Go to one of the following:
Pye's Wiki AP Exam Review:
David Mayer's AP Economics Review:
Click on a link from one of these pages. Write a 3-5 sentence summary of the video or powerpoint and then answer the question, "Will this activity be helpful in my preparation for the AP Exam?"
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33 comments:
I went on Mr. Mayer website and look at the Money Market Graph. This graph is one of thr most important graphs in the course.This was very helpful because it joged my memory about how the demand of money is directly related to interest rates.
Alexis Buck.
When I clicked on the link of Mr. Pye's AP Exam Review page, it gave me several different powerpoints/slides on the tutorials of the many different graphs that will be important to memorize on the AP test such as the aggregate demand and supply graph. By going through these different tutorials, it gave a more simplified approach on how to memorize, utilize, and read these graphs that will be useful to know for these tests. His page also had some powerpoints that focused on important points and vocabulary that would be useful to know for the AP test. (Such as one powerpoint went into detail about the difference between trade off and opportunity cost.)
Now, would these links be useful for when I study for the Economics AP exam? YES. Both these links are extremely good tools on how to quickly and easily review for the major points we have discussed throughout the semester. It helps re-freshen forgotten knowledge, help us memorize key points and major graphs, and helped us not only memorize what we need to know, but actually UNDERSTAND it, and be able to use what we learned and apply it to several different questions. Yupyup.
I went on both the sites and I found them both vet helpful. I found the powerpoints from MR.David's website very helpful as they refresh my mind on the previous topics we learned in Economics. Also, the Pyes's AP Economics website was very helpful as it helped refresh my memory on the various graphs we learned this semester.
I looked at the power point about Comparative Advantage on David Mayer's AP economics review. David Ricardo promoted the comparative advantage as the basis of trade. Comparative advantage is based on whoever has the lower opportunity cost. Absolute advantage, on the other hand, is based on who is faster in creating the product. Specialization is producing according to comparative advantage. In the power point, an example comparing Ricky Ricardo and David Ricardo's pizza and cake making abilities were given to demonstrate the concept.
This activity was sort of helpful to review the very basics of what comparative advantage was and gave an simple example. However, I would feel like this did not explain past the bare basics to the AP level of questioning that might be used.
I looked at several powerpoints from David Mayer's AP Economic Review. Some of them contained graphs such as the Business Cycle and Production Possibility Curve that helped bring back memories about various information relating to these graphs and about the economy. I believe these powerpoints will help me prepare for the AP exam.
I went through some of the powerpoints and flash links on David Meyer's page. One of them was called the basic economics graphs. This link pretty much has numerous slides about the production possibilities curve. It starts off by showing the graph, and then showing changes in the graph, where the actual production can and can't be. It finishes by talking about the absolute and comparitive advantages of two fictional economies. This may be quite helpful for the AP exam, as I can imagine a few multiple choice questions being simple questions about the PPC Graph, and maybe even an essay question. Also it refreshed my memory, as we havn't gone this in depth into it since the beginning of the semester.
I clicked on David Mayer's link to Economic Systems. In essence, there are three basic economic systems: command, market, and traditional. Traditional economies are those like in ancient Native American societies where people trade for what they need and all transactions are simple and tacit. Command economies are those that are controlled by a central government, with little freedom of choice delegated to the people. Lastly, market economies give almost complete economic freedom to the citizens, allowing for the streamlining of businesses through competition.
This activity will be helpful in my preparation for the AP Exam because it provides a good summary of the course curriculum.
I went on Mr.Pye's AP Economics website and I looked at the Money Market Graph.It explained the basic shifts in the graph due to certain issues. It also showed how it shifts because of bonds, etc. It showed what the Federal Reserve could do such as lowering or raising reserve ratio, discount rate or buying and selling bonds. It also including the exchange rate graphs that would show whether the dollar appreciated or depreciated. I think that this link and all the other ones are of great use for the AP exam. They provide all the information needed to do do well.
I followed the link to Mr. Mayer's website and looked at the Money Market Graph. I looked at several power points. I found it to be extremely helpful, especially in clarifying and reminding me about aggregate demand and the supply graph. I definitely saw it as a successful watered down cram website.
Since almost everyone decided to visit Mr. Mayer's page, I decided to view Mr. Pye's. The site organizes different links to the "reffonomics" site where there are many slideshows available about the different topics. The availability of information about the graphs gives us a refresher about all what we learned throughout the year. The slides simplify the varying concepts that make them very easy to understand by putting them in terms that everyone is familiar with. I looked at the loanable funds market and saw the relationship between the real interest rate and quantity of money in the supply impacted how banks (and other institutions) could loan money.
These activities will be helpful in studying for the AP. It's an effective alternative to simply reading plain text from a text- or review- book.
They powerpoints over the aggregate supply and demand graphs, as well as the other graphs, were very helpful and easy to understand. The list of vocabulry words were help to knock out easy vocabulay questions we great!
I would use this the review because it is very helpful!
The graphs are VERY SUPER hepful because graphs are hard and a lot to memorize!
After checking out both review sites I feel more confident about the AP. The graphs really help me restore a lot of forgotten information. Which will help me on preparation for the AP Exam
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While looking through the PowerPoints I was flooded with wonderful Econ memories of the business cycle. After looking at the diagram, I realized that I know more about it than I thought I did. Therefore, by lessening my fear of the business cycle, these reviews will certainly prepare me for the AP.
I clicked on Mr. Pye's link to Ap Exam Prep. The site effectively covers much of the concepts and materials we covered during the year. The material presented is broken-down and simplified so that it's easy to understand. I looked at the PPC curve which outlined the relationship between capital and consumer good and how in order to produce x amount of a good y amount of the other good needs to be for-gone.
This activity will be helpful in preparation for the AP as the material is presented in a simple and effective manner.
Real GDP is GDP produced within a country within a certain amount of time. Therefore, goods produced outside of the country, but by the country are not counted within Real GDP. GDP is a measure of market value or dollar amount within a year. GDP only counts final goods, not windshield wipers on cars, unless the finished product is the windshield wipers themselves. It also only counts units produced not units sold, because it is easier to measure the time of production.
This will help me on the AP test because it clearly illustrates and defines the parameters of Real GDP, and how to calculate it.
I really like the power-points over various graphs/concepts such as aggregate supply and aggregate demand. Also, I think the quick review of vocabulary helped me brush up on some terms that may have fallen through the crack during the course of this semester. Both links were really useful, and helped me focus on broad, quick topics that I most definitely needed to know for the AP.
I looked at the reffonomics "Drawing a Money Market Graph" powerpoint. I already knew how to draw the graph, but the powerpoint gave some useful information about how the demand and supply curves shift. This is usually very confusing for me, but this website showed clearly how both moved right or left, when they moved, and why they moved. It also provided some useful vocabulary to use when describing the shits on the AP test. So was this activity helpful? Of course! Not only do we need to know how to DRAW the graphs, but we also need to understand and be able to EXPLAIN what exactly is going on.
I went to Mr. Pye's site out of sheer loyalty. The site contains many slideshows available about the different topics. The informations simplifies the varying concepts that we learned about during the semester. This material will be helpful in studying for the AP exam, and it's an effective alternative to purchasable self-review books.
I went through the Money and Banking Power Point Presentation which was on your website. The presentation went through the functions of money, M1-M2-M3 (which are important concepts to understand when looking into what our money supply consists of), what backs the money supply, the demand for money in the Money Market, the Federal Reserve Board and what it does. This information will definitely will be helpful for those who are studying for the AP Economics exam. Understanding the foundations of Money, Banking, and the Money Market are integral when building on that foundation.
I went on the first link, Mr. Pye's AP Exam Review page, and clicked on the Cost-Push/Demand-Pull Inflation powerpoint because that is a topic that I tend to get jumbled in my head or... not in my head at all. A really helpful aspect of this powerpoint is the analogy of the hot-air balloon in differentiating inflation and price level. What I liked about this powerpoint especially is the simplicity in the way that concepts are explained. Even better there are a ton of follow-up examples.
I definitely think that these websites will help me study for the exam. Not only is the wording far easier to understand compared to the wording of the textbook, online reviews always seem more entertaining, which these powerpoints are!
Clicking on Pyes wiki brought me to a wonderful review for the AP economics exam. It was brief and also provided information in a way that was understandable. There are also links provided to go into further detail about a specific subject. There are also links to many of the basic graphs we will need to know. This helped prepare me a lot for the AP exam and would recommend it to my fellow peers.
I went on both the sites and I found them equally helpful. The powerpoints from MR.David's website very helpful as they refresh the graphs. The Pyes's AP Economics website was helpful as it helped recall memory on the various topics we learned this semester.
I went on Pye's Wiki AP Exam Review and went over the powerpoint the link offers. The slides are in a way helpful because they offer examples and situations about the economy and illustrate them with the graphs we learned throughout the semester. However, this link only helps for the free response portion of the AP test, not so much for the multiple choice.
I went on Mr. Pye's AP Exam Review. I mostly look at and read up on the aggregate demand and aggregate supply side. This is an important topic that serves as the foundation of other major topics in macroeconomics. I believe this activity will be very beneficial in my preparation for the AP Exam as it breaks down the concepts and makes it easy to understand.
I took a look at the money market graph and the comparative advantage ppt on Mr. Mayers economics review website. the website helped me to revise my memory on the graph and also certain info about comparative advantage and its basic components and its basis. as far as the money market graph it helped me to remember the direct relation of interest rates to money.
I clicked on Mr. Pye's review, and the link provided different examples of the graphs that we need to memorize. For example, I clicked on the aggregate demand and aggregate supply links. It showed the different shifts based on changes in the fiscal or monetary policies. This activity was very useful because I usually would not go on any websites to look for information. It also provides the graphs and concepts in one location and are explained very well.
The power point on Mr. Davids website was helpful as a reveiw and reminded me of things learned earlier in the semester. I need to make sure i don't get my graphs mixed up but this was really helpful.
I don't remember which one I clicked first but both of the websites did help me remember most of the things I had forgotten throughout this whole year, like "the most important graph in economics" aka all of them. For example, the Money Market from Mr. Mayer's website and most of the things from Pye's AP review.
Both websites were great additional reviewing material: the powerpoints from David Mayer's page were straightforward and pointed out some graphs that I hadn't visited since earlier this semester. The Money Market Graph and others were a great refresher when I looked over what the axis labels were and what was being shown. Other powerpoints described vocabulary and some differences between opportunity cost an trade off.
The amount of material covered in these two links already provided enough recapping information for me to feel better prepared for my AP exam.
I clicked on the "Pye's Wiki AP Exam Review" page and watched the powerpoint on all the graphs that would be on the AP test. It explained to me how each graph worked and what each one was used for. It also helped me to remember how to label each one correctly.
I think that this woll be helpful in preparing me for my final exam because I will need to learn and use all of these graphs in order to do well.
saira sultan pd. 3
both sites would have been very helpful. unfortunately i have already taken my ap exam but if i had not i would have gone back to use the site for assistance in refreshing my memory for economics.
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