Open Economy: International Trade & Finance Text and Resources Topic 4 3 2 3A: Determine the conditions under which 2A: Identify and define comparative and In addition to meeting the countries will specialize and trade with absolute advantage and specialization. Open learning goal, the student each other. Economy: demonstrates in-depth International inferences and applications 3B: Determine the effects of changes in Trade & 2B: Identify the components of balance of that go beyond the goal. Finance trade on a of payments payments accounts. country’s balance accounts. Determine which exchange rate policy would be most 3C: Form conclusions about the effects of 2C: Identify the factors that change supply or appropriate to maintain a changes in the loanable funds market on demand of loanable funds. stable economy. foreign investment. Graphing and Data Analysis Text and Resources Topic 4 3 2 2A: Identify and draw the PPC. 3A: In addition to meeting the learning Form conclusions about the PPC and Graphing and goal, the student demonstrates how it shows efficiency, opportunity cost, Data Analysis inferences and applications
Open Economy: International Trade & Finance Text and Resources Topic 4 3 2 Open Economy: International Trade & Finance In addition to meeting the learning goal, the student demonstrates in-depth inferences and applications that go beyond the goal. Determine which exchange rate policy would be most appropriate to maintain a stable economy. 3A: Determine the conditions under which countries will specialize and trade with each other. 3B: Determine the effects of changes in trade on a country’s balance of payments accounts. 3C: Form conclusions about the effects of changes in the loanable funds market on foreign investment. 2A: Identify and define comparative and absolute advantage and specialization. 2B: Identify the components of balance of payments accounts. 2C: Identify the factors that change supply or demand of loanable funds. Graphing and Data Analysis Text and Resources Topic 4 3 2 Graphing and Data Analysis In addition to meeting the learning goal, the student demonstrates inferences and applications 3A: Form conclusions about the PPC and how it shows efficiency, opportunity cost, 2A: Identify and draw the PPC.
18-19_ap_macroeconomics_curriculum_guide.docx