AP Microeconomics - Unit 1: Basic Economic Concepts
These are the notes involving the entire first unit of the AP Microeconomics curriculum, which is "Basic Economic Concepts". While taking these notes, I have benefitted from Khan Academy, CollegeBoard daily videos, and Jacob Clifford's YouTube videos. The notes specifically cover the concepts of scarcity, opportunity cost, production possibilities curve, comparative and absolute advantage, demand, supply, market equilibrium, marginal analysis, cost-benefit analysis, and economic systems.
Connected book
- 2020
- 9781260467062
- Unknown
Written for
- Course
- AP Micro - UNIT 1: Basic Economic Concepts
Document information
- Uploaded on
- January 24, 2023
- Number of pages
- 25
- Written in
- 2022/2023
- Type
- Class notes
- Professor(s)
- Collegeboard, khan academy, jacob clifford
- Contains
- All classes
Subjects
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micro
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advanced placement
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microeconomics
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basic economic concepts
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scarcity
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opportunity cost
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ppc
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ppf
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demand
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supply
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market equilibrium
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ap
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production possibilities curve
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production possibilities frontier
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m