AP Microeconomics

AP Microeconomics

Course Content

Unit 1: Basic Economic Concepts

You’ll study the foundations of microeconomic thinking, including how to evaluate decisions based on constraints and trade-offs and make rational economic choices.

Topics may include:

  • Scarcity
  • Resource allocation and economic systems
  • The Production Possibilities Curve
  • Comparative advantage and gains from trade
  • Cost-benefit analysis
  • Marginal analysis and consumer choice

On The Exam

12%–15% of exam score

Unit 2: Supply and Demand

You’ll learn the basis for understanding how markets work with an introduction to the supply and demand model.

Topics may include:

  • Demand
  • Supply
  • Elasticity
  • Market equilibrium, disequilibrium, and changes in equilibrium
  • The effects of government intervention in markets
  • International trade and public policy

On The Exam

20%–25% of exam score

Unit 3: Production, Cost, and the Perfect Competition Model

You’ll explore the factors that drive the behavior of companies and learn about the perfect competition model.

Topics may include:

  • The production function
  • Short- and long-run production costs
  • Types of profit
  • Profit maximization
  • Perfect competition

On The Exam

22%–25% of exam score

Unit 4: Imperfect Competition

You’ll learn how imperfectly competitive markets work and how game theory comes into play in economic models.

Topics may include:

  • Monopoly
  • Price discrimination
  • Monopolistic competition
  • Oligopoly and game theory

On The Exam

15%–22% of exam score

Unit 5: Factor Markets

You’ll learn how concepts such as supply and demand and marginal decision-making apply in the context of factor markets.

Topics may include:

  • Introduction to factor markets
  • Changes in factor demand and factor supply
  • Profit-maximizing behavior in perfectly competitive factor markets
  • Monopsonistic markets

On The Exam

10%–13% of exam score

Unit 6: Market Failure and the Role of Government

You’ll examine the conditions under which markets may fail and the effects of government intervention in markets.

Topics may include:

  • Socially efficient and inefficient market outcomes
  • Externalities
  • Public and private goods
  • The effects of government intervention in different market structures
  • Income and wealth inequality

On The Exam

8%–13% of exam score

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Flexible Start Dates and Scheduling

Since our programs are completely customized, our students can start any time. We will put together the right program to take you from your start date to the day of your test, making the best use of time available. Additionally, you will have the freedom to schedule tutoring sessions on your schedule (including nights and weekends). For optimal results, students should plan to study for the AP MICROECONOMICS for 3-5 months. However, we can design shorter or longer-term programs as well.

Complete Coaching for AP Microeconomics: ONLINE LIVE CLASSES                     

  1. Full course covered for AP Microeconomics Test
  2. Dynamic and Expert Faculties
  3. Qualified and competent Teachers
  4. Fully Targeted Exam Based Coaching
  5. Each Topic to be discussed in Detail
  6. Detailed Formulas and shortcut tricks
  7.  Worksheet Practice Questions on Each topic
  8.  Revision Tests (5 Mock Tests to be done by student)

Mode of Study:

  • One-on-One Online lesson on Skype
  • One-on-One Home Tuition (Selected areas only)

Course Duration:

  • AP Microeconomics: 30-50hrs

Course Fee:  $50-$70/hour.

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