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Unit Objectives

AP Economics Schedule
AP ECONOMICS UNIT I
MicroEconomics
UNIT OF STUDY
READINGS FROM BRUE/McCONNELL SUPPLEMENTAL SOURCES MEDIA UNIT TEST DATE
Basic Economic Concepts
(8-12% of the AP Exam; 5-7 Days)
 
- Graphing Skills
A. Scarcity, Needs and Wants
B. Opportunity Costs and Tradeoffs
C. The Production Possibilities Curve
D. Comparative Economic Systems and the Basic Economic Questions

How to Use Powerpoint

Appendix: Graphs and Their Meaning
Chapter 1
Limits, Alternatives, and Choices

(PowerPoint)
Chapter 2
The Market System and the Circular Flow

(PowerPoint)

The Worldly Philosophers
- Heilbroner
*Chapter I*
The Economic Revolution

*Chapter II*
The Wonderful World of Adam Smith

New Ideas from Dead Economists
- Buchholz
*Chapter I*
The Plight of the Economist

*Chapter II*
The Second Coming of Adam Smith

*Chapter VI*
The Angry Oracle Called Karl Marx

Economic Reasoning:  Three-Ten Combination Once to the Side

Economics U$A #1

Economics U$A #2

9/15
Review Sheet 1,
Review Sheet 2

Recomended:

  • study guide appendix, pp. 213-219
  • study guide chapter 1, pp. 1-10
  • study guide chapter 2, pp. 11-19