Page One Economics Resources to Teach AP Microeconomics
Page One Economics® Articles Aligned with the AP Microeconomics Curriculum
Keep your students in the know on timely economic issues with Page One Economics®. Each of these articles provides a simple, short overview of a current economic event that offers students an opportunity to use close reading strategies.
The Teacher’s Guide in each article includes student questions and a teacher answer key, plus additional resources and lesson ideas for classroom, extra credit, or make-up assignments. To find the answer key, or to assign Page One Economics® as an online learning resource, register for an Econ Lowdown teacher account.
AP Microeconomics Units and Topics are shown below, followed by the relevant Page One Economics® articles.
Unit 1: Basic Economic Concepts
Topics
- Scarcity
- Resource allocation and economic systems
- The production possibilities curve
- Comparative advantage and gains from trade
- Cost-benefit analysis
- Marginal analysis and consumer choice
Unit 2: Supply and Demand
Topics
- Demand
- Supply
- Elasticity
- Market equilibrium, disequilibrium, and changes in equilibrium
- The effects of government intervention in markets
- International trade and public policy
Relevant Articles
Does International Trade Create Winners and Losers?
Unit 3: Production, Cost, and the Perfect Competition Model
Topics
- The production function
- Short- and long-run production costs
- Types of profit
- Profit maximization
- Perfect competition
Unit 4: Imperfect Competition
Topics
- Monopoly
- Price discrimination
- Monopolistic competition
- Oligopoly and game theory
Relevant Articles
Advertising: Dollars and Decisions
The Economics of Flying: How Competitive Are the Friendly Skies?
The Rising Cost of College: Tuition, Financial Aid, and Price Discrimination
Unit 5: Factor Markets
Topics
- Introduction to factor markets
- Changes in factor demand and factor supply
- Profit-maximizing behavior in perfectly competitive factor markets
- Monopsonistic markets
Relevant Articles
College: Learning the Skills To Pay the Bills?
The Economics of Immigration: A Story of Substitutes and Complements
Unit 6: Market Failure and the Role of Government
Topics
- Socially efficient and inefficient market outcomes
- Externalities
- Public and private goods
- The effects of government intervention in different market structures
- Income and wealth inequality
Relevant Articles
College: Learning the Skills To Pay the Bills?
How Economics Informs Environmental Policy: A Case Study of Shale Gas and Oil
The Economics of Subsidizing Sports Stadiums
Would Increasing the Minimum Wage Reduce Poverty?
Other Relevant AP Economics Resources
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