Macroeconomics Unit 1 COMPLETE Summary - Basic Economic Concepts

This video covers all of the key points of Unit 1 from the AP Macroeconomics Course Exam Description (CED). Scarcity, Production Possibilities Curve (PPC), Comparative Advantage, Supply, Demand, and Equilibrium. **Note: All of this content is also in Microeconomics Unit 1 and 2** For more help with unit one, there are content reviews, review games, and practice exercises for you at: https://www.reviewecon.com/ap-macroeconomics-ced-alignment#CED1 To support this channel, like and subscribe, then purchase the Total Review Booklet from ReviewEcon.com. https://www.reviewecon.com/total-review-packet Follow me on twitter: http://twitter.com/apeconguy/ or Follow me on facebook: http://facebook.com/reviewecon/ Note: Topics are out of order because this is the oder in which they are covered in the ReviewEcon.com Total Review Booklet. Note: AP©, Advanced Placement Program©, and College Board© are registered trademarks of the College Board, which was not involved in the production of, and does not endorse, this material.