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AP/IB Economics Clear

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AP Macroeconomics - The Deficit and the Debt

This lesson supports the Inflation, Unemployment, and Stabilization Policies section of the Advanced Placement Macroeconomics course. It introduces government budget...
Key Concepts: Budget Deficit, Budget Deficits and Public Debt, Budget Surplus…
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Economic Indicators for Informed Citizens

Newly updated! This lesson introduces students to three basic economic indicators: real GDP, the inflation rate, and the unemployment rate....
Key Concepts: Consumer Price Index (CPI), Employment and Unemployment, Gross Domestic Product (GDP)…
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What causes inflation?

This lesson explores different types of inflation and terms associated with this economic concept. You may have heard relatives talk...
Key Concepts: Demand, Fiscal Policy, Incentive…
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Sand Art Brownies

In this lesson, you will learn about substitute goods. You will have choices to make in your role as a...
Key Concepts: Credit, Decision Making/Cost-Benefit Analysis, Scarcity
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Timing Is Everything

In the first part of the lesson students examine the incentives and opportunity costs of spending and saving in a...
Key Concepts: Balance of Trade and Balance of Payments, Credit, Decision Making/Cost-Benefit Analysis…
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What Do People Want to Wear?

To stay in business, fashion merchandisers must be able to anticipate what consumers want. By looking at different retail websites,...
Key Concepts: Demand, Markets and Prices
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One is Silver and the Other's Gold

Students learn about the money supply and that it can affect the value of money. Students investigate this in the...
Key Concepts: Economic Institutions, Fiscal Policy, Markets and Prices…
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Inventive Incentive

There are many ways in which people are rewarded or penalized for doing, or not doing, their work. These are...
Key Concepts: Choice, Incentive
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Buying vs. Renting

Have you given any thought to where you will live when you are "on your own" - out in the...
Key Concepts: Budgeting, Consumers, Decision Making/Cost-Benefit Analysis…
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Save the Moonflowers

Margaret Mee (1909-1988) was a botanical artist who often traveled up the Amazon River alone in search of rare flowers...
Key Concepts: Goods and Services, Markets
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Bill, Are You Bogus?

In a barter system, people have to trade goods and services for other goods and services. In an economy that...
Key Concepts: Goods and Services, Money, Trade, Exchange and Interdependence
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Frontier Specialists

The level of output in an economy can be increased through specialization. Economic specialization occurs when people produce different goods...
Key Concepts: Benefits of Trade, Goods and Services, Specialization…
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