Overview
Long response questions in AP Economics are designed to assess a student's understanding of economic concepts and their ability to apply these concepts in a structured manner. These questions require students to articulate their thoughts clearly, using appropriate economic terminology and analysis. ...
Key Terms
Example: The government should intervene in the market to correct externalities.
Example: When demand increases, prices tend to rise.
Example: Perfect competition is a market structure with many buyers and sellers.
Example: Pollution from a factory affects nearby residents.
Example: Keynesian economics focuses on total spending in the economy.
Example: Evaluating the effectiveness of a policy requires analyzing its outcomes.
Related Topics
Key Concepts
economic theoryanalysisapplicationevaluation