AP Microeconomics

Senior / 12th grade

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AP Microeconomics Unit 2 Notes: Price Elasticity, Marginal Analysis, and Government Intervention
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August 2023

2022/2023
These notes are for Unit 2 of AP Microeconomics, but they can be used by anyone aiming to learn about supply and demand through a microeconomic lens. The main topics covered: marginal analysis, price elasticity of demand and supply, and the effects of government intervention in markets. These notes give details on market economies, command economies, mixed economies, explicit costs, implicit costs, cost-benefit analysis, and marginal analysis. There are charts to demonstrate and explain marg...
angelinamichalowski
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