AP Macroeconomics Overview

scottpcoen
Mind Map by scottpcoen, updated more than 1 year ago
scottpcoen
Created by scottpcoen about 6 years ago
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Mind Map on AP Macroeconomics Overview, created by scottpcoen on 03/21/2014.

Resource summary

AP Macroeconomics Overview
1 Basic Economic Concepts (8%-12%)
1.1 Scarcity, choice, and opportunity costs
1.2 Production possibilities curve
1.3 Demand, supply, and market equilibrium
2 Measurement of Economic Performance (12%-16%)
2.1 National income accounts
2.2 Unemployment
3 National Income and Price Determination (10%-15%)
3.1 Aggregate demand
3.2 Aggregate supply
3.3 Macroeconomic Equilibrium
4 Financial Sector (15%-20%)
4.1 Money, banking, and financial markets
4.2 Central bank and control of the money supply
5 Inflation, Unemployment, and Stabilization Policies (20%-30%)
5.1 Fiscal and monetary policies
5.2 Inflation and unemployment
6 Economic Growth and Productivity (5%-10%)
6.1 Investment in human capital
6.2 Investment in physical capital
6.3 Research and development
6.4 Growth policy
7 Open Economy: International Trade and Finance (10%-15%)
7.1 Balance of payments accounts
7.2 Foreign exchange market
7.3 Net exports and capital flows
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