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济宁孔子国际学校
AP 微观经济学知识点梳理
I. Basic Economic Concepts 经济学基础概念 (8–14%) 选择
A.?Scarcity, choice and opportunity cost
稀缺性(概念),选择(概念),机会成本(计算)
a. Scarcity(Unlimited want vs. Limited resources )→Make choices→ Economics
b. Opportunity cost (The best choice you give up) include explicit and implicit cost, the slope
公式:Opportunity Cost of doing A=loss in B / gain in A
c. Factors of productions are resources.
B. Production possibilities curve 生产可能性边界曲线(识图,计算)
横纵坐标轴分别是两种产品的产量,斜率是机会成本。
a. 曲线弯: law of increasing opportunity cost(生产鞋和电脑的资源不可相互替代);because the resources are not perfectly adaptable.
b. 直的: 生产两种物品的资源可完全替代,也就是说资源完全可以通用,机会成本恒定。
C.?Comparative advantage, absolute advantage, specialization and trade
比较优势(计算),绝对优势(计算),专业化(概念),贸易(概念)
a. 绝对优势:more productive. 生产一单位less time or less input。(或者单位time或input生产更多)如果给的是时间,则不用换算
b. 比较优势:lower opportunity cost.
xxx/hour 别忘了是与本国生产另一产品的opportunity cost 相比较
c. Specialization and trade can increase productivity and output.
Economic growth could be achieved by:
Increase in the quantity of resources
Increase in the quality of existing resources
Technological advancements
d. Trade can be good to both countries even if one country has the absolute advantage in all products. Two countries trade only when they have comparative advantage on different good. After trading, countries gain more production at lower cost.
D.???Economic systems, Property rights and the role of incentives
计划经济和市场经济(概念),产权(概念),激励的作用(概念)
Command economy:公平equitable,government determines,but sophisticated to allocate properly, lack of incentives for innovation;
Free/capitalism economy: private ownership, property rights, free, incentives, competition,供求决定价格,市场决定生产多少消费多少。如果是mixed economy,则market和government共同决定。
F.?? Marginal analysis?? 边际思维(概念)
MBMC, 做这件事。Marginal=additional
II.?? The Nature and Functions of Product Markets 产品市场的特点和功能 (55–70%)
A. Supply and demand 供给和需求 (15–20%)
1.?? Market eq
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