430, p.32-33(#8-12), p.453-454(#1,3-6, 8-10)
Videos
Comparative Advantage Review Sheet .pdf
------------------------------------------------------------------- Extra Material ------------------------------------------------------------------- Click here for optional trade worksheet. Click here for notes that will help you on International Trade...
TRADE TEST!!!! The first two parts of the total test on Int'/ Trade must be completed by Thursday March 25th, 2010!!!
AP Econ Unit 9 Unit 9: Consumer Choice 2 weeks Microeconomics Topics: Law of Diminishing Marginal Benefits, Consumer and Producer Surplus, Consumer Choice/Optimal Purchase Rule, Allocative Efficiency, Deadweight Loss, Elasticity, Total Revenue Test, Readings: Module 46, 47, 48, 49, 50, 51 EBE Ch.4, 9, 10 Assignment: p.464-465, p.474, p.481, p.493-494, p.509-519, p.521-522, p.524-528(#1-4,6,8-11,14,15,17,18)
Class notes
Review Videos
AP Econ Unit 10 Unit 10: The Role of Government and Market Failures 2 weeks Topics: Role of Government, Public versus Private Goods, Marginal Social Cost/Marginal Social Benefit Analysis, Market Failures, Positive and Negative Externalities, Taxes, Free Riders, “Tragedy of the Commons” Readings: Module 8, 9, 50, 74, 75, 76,
77, 78 EBE Ch. 11, 12, 17, 18, 24, 29 Assignment: p.86-87, p.93-94, p97-99(#13-19), p.526 (12,13), p.730, p.741-742, p.752-753, P.775-775(#1,2,7-11,14,15)
Videos
Final Assignment must be uploaded to YouTube Login ID: bartrameconomics Password: bartrambears
AP Econ Unit 11 Unit 11: Costs, Revenues and Profit 3 weeks Topics: Law of Diminishing Marginal Returns, Economies of Scale, Costs (fixed, variable, marginal), Cost Curves (relationship between curves), Total and Marginal Revenues, Profit and Loss (MR/MC and TR/TC), Break-Even, Shut Down, Economic Profit versus Normal
Profit Readings: Module 52, 53, 54, 55, 56, 57 Assignment: p. 534-535, p.540-541, p.547, p.557-558, p.565-567, p.578-581(#1-5,8-12,15,17,18)
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Health Care NYTIMES
AP Econ Unit 12 Unit 12: Perfect Competition 3 weeks Topics: Assumptions, Relationship between Industry and Firm, Profit Maximization, Long-Run Equilibriums, Short-Run Equilibriums and the Adjustment Mechanism, Allocative Efficiency. Readings: Module 58, 59, 60 EBE Ch. 6 Assignment: p.589, p597-598, p.606-607, p.632-633(#1-8)
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AP Econ Unit 13 Unit 13: Imperfect Competition 3 weeks Topics: Relationship Between Price and MR, Barriers to Entry, Profit Maximization, Monopoly, Regulation, Natural Monopoly, Oligopoly and Duopoly Game Theory with Game Tree and Payoff Matrix (dominant strategy, Nash Equilibrium, collusion, prisoner’s dilemma, interdependence), Collusive Oligopoly, Monopolistic Competition (long run and short run) (Note: In each imperfectly competitive market structure, examine its effect on allocative efficiency and consumer and producer surplus, and make comparisons to perfect competition.) Readings: Module 61, 62, 63, 64, 65, 67, 68 EBE Ch. 20 Assignment: p.615-616, p.622-623, p.629, p.633-636(#11-20), p.643,
p.650-651, p657-658, p.666-667, p675-677(#5-8,10,13,14,15)
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AP Econ Unit 14 Unit 14: Factor Markets 2 weeks Topics: Factors of Production (review definitions of marginal revenue, marginalproduct, the law of diminishing marginal returns), Derived Demand, MarginalRevenue Product Analysis, Optimal Purchase Rule, Perfectly Competitive FactorMarkets, Profit Maximization/Cost Minimization Rules, Monopsony, EconomicRent, Distribution of Income AmongFactors, Unions Readings: Module 69, 70, 71, 72, 73 EBE Ch. 7, 8, 30 Assignment: p.688-689, p.694, p.704-705, p.709-710, p.719-720(#1-9)
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REVIEW
FR 2011 |
FR 2010 |
FR 2009 |
FR 2008 |
FR 2007 |
FR 2006 |
FR 2005 |
FR 2004 (IF NEEDED) |
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Book Details
Title: |
Cracking the AP Economics Macro & Micro Exams |
Publisher: |
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Author: |
David Anderson |
Edition: |
Paperback |
Language: |
English |
ISBN: |
0375428879
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EAN: |
9780375428876
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No. of Pages: |
254 |
Publish Date: |
2009-01-31 |
Binding: |
Paperback |
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Book Details
Title: |
5 Steps to a 5 AP Microeconomics and Macroeconomics |
Publisher: |
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Author: |
Eric R Dodge |
Edition: |
Paperback |
Language: |
English |
ISBN: |
0071497951
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EAN: |
9780071497954
|
No. of Pages: |
361 |
Publish Date: |
2007-11-30 |
Binding: |
Paperback |
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Econ Unit 1 Production Possibilities, Choice, Scarcity and Opportunity Costs Factors of Production Compare Economic Systems Incentive, Specialization and Devision of Labor Markets (P&F)
Class notes
ISA #1-8 1.1 p.10 2-4 Under Armour p.11 1-2 1.2 p.17 4-6 Adam Smith p.18 1-2 1.3 p.25 2&6 2.1 p.41 2-6 Home Depot p.42 1-2 2.3 p.54 1-2
Videos
Review Videos
Econ Unit 2 Law of Demand Law of Supply Elasticity Equilibrium Marginal Analysis Graphs related to Micro Principles
Class notes
ISA #2-9 4.1 p.95 7-8 4.2 p.101 2-3 Oprah Winfrey p.102 1-2 4.3 p.109 2-4,6 iPod p.110 1-2 5.1 p.125 2-3 6.1 p.146 2-4 eBay p.147 1-2 6.2 p.154 4-6
Review Videos
Econ Unit 3 Business Structures Market Structures Financial Markets Costs Production Function Labor Markets
ISA #3-10 3.1 p.70 2-3 Andrea Jung p.71 1-2 3.2 p.77 2-4 7-Eleven p.78 1-2 5.2 p.130 4-6 5.3 p.137 2-6 7.1 p.177 5-7 Bill Gates p.178 1-2 8.2 p.213 2&4 Harley Davidson p.214 1-2
Review Videos
Econ Unit 4 Gross Domestic Product Gross National Product Macro-Measurements Employment Graphs related to Macro Principles Productivity and Growth
Class notes
ISA #5-8 12.1 p.327 2-5 12.3 p.345 8 The Rich... p.345 1-2 Global Fruit p.350 1-2 13.1 p.359 3,4&7 13.2 p.367 2,4-7 Milton Friedman p.368 1-2 13.3 p.375 5-8
Review Videos
Can Economics Help You Be a Better Parent? |
Econ Unit 5 Market Failures and Government Intervention Social Goals and Market Efficiency Principles and Types of Taxes Spending, Transfer payments, Subsidies, Deficit and Debt
ISA #4-8 7.2 p.183 3-4 6.3 p.161 2-3 9.1 p.236 2-7 9.2 p.245 2-3 10.1 p.265 4&8 10.2 p.275 2&5-6 Boeing p.276 1-2 10.3 p.283 2
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Econ Unit 6 Functions and Demand for Money Federal Reserve System
Class Notes
ISA #6-8 14.1 p.368 3 14.2 p.397 3,5,7 Ben Bernanke p.398 1-2 14.3 p.407 4-8 15.1 p.417 2,3,5-7 John Maynard Keynes p.428 1-2 15.3 p.433 3-4&7 Best Buy p.434 1-2
Review Videos
Econ Unit 7 Cash vs. Credit Loans Financial goals Investment options Retirement options Financial Intermediaries
The Assignments for this unit will be computer based.
Econ Unit 8 International Economics Currency and Foreign Exchange International Trade Comparative and Absolute Advantage
ISA #8-3 16.1 p.445 2-5 16.2 p.454 2-7 16.3 p.461 2-3&7
Videos
Comparative Advantage Review Sheet .pdf / .jpeg
Left: Bartram Alumna Hannah Klein (far left) and our favorite John Stossel - Right:Roll #14 Bailey Morris with #14
2011 NeckCAR Champ, Smoke. |