­­AP Macroeconomics and AP Microeconomics

 

The countdown to the AP exams

3 or 6 potential college credits and saving at least $500

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Macroeconomics                     Microeconomics

                                  May 4 @ 12:00                        May 8 @ 12:00

                                                                                                                     

 

 

Resources

 

*Required back to school forms for your period 1 teacher (online version)

*Free and reduced meals

*Bus registration

*Schedule change request form

*Syllabus

 

*All of the notes we study in the order we study them

  Macroeconomics

  Microeconomics

 

*Essential relationships, graphs and formulas

  Macroeconomics essential relationships (cause and effect)

  Macroeconomics- graphs

  Macroeconomics- formulas

  Microeconomics- graphs

  Microeconomics- formulas

 

*Breakdown of every important topic from our presentations in the order we study them

  Macroeconomics

  Microeconomics

 

*Main videos covering every topic we study

  Macroeconomics

  Microeconomics

 

*All the vocabulary we study in alphabetical order

  Macroeconomics

  Microeconomics

 

*All of the extra credit we do, in order (good for reviewing)

  Macroeconomics

  Microeconomics

 

*Last minute reviews for the Macro. midterm and each AP exam in May

  Macroeconomics (video, 40 min.)

  Microeconomics (video, 36 min.)

 

*AP free-response questions and answers from previous years' exams

  Macroeconomics

  Microeconomics

 

*AP study guides with multiple-choice and free-response practice questions and answers

  Macroeconomics (OpenStax) (searchable)

  Macroeconomics (from Albert.io) (searchable)

  Microeconomics (from Albert.io) (searchable)

  Microeconomics (OpenStax) (searchable)

 

*Civics notes for the exam

  Civics- all of the information you learned in order in 15 pgs.

 

 

Chapters

 

Chapter 1: Microeconomics and Macroeconomics: introduction and the basics

Chapter 2: Microeconomics and Macroeconomics: the basics

Chapter 3: Macroeconomics

Chapter 4: Macroeconomics

Chapter 5: Macroeconomics

Chapter 6: Macroeconomics

Chapter 7: Microeconomics

Chapter 8: Microeconomics

Chapter 9: Microeconomics

Chapter 10: Microeconomics

 

 

 

Class Schedule

Periods 1-4 are on red days and periods 5-8 are on gold days

 

Fri., 1/30

1. review the Chapter 7 test

2. start Chapter 8: topics- foreign trade and tariffs

3. pgs. 1-8 from the presentation

4. hw- due by ?., 2/?- join our Micro class in AP Classroom: class code-

5. extra credit: tariffs and trade

7. video:

      *Tariffs and Quotas (7 minutes)

 

 

Mon., 2/2

1. review the Chapter 7 test

2. start Chapter 8: topics- foreign trade and tariffs

3. pgs. 1-8 from the presentation

4. hw- due by ?., 2/?- join our Micro class in AP Classroom: class code-

5. extra credit: tariffs and trade

7. video:

      *Tariffs and Quotas (7 minutes)

 

 

Tues., 2/3

1. pgs. 9-22 from the presentation: topics- deadweight loss and types of taxes

2. hw- due by Thurs., 2/5: #1 and #2

3. hw- due by ?, 2/?- join our Micro class in AP Classroom: class code-

4. extra credit: deadweight loss and consumer & producer surplus

5. extra credit: deadweight loss and tax revenue

6. videos:

*Costs of Production (5 minutes)

*Taxes on Producers (6 minutes)

*Excise Tax Practice (4 minutes)

 

 

Wed., 2/4

1. pgs. 9-22 from the presentation: topics- deadweight loss and types of taxes

2. hw- due by Fri., 2/6: #1 and #2

3. hw- due by ?, 2/?- join our Micro class in AP Classroom: class code-

4. extra credit: deadweight loss and consumer & producer surplus

5. extra credit: deadweight loss and tax revenue

6. videos:

*Costs of Production (5 minutes)

*Taxes on Producers (6 minutes)

*Excise Tax Practice (4 minutes)

 

 

Thurs., 2/5

1. early release at 11:40

2. pgs. 23-27 from the presentation: topics- average total cost, average fixed cost, average variable

    costs, and average product of labor

3. hw- #1 and #2 due

4. extra credit: business costs

5. videos:

*Maximizing Profit Practice (4 minutes)

 

 

Fri., 2/6

1. pgs. 23-31 from the presentation: topics- average total cost, average fixed cost, average variable

    costs, average product of labor, and generic cost curves

2. hw- #1 and #2 due

3. extra credit: business costs

4. videos:

*Maximizing Profit Practice (4 minutes)

 

 

Mon., 2/9

1. pgs. 28-45 from the presentation: topics- generic cost curves, a firm’s profit and negative profit

    (loses)

2. hw- due by Wed., 2/11: #3

3. extra credit: a firm and its generic cost curves

4. videos:

*Cost Curves (3 minutes)

*Marginal Cost and Average Total Cost (3 minutes

*The Shutdown Rule (2 minutes)

 

Tues., 2/10

1. pgs. 32-53 from the presentation: topics- a firm’s profit and negative profit (loses), firms breaking

    even and shutting down, and the long-run average total cost curve

2. hw- due by Thurs., 2/12: #3

3. extra credit: a firm and its generic cost curves

4. videos:

*Cost Curves (3 minutes)

*Marginal Cost and Average Total Cost (3 minutes

*The Shutdown Rule (2 minutes)

 

 

Wed., 2/11

1. pgs. 46-83 from the presentation: topics- firms breaking even and shutting down, the long-run

    average total cost curve, economies and diseconomies of scale, internal and external economies and

    diseconomies of scale, short-run and long-run equilibrium in a market to expansion or contraction

    then back to long-run equilibrium, and accounting profit vs. economic profit

2. hw- #3 due

3. hw- due by Fri., 2/13: #4

4. videos:

*Economies of Scale (4 minutes)

*Graphing Perfect Competition (2 minutes)

*Perfect Competition in the Long Run (5 minutes)

*Economic Profit and Costs (4 minutes)

 

 

Thurs., 2/12

1. pgs. 54-74 from the presentation: topics- economies and diseconomies of scale, internal and external

    economies and diseconomies of scale, short-run and long-run equilibrium in markets, long-run

    equilibrium in a market to expansion or contraction then back to long-run equilibrium, and

    accounting profit vs. economic profit

2. hw- #3 due

3. hw- due by Tues., 2/17: #4

4. videos:

*Economies of Scale (4 minutes)

*Graphing Perfect Competition (2 minutes)

*Perfect Competition in the Long Run (5 minutes)

 

 

Fri., 2/13

1. early release at 12:40

2. no work- Day of Service and Love

3. hw- #3 due

4. use your time wisely

 

 

Mon., 2/16

1. no school

 

Tues., 2/17

1. pgs. 74-100 from the presentation: topics- accounting profit vs. economic profit, monopolies,

    marginal revenue and marginal cost, and the elastic and inelastic ranges (areas)

2. videos:

*Economic Profit and Costs (4 minutes)

*Monopoly Deadweight Loss (3 minutes)

*Monopoly Demand and Marginal Revenue (5 minutes)

*The Elastic and Inelastic Ranges (2 minutes)

 

 

Wed., 2/18

1. pgs. 84- 100 from the presentation: topics- monopolies, marginal revenue and marginal cost, and the

    elastic and inelastic ranges (areas)

2. videos:

*Monopoly Deadweight Loss (3 minutes)

*Monopoly Demand and Marginal Revenue (5 minutes)

*The Elastic and Inelastic Ranges (2 minutes)

 

 

Thurs., 2/19

1. pgs. 90- 118 from the presentation: topics- monopolies making a profit, negative profit (loses),

    breaking even, and shutting down, natural monopolies, and profit-maximizing monopolies vs.

    government regulated monopolies vs. price discriminating monopolies

2. hw- due by Mon., 2/23: #5 and #6

3. videos:

*Monopoly Graphing (3 minutes)

*Monopoly Graph Review and Practice (3 minutes)

*Socially Optimal and Fair Return for Monopolies (3 minutes)

*A Price Discriminating Monopoly (5 minutes)

4. the last day to turn in anything for the 3rd marking period is Wed., 3/11; all due at the beginning of

    the class (no later), and please put the chapter # and homework # on every homework; any concerns

    see me before Wed., 3/11

 

 

Fri., 2/20

1. pgs. 90- 118 from the presentation: topics- monopolies making a profit, negative profit (loses),

    breaking even, and shutting down, natural monopolies, and profit-maximizing monopolies vs.

    government regulated monopolies vs. price discriminating monopolies

2. hw- due by Mon., 2/23: #5 and #6

3. videos:

*Monopoly Graphing (3 minutes)

*Monopoly Graph Review and Practice (3 minutes)

*Socially Optimal and Fair Return for Monopolies (3 minutes)

*A Price Discriminating Monopoly (5 minutes)

4. the last day to turn in anything for the 3rd marking period is Thurs., 3/12; all due at the beginning of

    the class (no later), and please put the chapter # and homework # on every homework; any concerns

    see me before Thurs., 3/12

 

 

Mon., 2/23

1. Chapter 7 test review

2. hw- #5 and #6 due

3. videos:

*Micro. Unit 3- Multiple-Choice Practice Questions (21 minutes)

*Micro. Unit 3- Summary Costs and Perfect Competition (32 minutes)

*Micro. Unit 4- Multiple-Choice Practice (3 minutes)

 

 

Tues., 2/24

1. Chapter 7 test review

2. hw- #5 and #6 due

3. videos:

*Micro. Unit 3- Multiple-Choice Practice Questions (21 minutes)

*Micro. Unit 3- Summary Costs and Perfect Competition (32 minutes)

*Micro. Unit 4- Multiple-Choice Practice (3 minutes)

 

 

Wed., 2/25

1. Chapter 8 test / pencil and blue or blank pen needed
         *for the multiple-choice portion, study:

              
1) the Chapter 8 multiple-choice & frq practice questions
              2) the Chapter 8 Kahoot! review
              
3) the Chapter 8 presentation we use in class or the Chapter 8 notes I give out (the notes do

                   not have the multiple-choice questions though, but they are in the presentation and in #1

                   above)

 

*for the free response portion study:
              1) the essential micro graphs and essential micro formulas

             
2) the Chapter 8 multiple-choice & frq practice questions

 

 

Thurs., 2/26

1. Chapter 8 test / pencil and blue or blank pen needed
         *for the multiple-choice portion, study:
              1) the Chapter 8 multiple-choice & frq practice questions
              2) the Chapter 8 Kahoot! review
              3) the Chapter 8 presentation we use in class or the Chapter 8 notes I give out (the notes do

                   not have the multiple-choice questions though, but they are in the presentation and in #1

                   above)

 

*for the free response portion study:
              1) the essential micro graphs and essential micro formulas
              2) the Chapter 8 multiple-choice & frq practice questions

3. the last day to turn in anything for the 3rd marking period is Thurs., 3/12; everything is due at the

    beginning of the class (no later), and please put the homework # on every homework; any concerns see

    me before Thurs., 3/12

 

 

Fri., 2/27

1.

2. the last day to turn in anything for the 3rd marking period is Wed., 3/11; everything is due at the

    beginning of the class (no later), and please put the homework # on every homework; any concerns see

    me before Wed., 3/11

 

 

Wed., 3/4

1. SAT- bells will be held