2013 Free Response Questions Walk Through | Honors Student Learning

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Become a Master in AP Marcoeconomics

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Sample Walk Through Video (16:49)

I. Basic Economic Concepts

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Scarcity, choice, and opportunity costs (9:23)
Demand, Supply, and Market Equilibrium (23:30)
Production Possibilities Curve (11:01)
Comparative advantage, Specialization, and Exchange (21:19)
Macroeconomic Issues (1:48)
Exam Problems
Walk through on Exam Problems (35:22)

II. Measurement of Economic Performance

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National Income Account-Circular Flow (10:51)
National Income Account-Gross Domestic Product (15:01)
National Income Account-Components of Gross Domestic Product, Real and Nominal GDP (28:26)
Inflation Measurement and Adjustment-Price Indices (22:46)
Inflation Measurement and Adjustment-Nominal and Real Value, Cost of Inflation (14:29)
Unemployment (12:58)
Exam Problems
Walk through on Exam Problems (32:50)

III. National Income and Price Determination

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Determinants of Aggregate Demand (16:33)
Multiplier and Crowding Out Effects (26:45)
Aggregate Supply (19:18)
Macroeconomic Equilibrium (47:14)
Exam Problems
Walk through on Exam Problems (38:08)

IV. Financial Sector

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Financial Assets, Time Value of Money and Measures of Money Supply (13:30)
Banks and Creation on Money, Money Demand, and Money Market Equilibrium (11:15)
Loanable Funds Market (15:37)
Central Bank and the Control of Money Supply (22:30)
Exam Problems
Walk through on Exam Problems (26:47)

V. Stabilization Policies

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Fiscal and monetary policies (49:29)
The Philips Curve (11:51)
Exam Problems
Walk through on Exam Problems (34:40)

Economic Growth

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Economic Growth (22:26)
Exam Problems
Walk Through on Exam Problems (2:23)

Open Economy

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Balance of Payment Accounts (8:40)
Foreign Exchange Market (30:08)
Open Economy Exam Problems
Walk Through On Exam Problems (19:30)

Free Response Questions (Written Part of the Exam)

2013 Free Response Questions
2013 Free Response Questions Walk Through (16:49)
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AP Exam Topic Breaks Down

Topics Break Down

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2013 Free Response Questions Walk Through

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