ap microeconomics cram – night 1 full review

timestamps

• 0:00

  Welcome and Community Agreements

• 0:34

  Making the Most of Cram Session

• 2:42

  Team Introductions

• 3:43

  Pre-Exam Poll

• 4:44

  Exam Breakdown and Agenda

• 5:44

  Unit 1: Scarcity

• 6:48

  Factors of Production

• 7:49

  Opportunity Cost

• 9:53

  Economic Systems

• 13:58

  Efficiency in Economies

• 16:05

  Production Possibilities Curve

• 19:43

  Opportunity Cost Calculation

• 21:45

  PPC Shifts and Movements

• 24:22

  Comparative Advantage

• 30:03

  Gains from Trade

• 31:35

  First Break

• 44:27

  Marginal Analysis Introduction

• 47:32

  Utility and Marginal Utility

• 51:42

  Diminishing Marginal Returns

• 54:20

  Second Break

• 1:00:15

  Unit 2: Demand and Shifters

• 1:06:59

  Supply and Shifters

• 1:17:23

  Market Equilibrium

• 1:21:33

  Surpluses and Shortages

• 1:22:36

  Producer and Consumer Surplus

• 1:29:22

  Price Elasticity of Demand

• 1:36:18

  Price Elasticity of Supply

• 1:37:19

  Income Elasticity

• 1:39:22

  Cross-Price Elasticity

• 1:41:28

  Government Intervention

• 1:44:40

  International Trade and Tariffs

• 1:46:45

  Quotas and Graphs

• 1:48:21

  Third Break

• 1:54:34

  Practice Questions

• 1:56:39

  FRQ Practice

• 2:07:06

  Poll on Trade Quotas

• 2:10:15

  Elasticity Poll

• 2:10:49

  Cram Quiz Begins

• 2:54:21

  Quiz Wrap-Up and Q&A

• 2:57:29

  Session Outro