In this lesson summary review and remind yourself of the key terms and graphs used in the analysis of markets. Topics include how to use a market model to predict how price and quantity change in a market when demand changes, supply changes, or both supply and demand change. This resource is designed as a review for the AP Macroeconomics Test or a college-level macroeconomics course.

Concepts

economics, economy, macroeconomics

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Additional Tags

equilibrium price, ap macroeconomics, basic economics concepts, changes in market equilibrium, khan academy, market disequilibrium, market equilibrium

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Classroom Considerations

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