AP r Microeconomics Crash Course Book Online 1st edition by David Mayer ISBN 0738669660 9780738669663

AP(r) Microeconomics Crash Course Book Online 1st edition by David Mayer – Ebook PDF Instant Download/Delivery: 0738669660,  9780738669663
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ISBN 10: 0738669660
ISBN 13: 9780738669663
Author: David Mayer

REA’s Crash Course for the AP® Microeconomics Exam – Gets You a Higher Advanced Placement® Score in Less Time Crash Course is perfect for the time-crunched student, the last-minute studier, or anyone who wants a refresher on the subject. Are you crunched for time? Have you started studying for your Advanced Placement® Microeconomics exam yet? How will you memorize everything you need to know before the test? Do you wish there was a fast and easy way to study for the exam AND boost your score? If this sounds like you, don’t panic. REA’s Crash Course for AP® Microeconomics is just what you need. Our Crash Course gives you: Targeted, Focused Review – Study Only What You Need to Know The Crash Course is based on an in-depth analysis of the AP® Microeconomics course description outline and actual AP® test questions. It covers only the information tested on the exam, so you can make the most of your valuable study time. Our easy-to-read format gives you a crash course in: basic economic concepts, consumer choice theory, supply and demand, production and costs, and more. The author also includes must-know key terms all AP® students should know before test day. Expert Test-taking Strategies Our experienced AP Microeconomics teacher shares detailed question-level strategies and explains the best way to answer the multiple-choice and free-response questions you’ll encounter on test day. By following our expert tips and advice, you can boost your overall point score! Take REA’s FREE Practice Exam After studying the material in the Crash Course, go to the online REA Study Center and test what you’ve learned. Our free practice exam features timed testing, detailed explanations of answers, and automatic scoring analysis. The exam is balanced to include every topic and type of question found on the actual AP® exam, so you know you’re studying the smart way. Whether you’re cramming for the test at the last minute, looking for extra review, or want to study on your own in preparation for the exams – this is the study guide every AP® Microeconomics student must have. When it’s crucial crunch time and your Advanced Placement® exam is just around the corner, you need REA’s Crash Course for AP® Microeconomics! About the Author David Mayer earned his B.S. in Economics from Texas A&M University and his M.Ed. in Educational Psychology from the University of Texas at San Antonio. Mr. Mayer has had an extensive career teaching economics to high school students. Since 2004, more than 400 of his students have earned college credit on the AP® Economics exams. In addition to his work in the classroom, Mr. Mayer serves as an AP® Economics consultant for the College Board and is an AP® Economics Reader and Table Leader for Educational Testing Service. He has also written several economics books and test preps. Currently Mr. Mayer teaches AP® Economics at the Winston Churchill High School in San Antonio, Texas and acts as professional mentor to new AP® Economics teachers.

AP(r) Microeconomics Crash Course Book Online 1st Table of contents:

PART I – INTRODUCTION

Chapter 1 – How to Score Well on the AP Microeconomics Exam

Know the Exam Background

Know the College Board’s Course Outline

Know When to Guess in the Multiple-Choice Section

Know the Importance of Diagrams in the AP Microeconomics Course

Study the Released Exams

Know This Book!

Chapter 2 – Key Terms

I. Basic Economic Concepts

II. Demand and Supply

III. Theory of Consumer Choice

IV. Production and Costs

V. Perfect Competition

VI. Monopoly

VII. Monopolistic Competition

VIII. Oligopoly

IX. Factor Markets

X. Market Failures and the Role of Government

PART II – KEY CONTENT REVIEW

Chapter 3 – Basic Economic Concepts

I. Scarcity, Choice, and Opportunity Cost

II. Production Possibilities Curve

III. Trade

IV. Economic Systems

V. Marginal Analysis

Chapter 4 – Demand and Supply

I. Market Equilibrium

Chapter 5 – Consumer-Choice Theory

I. Utility Maximization and the Utility Maximizing Rule

Chapter 6 – Production and Costs

I. Firms

II. Costs in the Short Run

III. Costs in the Long Run and Economies of Scale

IV. Cost-Minimizing Input Combination

Chapter 7 – Perfect Competition

I. Profit

II. Profit Maximization

III. Perfect Competition

Chapter 8 – Monopoly

I. What is a Monopoly?

II. Sources of Monopoly Power

III. Demand, Marginal Revenue, and Monopoly

IV. Profit Maximization in Monopoly

V. Inefficiency and Monopoly

VI. Price Discrimination

VII. Natural Monopoly Revisited

Chapter 9 – Monopolistic Competition

I. What is Monopolistic Competition?

II. Monopolistic Competition in the Short-Run

III. Monopolistic Competition in the Long Run

Chapter 10 – Oligopoly

I. What is Oligopoly?

II. Collusion and Cartels

III. Modeling Oligopolistic Behavior

Chapter 11 – Factor Markets

I. What are Factor Markets?

II. Derived Factor Demand

III. Marginal Revenue Product

IV. Marginal-Factor Cost

V. Perfectly-Competitive Factor Markets

VI. Monopsony in the Factor Market

Chapter 12 – Market Failures and the Role of Government

I. Market Failures

II. Taxes

PART III – KEY GRAPHS AND FORMULAS

Chapter 13 – Key Graphs

I. The Production Possibilities Curve (PPC)

II. Supply and Demand

III. Price Ceilings

IV. Price Floors

V. Production Function

VI. Per-Unit Cost Curves

VII. Perfect Competition

VIII. Monopoly

IX. Monopolistic Competition

X. Oligopoly

XI. Competitive Factor Market

XII. Monopsony in the Factor Market

XIII. Positive Externality

XIV. Negative Externality

XV. The Lorenz Curve

Chapter 14 – Key Formulas

I. Opportunity Cost

II. Marginal Analysis

III. Equilibrium, Surpluses and Shortages

IV. Consumer Surplus, Producer Surplus, Deadweight Loss

VI. Elasticity Formulas

VII. Utility Maximization Rule

VIII. Production Formulas

IX. Cost Formulas

X. Cost Minimizing Input Combination

XI. Profit

XII.Efficiency

XIII. Factor Market Formulas

XIV Market Failure Formulas

XV. Gini Coefficient

PART IV – TEST-TAKING STRATEGIES

Chapter 15 – Multiple-Choice Strategies

I. Think Like an Economist

II. Question Types on the AP Microeconomics Exam

III. General Tips

Chapter 16 – Free-Response Question Strategies

I. Think like an economist.

II. Free-Response Strategies

Economics Glossary

Notes

Welcome to REA’s Crash Course for AP Microeconomics

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