25 posts tagged ap economics

One of the many reasons that I find the study of economics so fascinating is that what so often appears to be a negative situation to the average citizen is actually a positive one. In other words: “down is often up” and “black is often white”.

I'm officially done with AP exams forever! No more stupid AP exams for the rest of my life! So today I took the AP Macro and Microeconomics exams. I spent all day yesterday cramming Micro concepts from TPR and then thoroughly highlighted the quick review study guides that Lukkarila handed out.

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WASHINGTON (AP) -- The unemployment rate drops. Productivity grows. The trade deficit shrinks. Sounds great, right? Not so fast. Borrowing radio broadcaster Paul Harvey's signature saying: let's hear the rest of the story. Some seemingly good economic numbers can be something of a mirage masking weaknesses in the national economy.

One week from today thousands of 11th and 12th grade students around the world will sit for four hours of AP Economics exams. The final push is on to review for this long day of micro and macroeconomics problem solving.

John McCain has used humor to offset those who like to say he’s too old for the job. He even pretends to be asleep when asked questions; then suddenly snaps to attention to hear the giggles of the crowd.

The Rutherford Institute: A Crisis in Democracy: Are We Going Bankrupt?- Commentary Environmental Economics blogger John Whitehead wonders whether America is going bankrupt, and if so, what can be done to fix the problem. According to our text, (McConnell and Brue’s “Economics, 17th ed.”), “The large U.S.

Let’s imagine this: You’re fresh out of college in the US, on a tight budget, and barely crawling through your bills. So far, you can only afford to live on pizza and bagels…until you find out pizza now costs more than $12.99. You can no longer afford pizza.

The economy is doing lousy - it grades out at a "D" or "C" depending on your curve. The 0.6% annualized growth of real GDP in the 4th quarter of 2007 scores out as a "D" on my standard scale. Believe it or not, this is the quality of work that passes for a "C" in America's colleges - since that's the grade for this rate of anemic growth using an actual student grade scale.