This section discusses and summarizes the key concepts of economics from Chapter I: Welcome Economics! from the TEA AP Macroeconomics online text.

Concepts

economics

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Additional Tags

ap macroeconomics, macroeconomicskey concepts and summary, microeconomics and macroeconomics, overview of economic systems, theories and models to understand economic issues, what is economics, and why is it important?

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Classroom Considerations

• Knovation Readability Score: 4 (1 low difficulty, 5 high difficulty)
• The intended use for this resource is Instructional

Common Core

RH.11-12.7