AP MicroEconomics Mr. Crawford
AP MICROECONOMICS UNIT III
Unit Objectives
UNIT OF STUDY PERCENT OF AP EXAM READINGS FROM McCONNELL/BRUE OTHER SOURCES AUDIOVISUAL MATERIALS UNIT TEST DATE
The Theory of the Firm
(20-25 Days)
A. Firm Production, Costs and Revenue
1. Marginal Product and Diminshing Returns
2. Total, Average, Marginal - Cost and Revenue
3. Long Run Costs and Economies of Scale
B. Product Pricing and Outputs
1. Perfect Competition
2. Monopoly
3. Monopolistic Competition
4. Oligopoly
40-50%
Chapter 9
The Costs of Production
(PowerPoint)
Chapter 10
Pure Competition
(PowerPoint)
Chapter 11
Monopoly
(PowerPoint)
Chapter 12
Monopolistic Competition and Oligopoly
(PowerPoint)

The Worldly Philosophers
- Heilbroner
*Chapter VIII*
The Savage Society of
Thorstein Veblen

New Ideas from Dead Economists
- Buchholz
*Chapter VIII*
Old and New
Institutionalists

 

The Nirvana Wars

The Battle of the Portals

The Big Guys: Did They do Tucker In?

The Prisoner's Dilemma

 Economics U$A #15

Economics U$A #17

Economics U$A #19

Economics U$A #20

 

 

“Tucker”

 12/8

1/12

2/2

2/16