AP Macro: Macroeconomic Graphs to Know

1. Production Possibilities Curve
a. Absolute Advantage
b. Comparative Advantage
c. Terms of Trade

2. Circular Flow

3. Business Cycle
a. Peak
b. Trough
c. Recession / Contraction
d. Recovery/Expansion

4. Supply and Demand
a. Surplus and Shortage
b. Price Floor and Price Ceiling

5. Aggregate Demand-Aggregate Supply
a. Full Employment
b. Recession
c. Demand-Pull Inflation
d. Cost-Push Inflation

6. Investment Demand

7. Money Market

8. Loanable Funds

9. Currency Market
a. Currency Appreciation
b. Currency Depreciation

10. Phillips Curve
a. Stagflation

11. Balance of Payments
a. Current Account
b. Capital Account
c. trade deficit / trade surplus

12. Bank Balance Sheet