Introduction

AP Microeconomics study the principles of economics that apply to the behavior of individuals within an economic system. Students will use graphs, charts, and data to analyze, describe, and explain economic concepts.

Objectives
Systematize the core knowledge of the subject
Become familiar with most AP exam formats
Reduce pressure and study time
Improve scores effectively
Enhance independant thinking
Create a solid foundation for higher education
Characteristics
Quality teachers with extensive knowledge about students psychology
Teaching programs are based on international standards
Exclusive materials that closely follow the AP formats
Personalized teaching method according to student progress
Commitment on AP pass grade
AP exam registration support
Course content
Unit 1: Basic Economic Concepts
1.1 Scarcity
1.2 Resource allocation and economic systems
1.3 The Production Possibilities Curve
1.4 Comparative advantage and gains from trade
1.5 Cost-benefit analysis
1.6 Marginal analysis and consumer choice
Unit 2: Supply and Demand
2.1 Demand
2.2 Supply
2.3 Elasticity
2.4 Market equilibrium, disequilibrium, and changes in equilibrium
2.5 The effects of government intervention in markets
2.6 International trade and public policy
Unit 3: Production, Cost, and the Perfect Competition Model
3.1 The production function
3.2 Short-run and long-run production costs
3.3 Types of profit
3.4 Profit maximization
3.5 Perfect competition
Unit 4: Imperfect Competition
4.1 Monopoly
4.2 Price discrimination
4.3 Monopolistic competition
4.4 Oligopoly and game theory
Unit 5: Factor Markets
5.1 Introduction to factor markets
5.2 Changes in factor demand and factor supply
5.3 Profit-maximizing behavior in perfectly competitive factor markets
5.4 Monopsonistic markets
Unit 6: Market Failure and the Role of Government
6.1 Socially efficient and inefficient market outcomes
6.2 Externalities
6.3 Public and private goods
6.4 The effects of government intervention in different market structures
6.5 Income and wealth inequality

Student achievement

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