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$34

weekly
or $170 for 10 classes
Class

AP Microeconomics-Lecture Series Unit 2: Demand and Supply

Ages 16-18
Live Group Course
The course is the second in a series of six that cover the complete Microeconomics curriculum outlined by the College Board for the AP exam. After completing all six components of this series students are expected to take the AP exam in may

Live video meetings
2x per week, 5 weeks
2-8 learners per class
50 min

What's included

10 live meetings
8 hrs 20 mins in-class hours
Homework
1-2 hours per week. 1-2 per week
Assessment
1 after class completion

Class Experience

US Grade 11 - 12
Advanced Level
This course is the second in a series of six that together cover the complete Microeconomics curriculum outlined by the College Board for the AP exam. By dividing the curriculum into six mini-courses, students have the flexibility to either complete the full AP Microeconomics sequence or focus on specific units where they need additional support (if they are concurrently enrolled in a microeconomics course at their high school and require extra help).

The AP Microeconomics curriculum includes 6 units: 
UNIT 1: Basic Economic Concepts 
UNIT 2: Supply and Demand 
UNIT 3: Production, Cost, and the Perfect Competition Model 
UNIT 4: Imperfect Competition 
UNIT 5: Factor Markets 
UNIT 6: Market Failure and the Role of Government 

This course will focus on Unit 2-Supply and Demand. This unit represents 20–25% AP Exam Weighting.  Throughout this course, students will engage with economic theory and develop the skills to create, interpret, and apply economic models and graphs effectively.

Unit2 will cover the following topics: 
2.1 Demand and price elasticity of demand
2.2 Supply and price elasticity of supply
2.3 Other elasticities
2.4 Market Equilibrium and Consumer and Producer Surplus 
2.5 Market Disequilibrium and Changes in Equilibrium 
2.6 The Effects of Government Intervention in Markets 
2.7 International Trade and Public Policy 

The learning approach combines a lecture in which the theoretical background of the topic is presented (lesson 1 of the week), followed by applications (lesson 2 of the week) with a focus on problem-solving (practical exercises, case studies, additional readings).
If the available time slots do not fit your schedule, feel free to request an alternative date or time

Learning Goals

Principles and models: Define economic principles and models
Interpretation: Explain given economic outcomes

Syllabus

Curriculum
Follows College Board Advanced Placement Curriculum
Standards
Aligned with Advanced Placement (AP) Standards
10 Lessons
over 5 Weeks
Lesson 1:
Demand, price elasticity of demand, and other elasticities
 Explain (using graphs) the relationship between price and quantity demanded and how buyers respond to incentives and constraints. 
50 mins online live lesson
Lesson 2:
Demand, price elasticity of demand, and other elasticities
 Define and calculate demand Elasticities 
50 mins online live lesson
Lesson 3:
Supply and price elasticity of supply
 Explain (using graphs as appropriate) producers’ (sellers’) responses to changes in incentives and technology. Define and calculate supply elasticities 
50 mins online live lesson
Lesson 4:
Supply and price elasticity of supply
 Applications 
50 mins online live lesson

Other Details

External Resources
Learners will not need to use any apps or websites beyond the standard Outschool tools.

Meet the teacher

Joined June, 2024
New on Outschool
Profile
Teacher expertise and credentials
I have been an assistant professor of  Microeconomics and Macroeconomics at the undergraduate level for more than 10 years.

Reviews

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