AP Microeconomics

Since there are already a myriad of economics teachers on YouTube, Khan Academy, and even MITx, I think it will be most beneficial for AP Micro students to use this course for homework help and exam prep. I intend for each session to be akin to "office hours" where students can freely ask homework questions pertaining to any and all topics in the AP Microeconomics course. 

Together, we will explore the six units of the AP Microeconomics course: 1) Basic Economic Concepts 2) Supply and Demand 3) Production, Cost, and the Perfect Competition Model 4) Imperfect Competition 5) Factor Markets 6) Market Failures and the Role of Government. 

Examples of topics covered in Unit 1 are: opportunity cost, markets, pricing, supply, demand, marginal utility, and budget constraints. 

Examples of topics covered in Unit 2 are: demand curve derivations, income effect, substitution effect, shifters of supply/demand, surpluses, market competition, taxes, free trade, production possibilities frontier, and international trade. 

Examples of topics covered in Unit 3 are: short-run production, long-run production, short-run costs, long-run costs, profit maximization, short-run supply, long-run supply. 

Examples of topics covered in Unit 4 are: monopoly, oligopoly, game theory, etc. 

Examples of topics covered in Unit 5 are: labor preferences, labor supply, labor demand, capital markets, monopsony. 

Examples of topics covered in Unit 6 are: efficiency, equity, redistribution, externalities, and government intervention. 

I will teach each topic, as they arise, through a combination of graphs and real-world examples. 

This format enables learners to have the most efficient use of their time.