­­AP Macroeconomics and AP Microeconomics

 

The countdown to the AP exams

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

😱🤑👍😀

 

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

 

Tues., 1/6

1. start Microeconomics

2. begin Chapter 7

3. pgs. 1-13 from the presentation: topics- consumers’ elasticity, cross-price elasticity, and price

    elasticity of demand

4. hw- due by Thurs., 1/8: #1

5. extra credit: cross-price elasticity (this is due on or before the day of the test review)
6. extra credit: price elasticity of demand
(this is due on or before the day of the test review)
7. videos:
               *Elasticity Overview and Tips (7 minutes)
               *Elasticity (6 minutes)
               *Price Elasticity of Demand and Supply and Cross-Price Elasticity (7 minutes)

 

 

Wed., 1/7

1. start Microeconomics

2. begin Chapter 7

3. pgs. 1-13 from the presentation: topics- consumers’ elasticity, cross-price elasticity, and price

    elasticity of demand

4. hw- due by Fri., 1/9: #1

5. extra credit: cross-price elasticity (this is due on or before the day of the test review)
6. extra credit: price elasticity of demand
(this is due on or before the day of the test review)
7. videos:
               *Elasticity Overview and Tips (7 minutes)
               *Elasticity (6 minutes)
               *Price Elasticity of Demand and Supply and Cross-Price Elasticity (7 minutes)

 

 

Thurs., 1/8

1. pgs. 14-30 from the presentation: topics- business revenue based of consumers’ elasticities, and

    income elasticity of demand

2. hw- #1 due

3. hw- due by Mon., 1/12: #2

4. extra credit: income elasticity of demand (this is due on or before the day of the test review)

5. videos:

*Price Elasticity of Demand / Supply, Cross-Price Elasticity, and Income Elasticity (7 mins.)

 

 

Fri., 1/9

1. pgs. 14-30 from the presentation: topics- business revenue based of consumers’ elasticities, and

    income elasticity of demand

2. hw- #1 due

3. hw- due by Tues., 1/13: #2

4. extra credit: income elasticity of demand (this is due on or before the day of the test review)

5. videos:

*Price Elasticity of Demand / Supply, Cross-Price Elasticity, and Income Elasticity (7 mins.)

 

 

Mon., 1/12

1. pgs. 31-43 from the presentation: topics- utility, marginal utility, total utility, marginal benefit,

    price equals marginal benefit, consumer surplus, and total consumer surplus (graphically

    and in list version)

2. hw- #2 due

3. extra credit: utility, marginal utility, & marginal benefit (this is due on or before the day of the test

    review)

4. videos:

*Utility Maximiztion: Diminishing Marginal Utility (2 minutes)

*Consumer and Producer Surplus (4 minutes)

 

Tues., 1/13

1. pgs. 31-43 from the presentation: topics- utility, marginal utility, total utility, marginal benefit,

    price equals marginal benefit, consumer surplus, and total consumer surplus (graphically

    and in list version)

2. hw- #2 due

3. extra credit: utility, marginal utility, & marginal benefit (this is due on or before the day of the test

    review)

4. videos:

*Utility Maximiztion: Diminishing Marginal Utility (2 minutes)

*Consumer and Producer Surplus (4 minutes)

 

 

Wed., 1/14

1. pgs. 44-53 from the presentation: topics- consumer surplus and total consumer surplus (graphically

    and in list version), firms as price-takers in perfectly competitive markets, and price elasticity of

    supply

2. hw- due by Fri., 1/16: #3

3. extra credit: consumer surplus (this is due on or before the day of the test review)

4. extra credit: total consumer surplus (this is due on or before the day of the test review)
5. extra credit: price elasticity of supply
(this is due on or before the day of the test review)

6. videos:

*Consumer and Producer Surplus (10 minutes)

 

 

Thurs., 1/15

1. pgs. 44-53 from the presentation: topics- consumer surplus and total consumer surplus (graphically

    and in list version), firms as price-takers in perfectly competitive markets, and price elasticity of

    supply

2. hw- due by Tues., 1/20: #3

3. extra credit: consumer surplus (this is due on or before the day of the test review)

4. extra credit: total consumer surplus (this is due on or before the day of the test review)
5. extra credit: price elasticity of supply (this is due on or before the day of the test review)

6. videos:

*Consumer and Producer Surplus (10 minutes)

 

 

Fri., 1/16

1. pgs. 54-65 from the presentation: topics- a firm’s revenue and profit, marginal product of labor,

    diminishing returns to labor, variable, fixed, and total costs, and marginal costs

2. hw- #3 due

3. hw- due by Wed., 1/21: #4

 

 

Mon., 1/19

1. pgs. 50-65 from the presentation: topics- a firm’s revenue and profit, marginal product of labor,

    diminishing returns to labor, variable, fixed, and total costs, and marginal costs

2. hw- #3 due

3. hw- due by Thurs., 1/22: #4

 

 

Mon., 1/20

1. no school

 

 

Wed., 1/21

1. pgs. 66-77 from the presentation: topics- profit maximization, marginal revenue, marginal revenue

    product of labor (MRP), or marginal revenue product, producer surplus, and total consumer

    surplus (graphically and in list version)

2. hw- #4 due

3. hw- due by Fri., 1/27: #5

4. extra credit: producer surplus

5. extra credit: total producer surplus

 

 

Thurs., 1/22

1. pgs. 66-77 from the presentation: topics- profit maximization, marginal revenue, marginal revenue

    product of labor (MRP), or marginal revenue product, producer surplus, and total consumer

    surplus (graphically and in list version)

2. hw- #4 due

3. hw- due by Mon., 1/26: #5

4. extra credit: producer surplus

5. extra credit: total producer surplus

 

 

Fri., 1/23

1. Chapter 7 test review

2. hw- #5 due

3. videos and Kahoot!:
                                      *Micro. Unit 2- Multiple-Choice Practice #1 (12 minutes) (ignore ?s we haven't

studied)

      *Micro. Unit 2- Multiple-Choice Practice #2 (16 minutes) (ignore ?s we haven't

studied)

      *Chapter 7 Kahoot! review

 

 

Mon., 1/26

1. Chapter 7 test review

2. hw- #5 due

3. videos and Kahoot!:
                                      *Micro. Unit 2- Multiple-Choice Practice #1 (12 minutes) (ignore ?s we haven't

studied)

      *Micro. Unit 2- Multiple-Choice Practice #2 (16 minutes) (ignore ?s we haven't

studied)

      *Chapter 7 Kahoot! review

 

 

Tues., 1/27

1. Chapter 7 test / pencil and blue or blank pen needed
         *for the multiple-choice portion, study:
              1) the Chapter 7 multiple-choice & frq practice questions
              2) the Chapter 7 Kahoot! review
              3) the Chapter 7 presentation we use in class or the Chapter 7 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 7 multiple-choice & frq practice questions

 

 

Wed., 1/28

1. Chapter 7 test / pencil and blue or blank pen needed
         *for the multiple-choice portion, study:
              1) the Chapter 7 multiple-choice & frq practice questions
              2) the Chapter 7 Kahoot! review
              3) the Chapter 7 presentation we use in class or the Chapter 7 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 7 multiple-choice & frq practice questions