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AP Macroeconomics · Unit 2 · 12–17% of the exam

Economic Indicators and the Business Cycle

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Step 1 · Summary

Start with the whole unit in one sitting, so each topic video has somewhere to land.

Video coming
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Step 2 · Topics

Watch each video first, then practice it separately. Practice is untimed and explains every answer.

  1. 2.1The Circular Flow and GDPVideo comingWatch
  2. 2.2Limitations of GDPVideo comingWatch
  3. 2.3UnemploymentVideo comingWatch
  4. 2.4Price Indices and InflationVideo comingWatch
  5. 2.5Costs of InflationVideo comingWatch
  6. 2.6Real vs. Nominal GDPVideo comingWatch
  7. 2.7Business CyclesVideo comingWatch
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Step 3 · Exit test

Drills for this unit are being written.

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Step 4 · Free response

One long and two short questions, self-graded against an AP-style rubric. Coming for this unit.

Discussion

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A general thread for the unit, plus one thread per free-response question that unlocks once you have submitted your own answer. Post graphs as photos; instructors can moderate.