AP Notes, Outlines, Study Guides, Vocabulary, Practice Exams and more!

economics

Psych Essay Intelligence

Subject: 
Rating: 
0
No votes yet

Chirag Doshi 1/16/14 Essay Chapter 7 & 11 Mr. Schultz Do you believe that intelligence testing is a valid measure of ones intelligence? Why or why not? Which theorist and/or model do you believe best reflects human intelligence? Choose two problem solving techniques/impediments (heuristics, algorithms, confirmation and/or hindsight bias, framing, functional fixedness, etc.) and explain how they will help or hinder someone taking an intelligence test. Can intelligence be measured by a test or indexed by any manmade scale? The aforementioned question can only be answered when a concrete definition of intelligence is established and unfortunately there is no single, time-honored definition of intelligence, at least with regard to Psychology.

The function of an economy

Subject: 
Rating: 
0
No votes yet

The function of an economy Economy ? the system that trying to solve the basic economics problems. There are different type of economy like household economy, local economy, the national economy, and the international economy. Economists distinguish three parts to the economics problems What, How and For whom. To solve the problems, allocating the scarce resources to people with unlimited wants, people will decide what to product to fulfil most of the needs and desire of people. There will be allocation in resource to different group of people in the society. People will also decide how to product, which we will discuss in the next few chapters like division of labour. People will organise the productions according to what the workers best at.

The Basic Economics Problem

Subject: 
Rating: 
0
No votes yet

The Basic Economics Problem The highlighted sentence are copying from the textbooks Scarcity ? the resources that are limited in supply so that people have to make choice to buy them. Free Goods - the resources that are unlimited in supply, like air and water on the earth. Economics Goods - the resources that are limited in supply and they are scarce. People have infinite needs and wants but there are limited resources on the earth, so that people have to make choice and have the trade-off when buying the resources. E.g. People want a big house or big flat, but there are limited lands (resources). They want so expensive food like shark fins but there are limited shark for hunting.

The Basic Economics Problem

Subject: 
Rating: 
0
No votes yet

The Basic Economics Problem The highlighted sentence are copying from the textbooks Scarcity ? the resources that are limited in supply so that people have to make choice to buy them. Free Goods - the resources that are unlimited in supply, like air and water on the earth. Economics Goods - the resources that are limited in supply and they are scarce. People have infinite needs and wants but there are limited resources on the earth, so that people have to make choice and have the trade-off when buying the resources. E.g. People want a big house or big flat, but there are limited lands (resources). They want so expensive food like shark fins but there are limited shark for hunting.

political socialization

Subject: 
Rating: 
0
No votes yet

Chapter 6 Political Culture and Socialization Political Culture: political attitudes and beliefs Political Socialization: the process of adopting a political culture Balch?s take: this is a lifetime process According to Margaret Mead, cultural beliefs are transferred by post-figurative socialization and co-figurative socialization; beliefs handed down from generation to generation without question and beliefs spread within a generation via AOPS?s, respectively Agents of political socialization help determine what groups we associate with Family, school, media, religion, region, income and labor, education, ethnicity, age, gender Education is thought to be most important; more education equals more positive attitude towards politics, more likely to vote, more tolerant

as

Subject: 
Rating: 
0
No votes yet

Chapter 24 Outline Economic Systems and Sustainability A. An economic system produces and distributes goods and services by using natural, human, and physical resources. 1. An economic system produces, distributes and consumes goods and services. 2. Three types of resources are used to produce goods and services, natural resources, human resources (labor and skills), and physical or manufactured resources (tools, machinery, etc) B. A purely free-market system is a theoretical ideal where buyers and sellers interact in markets without interference by government or other interference. 1. In the ideal, all economic decisions are governed by demand and supply and price.

Why to Be a Republican

Subject: 
Rating: 
0
No votes yet

Matthew Acosta Koetteritz Civics ? Per. 7 10/30/12 Party Affiliation Essay If I had to affiliate myself with a political party, I would choose to join the Republican Party. They are generally conservative, and are on the moderate right side of the political spectrum. I would choose them because they would tax less, make the government spend less, and they believe in less government involvement.

AP Economics Chapter 7 Notes

Subject: 
Rating: 
4
Average: 4 (1 vote)

Chapter 7 Notes Sect 1 Idea of demand centers on people being both willing and able to pay for a product or service In a market economy, consumers collectively have a great deal of influence on the prices of all goods and services. Demand: The amount of a good or service that consumers are able and willing to buy at various possible prices during a specified time period. Supply: The amount of a good or service that producers are able and willing to sell at various prices during a specified time period Market: The process of freely exchanging goods and services between buyers and sellers. A market for a particular item or service can be local, national, international, or a combination of these

AP Economics Chapter 4 and 6 notes

Subject: 
Rating: 
0
No votes yet

Chapter 4 Notes, Economics Sect 1 Credit: the receiving of funds either directly or indirectly to buy goods and services today with the promise to pay for them in the future. The amount owed ? the debt ? is equal to the principal plus interest Principal: the amount originally borrowed in a loan Interest: the amount the borrower must pay for the use of someone else?s (the bank?s, credit union?s, stores, etc.) funds. Installment Debt: one of the most common types of debt today. Consumers repay this type of loan with equal payments, or installments, over a period of time. Ex. 36 equal payments over 36 months Durable Goods: manufactured items that last longer than 3 years, on an installment plan. Many are bought on an installment plan.

Industrial Revolution

Subject: 
Rating: 
0
No votes yet

The Industrial Revolution Study Guide Honors European Studies Any material from notes, homework assignments, in-class worksheets or writing activities could show up on the test. The test will consist of multiple choice, matching, short answer and essay questions. Industrial Revolution Pre-Revolution Situation (farms/causes of new inventions) 1700s Farms were owned by the wealthy England?s small farms were bought by wealthy landowners to create larger farms. Jethro Tull invents seed drill to make sure seeds can germinate Crop rotation instead of three field system Selective animal reproduction Significant Increase in Food Supply More people could be fed with less $ and less labor More babies were made The extra people could provide surplus labor for new factories

Pages

Subscribe to RSS - economics

Need Help?

We hope your visit has been a productive one. If you're having any problems, or would like to give some feedback, we'd love to hear from you.

For general help, questions, and suggestions, try our dedicated support forums.

If you need to contact the Course-Notes.Org web experience team, please use our contact form.

Need Notes?

While we strive to provide the most comprehensive notes for as many high school textbooks as possible, there are certainly going to be some that we miss. Drop us a note and let us know which textbooks you need. Be sure to include which edition of the textbook you are using! If we see enough demand, we'll do whatever we can to get those notes up on the site for you!