Unit 1
AP Macroeconomics Unit 1: Basic Economic Concepts
Scarcity, opportunity cost and the production possibilities curve, comparative advantage, and the supply and demand model the rest of the course builds on.
Topics
Unit check
10 questions drawn from every lesson in Unit 1. Each wrong answer links back to where the idea is taught.
Labs for this unit
- Topic 1.6 Draw the Supply and Demand Graph Read a change in one market, move the curve it shifts, and place the new equilibrium. The page checks your graph and names what is wrong with it.
- Topic 1.2 Draw the PPC Label the axes of a production possibilities curve, show how it moves when resources or technology change, and place points inside, on and outside it. The page checks your graph.