AP Microeconomics CED Alignment
Just prior to the summer of 2019, the College Board came out with a new detailed Course Exam Description (CED) for AP microeconomics. Below you will find the alignment of ReviewEcon.com resources to assist teachers in aligning their lesson plans to the new CED.
1. Basic Economic Concepts
Micro Topic 1.1/1.2 Scarcity, Resource Allocation, and Economics Systems
– “What is Economics?” content review
– Scarcity video
– Economic Systems video
Micro Topic 1.3 Production Possibilities Curve
– “Production Possibilities Curve” content review
– Production Possibilities video
– Productions Possibilities game
– PPC Graph drawing practice
Micro Topic 1.4 Comparative Advantage
– “Comparative Advantage Simplified” content review
– Comparative Advantage video
– Comparative Advantage game
Micro Topic 1.5 Cost-Benefit Analysis
– “What is Opportunity cost” content review
– Opportunity Cost video
– Opportunity Cost Calculations game – click on “Opportunity Cost” start button
Micro Topic 1.6 Marginal Analysis and Consumer Choice
– “Everything doing is worth doing well? Not so fast…” content review
– Marginal Analysis video
– Utility Maximizing Combinations game – click on “Utility Max” start button
Unit 1 Microeconomics Review Video
Unit 1 Multiple Choice Practice
Unit 1 Flashcards
2. Supply and Demand
Micro Topic 2.1/2.2 Demand and Supply
– “4 keys to Supply and Demand” content review
– Demand video
– Supply video
– Determinants of Supply and Demand sorting game
– Changes in Supply and Demand game
Micro Topic 2.3/2.4/2.5 Elasticities
– “Elasticity Coefficients” content review
– Price Elasticity of Demand video
– Other Elasticities video
– Elasticity Coefficient Calculations game
Micro Topic 2.6 Market Equilibrium and Consumer and Producer Surplus
– “Surplus and Deadweight Loss” content review
– Surplus, and Deadweight Loss video
– Points, Prices, and Quantities game – click on “S & D” start button (also covers 2.7, 2.8 & 2.9)
– Graph Shading game – click on “S & D” start button (also covers 2.7, 2.8 & 2.9)
– Supply and Demand Graph drawing practice (also covers 2.7, & 2.8)
Micro Topic 2.7 Market Disequilibrium and Changes in Equilibrium
– “Market Equilibrium” content review
– Market Equilibrium video
– Shifting Markets game
– Points, Prices, and Quantities game – click on “S & D” start button (also covers 2.6, 2.8 & 2.9)
– Graph Shading game – click on “S & D” start button (also covers 2.6, 2.8 & 2.9)
– Supply and Demand Graph drawing practice (also covers 2.6 & 2.8)
Micro Topic 2.8 The Effects of Government Interventions in Markets
– “How do Price Controls Impact Markets?” content review
– “3 Things to Know about Per-unit Taxes” content review
– Government Controls video
– Points, Prices, and Quantities game – click on “S & D” start button (also covers 2.6, 2.7 & 2.9)
– Graph Shading game – click on “S & D” start button (also covers 2.6, 2.7 & 2.9)
– Supply and Demand Graph drawing practice (also covers 2.6 & 2.7)
Micro Topic 2.9 International Trade and Public Policy
– “4 Keys to Trade and Tariff Graphs” content review
– Trade and Tariffs video
– Points, Prices, and Quantities game – click on “S & D” start button (also covers 2.6, 2.7 & 2.8)
– Graph Shading game – click on “S & D” start button (also covers 2.6, 2.7 & 2.8)
Unit 2 Microeconomics Review Video
Unit 2 Multiple Choice Practice
Unit 2 Flashcards
3. Production, Cost, and the Perfect Competition Model
Micro Topic 3.1 The Production Function
– “Production Function” content review
– Production Function video
Micro Topic 3.2/3.3 Short-Run Production Costs and Long Run Production Costs
– “What I Need to Know About Cost Curves” content review
– Short-run Cost Curves video
– Long-run Costs video
– Cost Curve Calculations game
Micro Topic 3.4/3.5 Types of Profit and Profit Maximization
– “Cost, Revenue, & Profit Run-Down” content review
– Profit and Profit Mazimization video
– Cost Revenue and Profit game – click on “Skip O.C.” start button
Micro Topic 3.6 & 3.7 Firms’ Short-Run Decisions to Produce and Long-Run Decisions to Enter or Exit the Market and Perfect Competition
– “Keys to Understanding Perfectly Competitive Firms” content review
– Firm Decisions video
– Pefect Competition in the Short Run video
– Perfect Competition in the Long Run video
– Points, Prices, and Quantities game – click on “Cost/Perfect” start button
– Graphs Shading game – click on “Markets” start button (also covers Monopoly and Monopolistic Competition)
– Market Structures ID game (also covers Monopoly, Oligopoly, and Monopolistic Competition)
– Perfectly Competitive Graph drawing practice
Unit 3 Microeconomics Review Video
Unit 3 Multiple Choice Practice
Unit 3 Flashcards
4. Imperfect Competition
Micro Topic 4.1/4.2/4.3 Introduction to Imperfectly Competitive Markets, Monopoly and Price Discrimination
– “Keys to Understanding Monopoly” content review
– Intro to Imperfect Competition video
– Monopolies video
– Price Discrimination video
– Points, Prices, and Quantities game – click on “Imperfect” start button
– Graphs Shading game – click on “Markets” start button (also covers 4.4 & Perfect Competition)
– Market Structures ID game (also covers 4.4, 4.5, and Perfect Competition)
– Monopoly Graph drawing practice (also covers 4.4)
Micro Topic 4.4 Monopolistic Competition
– “Keys to Understanding Monopolistic Competition” content review
– Monopolistic Competition video
– Points, Prices, and Quantities game – click on “Imperfect” start button
– Graphs Shading game – click on “Markets” (also covers 4.2 & Perfect Competition)
– Market Structures ID game (also covers 4.2, 4.5, and Perfect Competition)
– Monopoly Graph drawing practice (also covers 4.2 & 4.3)
Micro Topic 4.5 Oligopoly
– “Oligopoly, Duopoly, and Game Theory” content review
– Oligopoly video
– Game Theory game
– Market Structures ID game (also covers 4.2, 4.4, and Perfect Competition)
Unit 4 Microeconomics Review Video
Unit 4 Multiple Choice Practice
Unit 4 Flashcards
5. Factor Markets
Micro Topic 5.1/5.2 Introduction to Factor Markets and Changes in Factor Demand and Supply
– “Demand for Labor” content review
– Introduction to Factor Markets video
– MRP and MRC Calculations game
Micro Topic 5.3 Profit Maximizing Behavior in Perfectly Competitive Factor Markets
– “Perfectly Competitive Factor Markets” content review
– “Resource Combinations – Least Cost and Profit Max” content review
– Firms in Perfectly Competitive Factor Markets video
– Shifting Perfectly Competitive Factor Markets game
– Best Combinations game – click on “Resource Comb”
– Points, Prices, and Quantities game – click on “Factors” start button (also covers 5.4)
– Graphs Shading game – click on “Factors/Failures” (also covers 5.4 and Market Failures)
– Factors and Failures Graphs drawing practice (also covers 5.4 and Externalities)
Micro Topic 5.4 Monopsonistic Markets
– “Monopsony Factor Markets” content review
– Monopsony video
– Points, Prices, and Quantities game – click on “Factors” start button (also covers 5.3)
– Factors and Failures Graphs drawing practice (also covers 5.4 and Externalities)
Unit 5 Microeconomics Review Video
Unit 5 Multiple Choice Practice
Unit 5 Flashcards
6. Market Failure and the Role of Government
Micro Topic 6.1/6.2 Socially Efficient and Inefficient Outcomes Externalities
– “Positive and Negative Externalities” content review
– Introduction to Market Failures video
– Externalities video
– Points, Prices, and Quantities game – click on “Failures” start button
– Graphs Shading game – click on “Factors/Failures”
– Factors and Failures Graphs drawing practice (Factor Markets)
Micro Topic 6.3 Public and Private Goods
– “How to Classify Goods” content review
– Public Goods video
– Public and Private Goods ID game
Micro Topic 6.4 The Effects of Government Intervention in Different Market Structures
– “What are the Effects of Government Intervention?” content review
– Government Intervention video
Micro Topic 6.5 Inequality
– “3 Keys to Understanding Income and Wealth Distribution” content review
– Income Inequality video
Unit 6 Microeconomics Review Video
Unit 6 Multiple Choice Practice
Unit 6 Flashcards
General Overview of Entire Course
Micro Math Formulas content review
Micro Graphs content review
Micro Graphs Labeling game
Final Review Multiple Choice Practice game
Micro Math Review video
Micro Graph Review video
Complete Crash Review video