Advanced Placement Microeconomics
Advanced Placement Microeconomics
Instructor, Mrs. Peggy Pride Study Notes to accompany
Economics Principles, Problems and Policies, 15th Ed.
Campbell McConnell Stanley Brue
AP MICROECONOMICS SEMESTER PLAN Instructor, Mrs. Peggy Pride
TEXT: Economics, Principles, Problems and Policies, 15th Edition, McConnell and Brue Video: Econ U$A series with discussion Class Activities: APIP workbook activities, reinforcement and writing activities and other teacher-developed materials This semester-long course gives students a thorough understanding of the principles of economics that apply to the function of individual decision-makers, both consumers and producers, within larger economic systems. It places primary emphasis on the nature and function of product markets. It also examines factor markets and the role of government in promoting greater efficiency and equity in the economy. Topic Timing (days) Chapters 1,2, 4, 6 Unit One 8-12% of AP Basic Economic Concepts 9 Micro Exam Scarcity and Opportunity Cost Economic Systems: the Market System Specialization and Comparative Advantage 3, 20, 21 20-30% of AP Micro Exam Unit Two Nature and Function of Product Market Supply and Demand Ceilings and floors Elasticity and applications Models of consumer choice 15
22, 23, 24, 25 Unit Three 40-50% of AP Firm production, costs, revenues 30 Micro Exam Production costs Product Pricing within different market structures Efficiency and government policy toward imperfect markets 27,28 10-15% of AP Micro Exam 5, 30, 31 8-12% of AP Micro Exam Unit Four Factor Markets Derived Demand for labor Resource Market Pricing Unit Five Efficiency, income equity, the role of government Externalities Public Goods Distribution of Income 10
12
• There will be 6 major tests during the semester (two on third topic). There will be a final comprehensive semester exam. There will be no exemptions. Writing and reinforcement activities will be a part of the course work. You can expect "quizzes"
Instructor, Mrs. Peggy Pride Study Notes to accompany
Economics Principles, Problems and Policies, 15th Ed.
Campbell McConnell Stanley Brue
AP MICROECONOMICS SEMESTER PLAN Instructor, Mrs. Peggy Pride
TEXT: Economics, Principles, Problems and Policies, 15th Edition, McConnell and Brue Video: Econ U$A series with discussion Class Activities: APIP workbook activities, reinforcement and writing activities and other teacher-developed materials This semester-long course gives students a thorough understanding of the principles of economics that apply to the function of individual decision-makers, both consumers and producers, within larger economic systems. It places primary emphasis on the nature and function of product markets. It also examines factor markets and the role of government in promoting greater efficiency and equity in the economy. Topic Timing (days) Chapters 1,2, 4, 6 Unit One 8-12% of AP Basic Economic Concepts 9 Micro Exam Scarcity and Opportunity Cost Economic Systems: the Market System Specialization and Comparative Advantage 3, 20, 21 20-30% of AP Micro Exam Unit Two Nature and Function of Product Market Supply and Demand Ceilings and floors Elasticity and applications Models of consumer choice 15
22, 23, 24, 25 Unit Three 40-50% of AP Firm production, costs, revenues 30 Micro Exam Production costs Product Pricing within different market structures Efficiency and government policy toward imperfect markets 27,28 10-15% of AP Micro Exam 5, 30, 31 8-12% of AP Micro Exam Unit Four Factor Markets Derived Demand for labor Resource Market Pricing Unit Five Efficiency, income equity, the role of government Externalities Public Goods Distribution of Income 10
12
• There will be 6 major tests during the semester (two on third topic). There will be a final comprehensive semester exam. There will be no exemptions. Writing and reinforcement activities will be a part of the course work. You can expect "quizzes"