ap macroeconomics cram – supply, demand & policy

timestamps

• 0:00

  Cram Session Introduction

• 1:00

  Starting Unit 1 Overview

• 2:27

  Recording and Viewing Tips

• 3:28

  Fiveable Connections and Discord

• 4:32

  Cram Schedule and Agenda

• 5:03

  Instructor Background

• 6:37

  Exam Purpose and Structure

• 8:42

  Scarcity in Economics

• 10:44

  Wants vs Needs

• 11:17

  Poll on AP Macro Confidence

• 13:20

  Resource Categories Explained

• 15:55

  Positive vs Normative Statements

• 17:28

  Macro vs Micro Economics

• 18:29

  Key Terms: Utility and Tradeoffs

• 20:01

  Opportunity Cost Discussion

• 21:37

  Introduction to Graphs

• 22:40

  Production Possibilities Curve

• 25:47

  Efficiency and Scarcity

• 29:53

  Law of Increasing Opportunity Costs

• 31:28

  Constant vs Increasing Costs

• 33:34

  Economic Growth on PPC

• 36:11

  Comparative Advantage Basics

• 38:16

  US-Canada Oranges and Apples

• 41:28

  Comparative Advantage Poll

• 43:03

  Trucks and Cars Example

• 45:38

  Demand Graph and Law

• 47:44

  Quantity Demanded vs Demand

• 49:52

  Determinants of Demand

• 52:25

  Complements and Expectations

• 55:02

  Shifting Demand Curve

• 56:03

  Supply Graph and Law

• 58:40

  Determinants of Supply

• 1:00:44

  Subsidies and Expectations

• 1:02:18

  Market Equilibrium

• 1:03:50

  Effects of Demand Shifts

• 1:04:53

  Reminders and Closing