AP Econ Overview

Skills

  1. Principles and Models: Define economic principles and models.

    1.A) Describe economic concepts, principles, or models.

    1.B) Identify an economic concept, principle, or model illustrated by an example.     1.C) Identify an economic concept, principle, or model using quantitative data.

    1.D) Describe the similarities, differences, and limitations of economic concepts, principles, or models

  1. Interpretation: Explain given economic outcomes.

    2.A) Using economic concepts, principles, or models, explain how a specific economic outcome occurs or what action should be taken in order to achieve a specific economic outcome.

    2.B Using economic concepts, principles, or models, explain how a specific economic outcome occurs when there are multiple contributing variables or what multiple actions should be taken in order to achieve a specific economic outcome.     2.C Interpretaspecific economic outcome using quantitative data or calculations

  1. Manipulation: Determine outcomes of specific economic situations.

    3.A Determine the outcome n economic situation using economic concepts, principles, or models.

    3.B Determine the effect(s) of one or more changes on other economic markets.     3.C Determine the effect(s) of a change in an economic situation using quantitative data or calculations

  1. Graphing and Visuals: Model economic situations using graphs or visual representations.

    4.A Draw an accurately labeled graph or visual to represent an economic model or market.

    4.B Demonstrateyour understandingofaspecific economic situation on an accurately labeled graph or visual.

    4.C Demonstratetheeffect of a change in an economic situation on an accurately labeled graph or visual.

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