APM2: Supply & Demand

Supply & Demand

This unit represents 20-25% of the AP Microeconomics test.

• 2.1 Demand
  • Notes Supply and Demand
• 2.2 Supply
• 2.3 Price Elasticity of Demand
  • Notes Price Elasticity
• 2.4 Price Elasticity of Supply
• 2.5 Other Elasticities
• 2.6 Market Equilibrium and Consumer and Producer Surplus
  • Notes Consumer and Producer Surplus
• 2.7 Market Disequilibrium and Changes in Equilibrium
• 2.8 The Effects of Government Intervention in Markets
  • Notes Price Controls
• 2.9 International Trade and Public Policy