AP Microeconomics Complete Review!

Economics: AP Microeconomics
with: Jibin Park

Educators Microeconomics course will help you prepare for the AP exam or ace your college course. Professor Jibin Park walks you through economic ideas using real world examples, and focuses on understanding complex graphs.

Jibin has been teaching AP Microeconomics for 8+ years and has been an AP grader for 6+ years, so he knows what it takes to get a 5 on the test. Everything in the AP and introductory college courses are covered, from Supply & Demand, to Monopoly, Labor Supply, Competition, and Game Theory.

Full length sample AP tests are also worked out, complete with free response questions. Professor Park received both his M.A. in Education and B.A. in Economics & Government from Claremont McKenna College.

Content:-

I. Introduction
Intro to Economics
Production Possibilities Frontier
Comparative Advantage & Trade
Utility Maximization

II. Supply & Demand
Price & Quantity
Supply & Demand
Price Controls
Price Elasticity of Demand
Income, Cross-Price & Supply Elasticities
Total Surplus, Deadweight Loss & World Trade
Production Function & Firm Costs
Long-Run Costs & Economies of Scale

III. Market Structures
Perfect Competition
Monopoly
Monopoly & Public Policy
Oligopoly & Game Theory
Monopolistic Competition

IV. Factor Markets
Factor Markets
Labor Supply & Cost Minimization

V. Market Failure and the Role of Government
Positive & Negative Externalities
Public vs. Private Goods
Income Inequality & Income Distribution

VI. Practice AP Exam
AP Practice Exam: Multiple Choice, Part I
AP Practice Exam: Multiple Choice, Part II
AP Practice Exam: Free Response, 2013
AP Practice Exam: Free Response, 2012