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AP Microeconomics
AP Microeconomics
34 lessons across 7 topics
1. Course Skills You'll Learn
1
Define Economic Principles And Models
2
Determine Outcomes Of Specific Economic Situations
3
Explain Given Economic Outcomes
4
Model Economic Situations Using Graphs Or Visual Representations
2. Basic Economic Concepts
5
Comparative Advantage And Gains From Trade
6
Cost-benefit Analysis
7
Marginal Analysis And Consumer Choice
8
Resource Allocation And Economic Systems
9
Scarcity
10
The Production Possibilities Curve
3. Supply and Demand
11
Demand
12
Elasticity
13
International Trade And Public Policy
14
Market Equilibrium, Disequilibrium, And Changes In Equilibrium
15
Supply
16
The Effects Of Government Intervention In Markets
4. Production, Cost, and the Perfect Competition Model
17
Perfect Competition
18
Profit Maximization
19
Short- And Long-run Production Costs
20
The Production Function
21
Types Of Profit
5. Imperfect Competition
22
Monopolistic Competition
23
Monopoly
24
Oligopoly And Game Theory
25
Price Discrimination
6. Factor Markets
26
Changes In Factor Demand And Factor Supply
27
Introduction To Factor Markets
28
Monopsonistic Markets
29
Profit-maximizing Behavior In Perfectly Competitive Factor Markets
7. Market Failure and the Role of Government
30
Externalities
31
Income And Wealth Inequality
32
Public And Private Goods
33
Socially Efficient And Inefficient Market Outcomes
34
The Effects Of Government Intervention In Different Market Structures
