ap microeconomics cram – supply, demand & elasticity

timestamps

• 0:00

  Welcome and Intro

• 0:34

  Community Agreements

• 1:06

  Cram Session Tips

• 2:09

  Team Introduction

• 3:42

  Pre-Exam Poll

• 4:46

  Agenda Overview

• 5:48

  Scarcity Explained

• 6:49

  Factors of Production

• 7:52

  Opportunity Cost

• 9:25

  Resource Allocation

• 9:57

  Economic Systems

• 12:00

  Market Economy

• 13:02

  Command Economy

• 13:32

  Mixed Economy

• 14:35

  Efficiency Types

• 16:09

  PPC Curve

• 18:13

  PPC Points

• 19:46

  PPC Opportunity Cost

• 21:19

  PPC Shifts

• 23:22

  Productive vs Allocative

• 24:30

  Comparative Advantage

• 26:04

  Absolute Advantage

• 28:09

  Calculating Advantage

• 30:13

  Trade Gains

• 30:44

  Trade Barriers

• 31:46

  First Break

• 44:24

  Marginal Analysis

• 46:00

  Cost-Benefit Analysis

• 46:32

  Utility Concept

• 48:37

  Diminishing Utility

• 50:44

  Utility Maximization

• 53:21

  Second Break

• 1:00:15

  Unit 2 Start

• 1:04:52

  Law of Demand

• 1:06:54

  Demand Shifters

• 1:11:01

  Demand vs Quantity

• 1:12:05

  Law of Supply

• 1:13:36

  Supply Shifters

• 1:17:13

  Market Equilibrium

• 1:18:45

  Equilibrium Shifts

• 1:21:22

  Surplus Calculation

• 1:24:56

  Surpluses Shortages

• 1:27:04

  Equilibrium Adjustments

• 1:29:11

  Demand Elasticity

• 1:30:13

  Elasticity Types

• 1:32:51

  Revenue Test

• 1:33:53

  Elasticity Determinants

• 1:36:32

  Supply Elasticity

• 1:37:02

  Income Elasticity

• 1:39:09

  Cross-Price Elasticity

• 1:41:44

  Government Intervention

• 1:42:15

  Ceilings Floors

• 1:43:17

  Tax Types

• 1:44:21

  International Trade

• 1:44:51

  Tariffs Quotas

• 1:48:04

  Third Break

• 1:54:33

  Practice Questions

• 1:56:42

  FRQ Breakdown

• 2:07:14

  Poll Questions

• 2:10:30

  Cram Quiz Start

• 2:54:00

  Quiz Wrap-Up

• 2:56:04

  Final Q&A