Unit 1: Basic Economic Concepts

Subdecks (5)

1.1 Scarcity
AP Macroeconomics > Unit 1: Basic Economic Concepts
15 cards
1.2 Opportunity Cost and the Production Possibilities Curve (PPC)
AP Macroeconomics > Unit 1: Basic Economic Concepts
68 cards
1.3 Comparative Advantage and Gains from Trade
AP Macroeconomics > Unit 1: Basic Economic Concepts
47 cards
1.4 Supply and Demand
AP Macroeconomics > Unit 1: Basic Economic Concepts
40 cards
1.5 Market Equilibrium, Disequilibrium, and Changes in Equilibrium
AP Macroeconomics > Unit 1: Basic Economic Concepts
34 cards