I believe I’ve reached a point where nearly everything one might find on the AP Microeconomics exam can be found on this site. I just finished up 2 new review pages on price controls and excise taxes and I added LRATC and Economies of Scale to the Costs Curves page. I may post a microeconomics study guide to help students find all the resources they need more easily in the coming weeks, but I expect to spend most of the rest of the school year focusing on Macroeconomics since I still have a lot of content to cover on that end. Wish me luck!
GDP Flash Game
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25 Questions with answers and explanations to test your knowledge of the output expenditure model for calculating GDP.
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Gross Domestic Product
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Here is a review on Gross Domestic Product, different methods for calculating GDP and the problems with using GDP as the sole determinant of a country’s standard of living.
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Best Combinations Review
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My last review game of the year is done and it is a short one. 10 question review of best combinations covering utility maximizing combinations of product for consumers along with profit maximizing and cost minimizing combinations of resources for businesses. You can find this review at the
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Resource Combinations
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Here is a short review of least cost combinations of resources and profit maximizing combinations of resources. Hopefully I will be able to make one more review game before the end of the year about this and utility maximization. Wish me luck!
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Utility Maximization
Close to finishing what I hoped to complete for the year. A run-down of Utility Maximization is complete. To finish off the year, I hope to complete another review on Resource Combinations and make a game covering Utility Maximization and Resource Combinations. Wish me luck! 🙂
Factor Market Calculations
Another 15 question review game is done. This one is about factor market (Monopsony and Perfect Competition). You can find it at the bottom of the “Monopsony/Perfect Comp” page under “Failures and Factors.”
The External Reality
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Here is a comprehensive review of positive and negative externalities. It includes the difference between marginal social cost and marginal private cost as well as the difference between marginal social benefit and marginal private benefit. Again there is no review activity for this one, but I’ll start making more of those after I make a few more Microeconomics content review articles.
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The Econ Factor
Everything you need to know about perfectly competitive factor markets and monopsony. No game this time, but there are some questions about these resource markets found in the points, prices, and quantities game.
Check Out the Competition
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Here is a breakdown of the 4 product market structures organized from most competitive to least. There is also a 22 question review game to make sure you are ready for exam day!!
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