AP Microeconomics
AP
Economics AP Microeconomics
Microeconomics
Each video will provide solutions to the problems presented in the previous video before introducing the related new topic. Each video will conclude with a new practice problem set comprised of 1 to 3 questions.
Topics
Class 1: Basics Economics Part1
Class 2: Basics Economics Part2
Economics Definition, Macroeconomics vs. Microeconomics, Positive vs. Normative Economics, Resources, Opportunity Costs, Production Possibility Frontier, Comparative Advantage
Class 3: Economic System and Circular Flow Diagram
Fundamental Economic Questions, Different Economic Systems, Allocative Efficiency, Circular Flow Diagram
Class 4: Demand and Supply Part1
Class 5: Demand and Supply Part2
Class 6: Demand and Supply Part3
Law of Demand, Changes in Demand and Quantity Demand, Law of Supply, Changes in Supply and Quantity Supply, Equilibrium, Changes in Equilibrium
Class 7: Elasticity Part1
Class 8: Elasticity Part1
Class 9: Consumer Choice Theory Part1
Class 10: Consumer Choice Theory Part2
Class 11: Consumer Choice Theory Part3
Elasticity of Demand, Total Revenue Test, Cross-Price Elasticity of Demand, Income Elasticity of Demand, Consumer and Producer Surplus, Price Ceiling, Price Floor, Taxation and tax burden, Trade, Utility-Maximization Rule
Class 12: Cost of Production Part1
Class 13: Cost of Production Part2
Class 14: Cost of Production Part3
Short-Run vs. Long-Run, Law of Diminishing Marginal Returns, AP, MP, TFC, TVC, TC, AFC, AVC, ATC, MC, Lump-Sum and Per-Unit Tax, Economic and Accounting Profit
Class 15: Perfect Competition Part1
Class 16: Perfect Competition Part2
Class 17: Perfect Competition Part3
Class 18: Perfect Competition Part4
Profit-Maximization Rule, MR, AR, Productive and Allocative Efficiency, Shut-Down Rule, Profit, Long-run Perfect Competitive Market
Class 19: Monopoly Part1
Class 20: Monopoly Part2
Class 21: Monopoly Part3
Monopoly Pricing Policy, Price Makers, Inefficiency, Natural Monopoly and Economies of Scale, Price Discrimination, Regulation and Fair-Return Price
Class 22: Monopolistic Competition Part1
Class 23: Monopolistic Competition Part2
Class 24: Oligopoly
Characteristics of Monopolistic Competition, Monopolistic Competition Short-run and Long-Run, Efficiency, Excess Capacity, Characteristics of Oligopoly, Game Theory, Nash Equilibrium and Dominant Strategy
Class 25: Resource Market Part1
Class 26: Resource Market Part2
Class 27: Resource Market Part3
Derived Demand, MRP, MFC, Least-Cost Rule, Monopsony, Factors, Shifts of demand, Perfectly Competitive Labor Market, Minimum Wage
Class 28: Market Failure
Class 29: Income Distribution
Market Failure and Externalities, MSB, MSC, Positive Externalities, Negative Externalities, Public vs. Private Goods, Distribution of Income, Types of Taxes
AP Microeconomics 2010: Class 30 ~ 34 2010 MCQ and FRQ
AP Microeconomics 2012: Class 35 ~ 39 2012 MCQ and FRQ
AP Microeconomics 2015: Class 40 ~ 44 2015 MCQ and FRQ
BOOK
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USB
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