$34
weeklyor $170 for 10 classes
AP Microeconomics-Lecture series Unit 4: Imperfect Competition
New class
Ages 16-18
Live Group Course
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 hoursHomework
1-2 hours per week. 1-2 throughout the classAssessment
1 after class completionClass Experience
US Grade 11 - 12
Advanced Level
This course is the fourth 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 4-Imperfect Competition . This unit represents 15–22% 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. 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 CurriculumStandards
Aligned with Advanced Placement (AP) Standards10 Lessons
over 5 WeeksLesson 1:
Introduction to Imperfectly Competitive Markets
Define the characteristics of imperfectly competitive markets and inefficiency.
50 mins online live lesson
Lesson 2:
Monopoly
Explain equilibrium, firm decision making, consumer surplus,
producer surplus, profit (loss), and deadweight loss in imperfectly
competitive markets and why prices in imperfectly competitive markets
50 mins online live lesson
Lesson 3:
Monopoly
Finish lecture and Applications
50 mins online live lesson
Lesson 4:
Price discrimination
Explain how a firm with market power can engage in price discrimination to increase its profits.
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
Teacher expertise and credentials
I have been an assistant professor of Microeconomics and Macroeconomics at the undergraduate level for more than 10 years.
Reviews
Other classes by Dr. Hanen, PhD, Economics
Other classes by Dr. Hanen, PhD, Economics
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