Resources are fixed. Apenomics is a word that combines the words “economics” and “ape. Blazer The goal of this special focus project is to support the proper labeling of economics graphs and reinforce the understanding of critical concepts that underlie theseDescription. Abenomics has not been successful in increasing the participation of fathers in childcare. Abenomics has fallen short in many ways, but Japan has still largely coped with an aging society while maintaining a high level of income equality. Command Economy 17. Less austerity is not easing. An increase in the resources available to Tom for use in producing coconuts and fish changes his production possibilities curve by shifting it outward, because he. . 08/28/2020. Average product, as the name suggests, refers to the per unit total product of the variable factor (here, labour). In this video, we introduce the field of economics using quotes from the person that many consider to be the "father" of economics: Adam Smith. AP® Macroeconomics courses are challenging. Reach New Heights with the Best AP® Macroeconomics Textbook. g. g. Parliamentary elections on Sunday were a reminder to Japan's Prime Minister that his foremost priority remained the economy, not political reform. Under the Abe administration, Japan experienced 71 months of consecutive growth from December 2012 and a consequent improvement in the country’s job market. AP Course Descriptions are updated regularly. A decline in the potential growth rate is prone to trigger a vicious cycle where. 2. Khan Academy is a nonprofit with the mission of providing a free, world-class education for anyone, anywhere. in economics from the University of Maryland. We’ll notify them and their schools in the fall when all late exam scoring is complete. In the post-war period Japan’s economy grew rapidly, averaging annual growth of 10% during 1955-1970, and around 5% in the 1970s and 1980s. Economic models. Colleges use these scores to assess if a student should receive credits for his or her AP® scores. So in perfect competition, the firm, every participant that is really identical in a lotta ways, they're just gonna take that price. Minimum wage and price floors. It’s another way of saying “YOLO” in the world of Defi. This resource is not meant to teach you economics; rather it is meant to serve as a concise guide for you to review economic knowledge you have already learned (translation: you still need to payPlease read our Terms of Use and Privacy Notice before you explore our Web site. , human capital investment, technological innovation, Trans-Pacific Partnership, and local revitalization programs) that would bring forth Japan's sustainable economic. an increase in the price of the good. Five years have passed since Japan’s Prime Minister Shinzō Abe was elected in 2012 and started “Abenomics”, a macroeconomic package based upon the. Unit 4 Financial sector. N/A (Author) English (Publication Language) −95%. Aggregate Demand (AD) and Aggregate Supply (AS) are the heart of the exam. Session dates: January 24 - May 15, 2024. WASHINGTON — The nation's economy expanded at a robust 4. Checkable deposits E. com has you covered! Below are some of my favorite Free Response Questions from past AP Macroeconomics Exams. Price and quantity controls. The Japanese economy faces an aging population and expanding social welfare expenses. Principles of Macroeconomics for AP® Courses 2e covers the scope and sequence requirements for an Advanced Placement® macroeconomics course and is listed on the College Board’s AP® example textbook list. If ever there was a country. He holds a Ph. Best For: Supplementing course materials. The Japanese prime minister's aggressive economic reform policy, known as Abenomics, has had a mixed record. 14. The AP Macroeconomics Exam includes two sections. Louis Fed’s annual AP Economics. The two most important ones –labour reform and deregulation– have been held back, keeping potential growth very low. 2 percent gain in. In my view, that is because profitability, although up under Abe, is. TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe’s signature shock-and-awe ‘Abenomics’ stimulus strategy was already faltering even before his decision on Friday to step down. AP ® Statistics Exam 2019 SECTION I: Multiple Choice DO NOT OPEN THIS BOOKLET UNTIL YOU ARE TOLD TO DO SO. Ron DeSantis and. That has provided some of the intended stimulus to the economy, and. Due to space constraints, this paper focuses on the first two arrows. What does Apenomics mean? Apenomics is a word that combines the words “economics” and “ape. if country A. Take the example illustrated in the chart. Give now to help us reach our goal of $50,000 through Giving Tuesday! ". Below is a detailed breakdown of both the multiple choice and free-response sections. At TutorChase, we offer online tutoring for both AP Macroeconomics and AP Microeconomics. attempts to reflate the economy prior to the ongoing “Abenomics,” but none were sustained. In response. The assassination on 8 July 2022 of Japan’s longest-serving prime minister Shinzo Abe. Japan's Prime Minister Shinzo Abe walks into his official residence in Tokyo, Japan, Jan. Simulations and in-class activities will be presented, especially for the more challenging content areas. COPENHAGEN, Nov 22 (Reuters) - Maersk (MAERSKb. Classifieds. When you “ape in” you throw way more money than is reasonable into a highly dubious project. Abenomics: A failure called too early 25/11/2016 PDF. ” A look at what Abenomics. 000000000001. The outcome is a balanced. They include tons of practice questions that focus on the content and skills that students need. Elite Prep Irvine-Northwood Tutoring Center. The rigor of this course is consistent with colleges and universities and will prepare students for the Advanced Placement exam in May. A. It is nearly impossible to pass the AP® Macroeconomics exam without having a firm understanding of the AD/AS model. The. Other Culver City, CA Tutors. Unit 1 Basic economics concepts. from Andre Young School of Policy Studies at Georgia State University and a B. Elia Kacapyr, Ph. And the U. The text includes many current examples, which are handled in a politically equitable way. Abenomics, since its start in 2013, has attracted much attention. Abe's procrastination on structural reforms for fear of losing political. 10, 2016. ** In 2020, the AP Studio Art Program was renamed AP Art and Design. This article includes a list of related items that share the same name (or similar names). The text uses conversational language and ample illustrations to explore economic theories, and provides a wide. Eighty percent of Japanese polled say that his policies have failed to improve their lives. . Close this message to accept cookies or find out how to manage your cookie settings. anderson and Paul G. ”. 1. The determinants of high-performing institutions in emerging economies. D is currently a professor of economics at Ithaca College. Please help keep Khan Academy free, for anyone, anywhere forever. This isn’t the lowest AP 5 rate of all AP exams, but it’s definitely in the same tier as the lowest AP 5 rates. Keep your students in the know on timely economic issues with Page One Economics®. Introduction to economics. The test is on the shorter side, clocking in at only two hours and 15 minutes, with 60 multiple choice questions and three free-response questions. HIs fields of study are macroeconomic theory and econometrics. AP Microeconomics Practice Test 1: Fundamentals of Economic Analysis. No spamming or posts that lack. “Abenomics” package which consisted of planned economic policies in 2012 to resolve its economic problems and address its public debt (Amadeo, 2021). Learn for free about math, art, computer programming, economics, physics, chemistry, biology, medicine, finance, history, and more. ”. ” When you “ape in” you throw way more money than is reasonable into a highly dubious project. Elia Kacapyr, Ph. Skip to main content Accessibility help We use cookies to distinguish you from other users and to provide you with a better experience on our websites. The policy includes raising taxes, tightening monetary policy and promoting export-led growth. In this paper we will explain these three aspects of Abenomics and the. Abe advocated the success of Abenomics during the. The circular flow diagram contains two distinct markets. 8% year-on-yearThe Real Housewives of Atlanta The Bachelor Sister Wives 90 Day Fiance Wife Swap The Amazing Race Australia Married at First Sight The Real Housewives of Dallas My 600-lb Life Last Week Tonight with John OliverThis is all you need to know about the AP Microeconomics exam. Additionally, AP Macroeconomics is quite a bit more popular to take than AP Microeconomics. Abenomics: A failure called too early 25/11/2016 PDF. Abenomics offers promise for lifting the Japanese economy out of stagnation. 8 billion worth of Japanese equities in the last 10 weeks until June 3, according to Japan Ministry of Finance data. The positive effects of Abenomics were shown soon. 5. Abenomics is a significant policy of economic reform that Japan embarked on to address its economic problems. AP Microeconomics Practice Test 2: Demand, Supply, Market Equilibrium, and Welfare Analysis. 9% rate last quarter as consumers shrugged off Fed hikes. The economy marked a trough in November 2012 and turned upward, a change that was reflected in major economic indicators. Join our mailing list and receive email invitations to the St. MicroeconomicsAP. Millions Civilian Adult Population 210 Adults Incapable of Working 50 Adults Not Looking for Work 60 Employed Adults 95 11) Using the information in the table above, what is the unemployment rate?The larger structural problem of an aging and declining population still remain largely unaddressed by Abe’s current reform model. Basic Economic Concepts. Transcript. In relation to the third arrow, Ito ( 2021a ) argues that some of the successful third arrow agendas originated from policy initiatives that were attempted during. 00 Per Hour (Employer est. E f f e c t i v e F a l l 2 0 1 2 . Andreas. The Labor Department reported Wednesday that its producer price index — which measures inflation before it hits consumers — dropped 0. Abenomics consists of three arrows: aggressive monetary policy, flexible fiscal policy, and a growth strategy. Chapter 6: Theory of Consumer Choice or Behavior. AP® Microeconomics is a stimulating and interactive, online teaching and learning resource that offers comprehensive coverage of the Economics syllabus for Advanced Placement ® Microeconomics. Growth Opportunities & Memes. This isn’t the lowest AP 5 rate of all AP exams, but it’s definitely in the same tier as the lowest AP 5 rates. Furthermore, the country also experienced long periods of low, if not hostile, growth in the 2000s. In sum, the July 2016 Upper House election will undoubtedly bring a big win for LDP. Abenomics was supposed to banish deflation and spur growth through lavish spending, radical monetary policy and structural. This chart shows all the production possibilities for an economy that produces just two goods; robots and corn. As a bonus you will receive Nearpod lessons covering every topic, Economics Case Studies worksheets, worksheets for every episodes of. Abenomics helped accelerate growth again, though not at the rate Japan once saw and the size of the economy is still short of the 600 trillion yen ($5. The plan – called "Abenomics," named after newly-elected Prime Minister Shinzō Abe – is three-fold. Take AP Economics online at eAchieve. Even now, the size of the economy remains lower than the 600 trillion yen. AP Microeconomics is a college- level course that introduces students to the principles of economics that apply to the functions of individual Summary. With the effectiveness of monetary policy constrained by the Effective Lower Bound (ELB) and repeated fiscal stimuli building an unprecedented increase in public debt, there is now less room to stimulate the economy. Elia Kacapyr, Ph. Household-level data from the Family Income and Expenditure Survey suggest that this. What is a good AP® Microeconomics score? Passing scores for Advanced Placement exams are scores of 3, 4, or 5. It is a set of policy measures meant to resolve Japan’s macroeconomic problems. S. But the bank’s failure to generate a sustained economic upswing suggests the “Abenomics” program has reached an impasse. 7%, the lowest level in 23 years; and the ratio of public debt to GDP has leveled off, after soaring higher at a dangerous rate in recent decades. Abenomics had some success at turning inflation positive and boosting the jobs market. Abenomics initially was a major success. Kaya Keiichi, a columnist of Newsweek, similarly argues that Kishidanomics is elusive and, in effect, not that different from Abenomics. ; The three arrow principle considered monetary, fiscal, and growth factors to increase the money supply, government expenditure, and inflation and execute. The new economics is apenomics, the. AP Macroeconomics Course and Exam Description. Advanced Placement ( AP) Macroeconomics (also known as AP Macro and AP Macroecon) is an Advanced Placement macroeconomics course for high school students that culminates in an exam offered by the College Board . Ready to practice for you next free response exam? ReviewEcon. Founded in 1900, the College Board was created to expand access This economics course is an introduction to basic microeconomic principles. Macroeconomics is the branch of economics that examines the behavior of the whole economy at once. TTTNIS. In this video, learn more about the role that models play in economics. The Times, based on its own analysis of College Board files and local education budgets, said that the organization receives about $100 million each year in public money for AP. The Associated Press is an independent global news organization dedicated to factual reporting. The text uses conversational language and ample illustrations to explore economic theories, and provides a wide array. Students cultivate their understanding of the principles that apply to the functions of individual economic decision-makers by using principles and models to describe economic situations and predict and explain outcomes with graphs, charts, and data as they explore concepts like scarcity and markets; costs, benefits, and. Easy-to-follow instructions guide students as they create basic and advanced graphs using FRED ® (Federal Reserve Economic Data). AP courses will assist students in understanding the flow of money and other goods throughout the market. The incredible efforts of AP teachers are paying off, producing ever greater numbers of college-bound seniors who are prepared to succeed in e. AP Microeconomics Practice Test 3: Elasticity, Microeconomic Policy, and Consumer Theory. Another measure is by comparing the passing rates of both exams, that is, the percentage of students who scored three or more). PDF. This in-depth preparation for both AP Economics exams provides a detailed review of all test topics, including: supply and demand, theory of consumer choice, market structures, labor resources, monopsony, national income and gross domestic product, inflation and unemployment, monetary policy, economic growth, international trade and exchange,. Large bubbles developed in the property and stock markets in the late 1980s, the collapse of which led to sluggish growth in the 1990s, known as the “lost decade”. Krugman’s Economics for the AP® Course, third edition was created to help you solve the economics puzzle. Abenomics (アベノミクス Abenomikusu?) đề cập đến các chính sách kinh tế do Thủ tướng Abe Shinzō đề xướng bắt đầu từ thời điểm tổng tuyển cử. Gifts will be matched. Amazon. Online resources recommended by AP Economics teachers to support your instruction, whether in-person or online. Cons: Less detail and depth than some guides on this list. Money actually has three functions, all of which make legal tender a practical form of payment. It is a model that demonstrates alternative combinations of output that an economy can produce. The economic consequences of population growth in developing countries. 8 Jul 2022. Due to space constraints, this paper focuses on the first two arrows. Another type of price control is a price floor, which is a minimum legal price. The third edition takes a balanced approach to the theory and application of macroeconomics concepts. ”. "Abenomics brought us investors huge profits as (central bank) money-pumping pushed up prices of financial securities," said Fujisaki, 34, a father of two who plans to build a 200 million yen. Factor Markets- Students will apply the concepts of supply and demand to markets for factors. Go for this book if you are planning to take all of the AP Economics exams because of how it can be used as a resource for any econimics-related course or exam. 1. But you are right, Abenomics aims to raise profitability through increased exploitation. This passing rate is pretty average compared to other AP exams. Prices are up over the past five years, and certainly better than the deflation that preceded Abenomics, but well. The Federal Reserve kept its key short-term interest rate unchanged Wednesday for a second straight time but left the door open to further rate hikes if inflation pressures should accelerate in. Market Economy 16. In particular, the PPC curve demonstrates scarcity, trade-offs, opportunity costs, and economic efficiency. AP Microeconomics FRQ Practice. There is an increase in the number of people leaving jobs and going to college full-time. He leaves a much more impressive legacy than his muted exit suggests. (a) Is the Swedish capital and financial account in deficit, in surplus, or in balance? Explain. AP Microeconomics is a college- level course that introduces students to the principles of economics that apply to the functions of individualPrinciples of Macroeconomics 3e covers the scope and sequence of most one semester introductory macroeconomics courses. All topics are broken into bite-sized pieces—with short instructional videos, interactive graphs, and practice problems. Abenomics’ Financial Market Effects, 2007–15a JOSHUA K. My classes consist of. In the last review, we covered the perfectly competitive market structure. ; Monetary Policy coverage in Unit 4 reflects College Board’s changed Course Framework (6/1/22) for the measures of money supply description and for how central banks use monetary policy in economies with limited reserves or ample. The model is based on the concept of opportunity cost, trade-offs, and scarcity. Traditional EconomyAP Microeconomics Exam Date – AP Students | College Board. Abenomics’ Impact on Japanese Firms and Global Investors. We'll introduce key concepts like opportunity costs, trade-offs, and production possibilities. Also has review booklets available for purchase. Unit 4 Imperfect competition. a. Unemployment had fallen to 2. Review everything you need to know about monopolies on test day below. This pdf is essential for anyone who wants to prepare for the AP Macroeconomics course or exam. The AP Macroeconomics and AP Microeconomics books are written by AP teachers for AP teachers. an increase in the price of the good induces consumers to purchase substitute products 2. The production possibilities curve (PPC) is a graph that shows all combinations of two goods or categories of goods an economy can produce with fixed resources. ”. Marginal cost 15. Certified AP Macroeconomics Tutor. ---. They include the following; 1. His namesake “Abenomics” policies sought to reinvigorate Japan’s economy through bold monetary and fiscal stimulus while pursuing structural changes in areas including agriculture, corporate. Unit 2 Economic indicators and the business cycle. At the same time, Abenomics’ first two ‘arrows’ (Bank of Japan ultra-expansionary monetary and government fiscal stimulus) are exhausting their effectiveness. Learn all about the AP Macroeconomics exam! Learn how to manage the multiple choice questions (MCQs) and how to write great FRQs. However, due to COVID-19, Japan's GDP. Implementing Structural Reforms in Abenomics: How to Reduce the Cost of Doing Business in Japan Jamal Ibrahim Haidar and Takeo Hoshi NBER Working Paper No. At a Glance Total Time 1 hour and 30 minutes Number of Questions 40 Percent of Total Score 50% Writing Instrument Pencil required Electronic Device Graphing calculator expected Instructions. The rules of tardfi don’t always apply in the world of crypto and defi. 0 (3 reviews) In Italy, an automobile can be produced by 8 workers in one day. The AP Microeconomics exam has two sections: multiple choice (worth 66% of your final score) and free response (worth 33% of your final score). Shinzo Abe, proposed so-called Abenomics during the December 2012 general election campaign to solve these issues. In the product market, goods and services are exchanged for money. Meanwhile, Abenomics’ third arrow, structural reforms coupled with a national growth strategy, proved insufficiently effective, with the economy’s potential growth rate and labor productivity growth rate both trending downward throughout Abe’s tenure. Those prices declines could push overall inflation. The pros and cons of “Abenomics” have been vigorously debated. Test Prep Books' AP Economics Macro and Micro Prep Book: AP Microeconomics and Macroeconomics Study Guide with Practice Test Questions [Includes Detailed Answer Explanations]Section I: Multiple Choice. In relation to the third arrow, Ito ( 2021a ) argues that some of the successful third arrow agendas originated from policy initiatives that were attempted during. ”. Welcome to the Apenomics Offical Twitter Handle! Make sure to give. He holds a Ph. The third edition takes a balanced approach to the theory and application of macroeconomics concepts. 1% while AP Macro's is 51. ( In 2021, 124,436 students took the AP Macro test, while 80,199 students took the AP. What does Apenomics mean? Apenomics is a word that combines the words “economics” and “ape. Abe implemented a large initial stimulus upon becoming prime minister in December 2012, and then followed this up with two increases to the consumption tax rate. What does Apenomics mean? Apenomics is a word that combines the words “economics” and “ape. and Canada) +1 781-373-6808 (International number) Forsale Lander. 5 Rule 1: Quiet?Fun is important, stories are important, questions are important, discussion is important for learning, but only at appropriate times, when given permission. 19% in 2012 to -0. This is a good time to reflect on which parts of Abenomics have worked, why there has been difficulties in achieving targets, and what adjustments are necessary to ensure that current policy becomes more effective. Yes, according to the government of Prime Minister Shinzo Abe, marking the first time that a Japanese government has made the promotion of working women a signature feature of the country’s. Matthew is a tutor in Tempe, AZ (85287) : Currently covering: Intro/principles microeconomics or macroeconomics courses at the university level and AP economics at the high school level. This in-depth preparation for both AP economics exams provides a detailed review of the newly revised test topics, including: supply and demand, theory of consumer choice, market structures, labor resources, game theory, national income and gross domestic product, inflation and unemployment, monetary policy, economic growth,. The TPP was given special attention for its potential to. Chapter 9: Product markets. Abenomics, the policy approach rolled out by Abe Shinzō and continued by Suga Yoshihide, is on the way out with Kishida Fumio’s advocation of a “new capitalism. Made for any learning environment, AP teachers can assign these short videos on every topic and skill as homework alongside topic questions, warm-ups, lectures, reviews, and more. Topics may include: Scarcity. AP Microeconomics is a college- level course that introduces students to the principles of economics that apply to the functions of individualThe day Abenomics failed was the day Japan’s consumption tax rose from 5 to 8 per cent in the spring of 2014. To cite one specific example, Kishida promised to. The Labor Department reported Wednesday that jobless claims dropped by 24,000 to 209,000. 60 questions 1hr 10mins 66% of Score. WASHINGTON - The nation’s employers slowed their hiring in October, adding a modest but still decent 150,000 jobs, a sign that the labor market may be cooling but remains resilient despite high interest rates that have made borrowing much costlier for companies and consumers. “There is a pressure from investors, especially. The Production Possibilities Curve. We're a nonprofit that relies on support from people like you. Prime Minister Abe unveiled a comprehensive policy package to revive the Japanese economy from two decades of. Marginal benefit 14. Assume that Schmitt Inc. Abe, who served two stints as prime minister from 2006 to 2007 and from 2012 to 2020, was shot twice on Friday morning while delivering a speech in the city of Nara in. Money is used as a medium of exchange because it is an efficient way to allocate resources. It’s another way of saying “YOLO” in the world of Defi. 9% annual rate from July through September as Americans defied higher prices, rising interest rates and widespread forecasts of a recession to spend at a brisk pace. (b) Draw a correctly labeled graph of short-run aggregate supply, long-run aggregate supply, and aggregate AP®︎/College Macroeconomics 8 units · 52 skills. When making a choice, you automatically have created a cost and a benefit. . AP ® Exams. Yes, all it requires is that the comparative advantage i. In the 2000s, Japan had prolonged periods of poor growth. Keys to Understanding the Monopoly Graph. It clearly lays out the course content and describes the exam and AP Program in general. Economic models are a way of taking complicated ideas and events and breaking them down into their most important characteristics. To best prepare for this section, you should be able to: Make assertions about economic concepts, principles, models, outcomes, and/or effects. Abenomics was introduced when Japan’s former PM, Shinzo Abe took office in 2012. While the long-term effects of Abenomics in reviving the Japanese economy may be in question, in the short term it has already had a major political payoff: the handsome electoral win in the Upper House. Krugman’s Economics for the AP® Course, third edition was created to help you solve the economics puzzle. and the new term – Abenomics – that is used to describe the three pillars, or “arrows,” of the Abe government’s focus on the Japanese economy and on economic policy. com is the world's only dedicated AP ® Microeconomics resource available online. The Prime Minister of Japan, Mr. Designed specifically for the AP curriculum, these worksheets cover every topic in AP Macroeconomics and AP Microeconomics. Assume that Schmitt Inc. The predator army is full of incredibly talented memberss who have all come together to build something bigger than themselves. Notice that the net change in taxes is $0. Cultivating the. Abenomics place much emphasis on the improvement of macroeconomic conditions, the third arrow of Abenomics encompasses a wide array of social and economic policies (e. B. Cons: Limited number of practice tests. Unit 7 AP®︎ Microeconomics Standards mappings. com: Princeton Review AP Economics Micro & Macro Prep, 2022: 4 Practice Tests + Complete Content Review + Strategies & Techniques (2022) (College Test Preparation): 9780525570608: The Princeton Review: BooksAbenomics did not achieve all its lofty aims, such as the 2% inflation target, but it did pull the country out of its prolonged deflation. Abenomics is certainly meant to be a dramatic break from the above-mentioned "lost generation", especially after the damage from the 2011 Earthquake disaster. Hi. How to Study for AP® Microeconomics. AP® Economics 2006–2007 Professional Development Workshop Materials Special Focus: Mastering Economic Thinking Skills connect to college success™ a nonprofit that relies on support from people like you. It is a visualization of production possibilities for two goods. Politics. Abenomics refers to the economic policies of a particular politician, in the same way, that Reaganomics or Clintonomics does. Perfectly aligned to the CED with 6 Units and each unit’s 4-10 modules matching the topic order in the Course Framework. The five rates of AP Microeconomics and Macroeconomics are almost the same (18. Study with Quizlet and memorize flashcards containing terms like the demand curve for a normal good slopes down for which of the following reasons? 1. Introduction David a. For a perfectly competitive firm, assume the price equals a rising marginal cost at 200 units of output. The multiple-choice section contains 60 questions while free response has three questions: two short, and one long. So GDP increases by $100. Even now, the size of the economy remains lower than the 600 trillion yen. Starting with the 2023 exam, a four-function. Note: All agendas are in PDF. The most disappointing misfire to investors, however, was. Marginal analysis 13. Press question mark to learn the rest of the keyboard shortcuts. If everyone reading this gives $12 monthly, Khan Academy can continue to thrive for years. On June 10, Japan upgraded its Q1 GDP growth to annual 4. By donating, you agree to our. org. The 67-year-old conservative leader advocated what came to be popularly known as Abenomics. job market remains strong in the face of higher interest ratesAbenomics, that of permanently getting the Japanese economy out of deflation. Even now, the size of the economy remains lower than the 600 trillion yen. AP Microeconomics. Note that Total Product can also, therefore, be calculated as TP = AP x L. 5 | Inequality. Unit 1: Basic Economic Concepts. This is the core document for this course. AP Econ Worksheets + Nearpods.