AP MacroEconomics – 1/28/2020

I. Objectives:

  • Analyze, create models, and explain  (using data from PPCs or tables as appropriate) how specialization according to comparative advantage with appropriate terms of trade can lead to gains from trade.
  • Create and explain (using graphs as appropriate) the relationship between the price of a good or service and the quantity demanded and/or quantity supplied
  • Demonstrate the effect of a change in an economic situation  (equilibrium) on an accurately labeled graph or visual.

II.  Classwork

  • Unit 1 Quiz

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