WHAT IS ECONOMICS? 1. Economics is….. 2 the social science that studies the production, distribution, and consumption of goods and services the social.
AP MACRO MID-TERM REVIEW MODULES 1-23 Mr. Lipman.
Jeffco Citizens Leadership Academy August-October 2013 Building Bright Futures Together.
AP MACROECONOMICS MR. LIPMAN Introduction to Economics Modules 1-4 Krugman Pages 2-30 Basic Economic Concepts.
Principles of Economics The Basic Ideas and Principles that will guide our year.
AP Macroeconomics Intro to Macroeconomics. Macroeconomics is concerned with the overall ups and downs in the economy, whereas Microeconomics is concerned.
Intro to Economics What is Economics? Individual Choice, Scarcity, Opportunity Costs The Study of Economics… Macro vs. Micro, Normative vs. Positive, Economic.
Jeffco Citizens Leadership Academy
Basic Economic Concepts: Micro, Macro, PPC and Comparative Advantage Mr. Bordelon University High School AP Economics.
AP MACROECONOMICS MR. LIPMAN
Mr. Weiss Test 1 – Sections 1 & 2 – Vocabulary Review 1. market economy; 2. capital; 3. scarce; 4 opportunity cost; _____manufactured goods used to make.
AP MACRO MID-TERM REVIEW
