CourseCourseQuestionQuestion
AP Macroeconomics
Unit 1: Basic Economic Concepts
1.1 Scarcity
1.2 Opportunity Cost and the Production Possibilities Curve (PPC)
1.3 Comparative Advantage and Gains from Trade
1.4 Demand
1.5 Supply
1.6 Market Equilibrium, Disequilibrium, and Changes in Equilibrium
MKT-2.E—Define (using graphs as appropriate) market equilibrium
MKT-2.F—a. Define a surplus and shortage. b. Explain (using graphs as appropriate) how prices adjust to restore equilibrium in markets…
MKT-2.G—Explain (using graphs as appropriate) how changes in demand and supply affect equilibrium price and equilibrium quantity
Unit 2: Economic Indicators and the Business Cycle
Unit 3: National Income and Price Determination
Unit 4: Financial Sector
Unit 5: Long-Run Consequences of Stabilization Policies
Unit 6: Open Economy—International Trade and Finance
AP/Macroeconomics/Concept//Unit 1: Basic Economic Concepts/1.6 Market Equilibrium, Disequilibrium, and Changes in Equilibrium/MKT-2.E—Define (using graphs as appropriate) market equilibrium

Unit 1: Basic Economic Concepts

Syllabus
2026
Section
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Level
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Exam analysis

Most tested topics

  1. Scarcity
  2. Opportunity Cost and the Production Possibilities Curve (PPC)
  3. Comparative Advantage and Gains from Trade
  4. Demand
  5. Supply
  6. Market Equilibrium, Disequilibrium, and Changes in Equilibrium