A.P. Economics
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  • MACRO
    • Basic Economic Concepts >
      • Scarcity Notes
      • Scarcity Practice
      • Scarcity Homework
      • Comparative Advantage Notes
      • Comparative Advantage Practice
      • Comparative Advantage Homework
      • Supply and Demand Notes
      • Supply and Demand Practice
      • Supply and Demand Homework
      • Review Materials
    • Economic Indicators and the Business Cycle >
      • Circular Flow and Business Cycle Notes
      • Circular Flow and the Business Cycle Homework
      • GDP Notes
      • GDP Practice
      • GDP Homework
      • Inflation Notes
      • Inflation Homework
      • Unemployment Notes
      • Unemployment Homework
      • Review Materials
    • National Income and Price Determination >
      • MPS, MPC and The Multiplier Notes
      • MPS, MPC and The Multiplier Practice
      • MPS, MPC and The Multiplier Homework
      • ADAS Notes
      • ADAS Practice
      • ADAS Homework
      • Equilibrium Notes
      • Equilibrium Practice
      • Equilibrium Homework
      • Review Materials
    • Stabilization Policy >
      • Fiscal Policy Notes
      • Fiscal Policy Practice
      • Fiscal Policy Homework
      • Monetary Policy Notes
      • Monetary Policy Homework
      • Phillips Curve Notes
      • Phillips Curve Practice
      • Phillips Curve Homework
      • Review Materials
    • Financial Sector >
      • Money Supply and Time Value of Money Notes
      • Money Supply and the Time Value of Money Homework
      • Banking and the Money Multipler
      • Banking and the Money Multiplier Homework
      • Money Market Notes
      • Loanable Funds Notes
      • Money Market and Loanable Funds Homework
      • Review Materials
    • International Trade and Economic Growth >
      • Videos - lecture notes with narration
      • Economic Growth >
        • Lecture Notes
        • Reading
        • Unit Objectives
        • Review of Key Concepts
        • Unit Outline
        • Reading Guide
        • Problems
        • Terms
        • Unit Outline
        • Reading Guide
        • Problems
        • Terms
        • Review Materials
      • Lecture Notes
      • Reading
      • Unit Objectives
      • Review of Key Concepts
    • Final Exam
    • Ultimate AP MACRO Exam Review
  • MICRO
    • Basic Economic Concepts >
      • Scarcity and PPC Notes
      • Scarcity and PPC Homework
      • Absolute and Comparative Advantage Notes
      • Absolute and Comparative Advantage Homework
      • Marginal Analysis Notes
      • Marginal Analysis Homework
    • Supply and Demand >
      • Supply and Demand Notes
      • Supply and Demand Homework
      • Elasticity Notes
      • Elasticity Homework
      • Equilibrium and Disequilibrium Notes
      • Equilibrium and Disequilibrium Homework
      • Government Intervention and International Trade Notes
      • Government Intervention and International Trade Homework
    • Production, Cost, and the Perfect Competition Model >
      • Production Notes and Reading
      • Production Homework
      • Cost Notes and Reading
      • Cost Homework
      • Profit Notes and Reading
      • Profit Homework
      • Shut Down or Stay Open Notes
      • Shut Down or Stay Open Homework
      • Perfect Competition Notes
      • Perfect Competition Homework
    • Imperfect Competition >
      • Imperfect Competition Notes
      • Monopoly Notes
      • Monopoly Homework
      • Monopolistic Competition Notes
      • Monopolistic Competition Homework
      • Oligopoly and Game Theory Notes
      • Oligopoly and Game Theory Homework
    • Factor Markets
    • Market Failure and the Role of Government
  • Senior Breakfast

Basic Economics Concepts

Each unit contains notes, practice exercises and homework.  Notes are posted in several formats.  Download whichever you prefer to your computer and learn the material.  Practice exercises include opportunities for you to use what you have learned while checking your answers.  Practice exercises will NOT be graded and are for you benefit only.  Homework can be printed and will be turned in at the end of the unit before taking the unit test.
Scarcity Notes
Scarcity Practice
Scarcity Homework
Comparative Advantage Notes
Comparative Advantage Practice
Comparative Advantage Homework
Supply and Demand Notes
Supply and Demand Practice
Supply and Demand Homework
Review Materials
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