AP Macroeconomics
Breakdown of the most
important topics
from our Macro.
presentations in order of being learned
1. The
Production Possibilities Curve/Frontier, Constant and Increasing Opportunity Costs,
and
Productive
and Allocative Efficiency
2. Absolute and
Comparative Advantage
3. Free Market and
Command Economies
4. The
Laws of Demand and Supply, Double-Shifts, and Market Equilibrium
5. Price Controls- Price Ceilings
and Price Floors
6. The
Factor/Resource Market- aka the Circular Flow Model
9. Economic
Fluctuations/Business Cycles
10. Inflation
11. Interest
Rates and the Federal Funds Rate
12. Aggregate
Demand, Short-run Aggregate Supply, and Long-run Aggregate Supply in the Short
and
13. Crowding Out
14. The
GDP Deflator and Consumer Price Index
15. The Foreign
Exchange Market (FOREX)
16. Unemployment
17. Fiscal
Policy
18. Monetary
Policy, Open Market Operations, and the Money Multiplier
19. Income,
the Marginal Propensity to Consume and Save, and the Spending Multiplier