Page One Economics Resources to Teach AP Microeconomics
Keep your students in the know on timely economic issues with Page One Economics® articles aligned with the AP Microeconomics curriculum. Each of these articles provides a simple, short overview of a current economic event that offers students an opportunity to use close reading strategies.
For Teachers: Register for an Econ Lowdown teacher account to access Teacher's Guides for each issue, including student questions and an answer key, and assign auto-graded lessons to your students.
AP Microeconomics Units and Topics are shown below, followed by the relevant Page One Economics articles.
Unit 1: Basic Economic Concepts
| TOPICS | PAGE ONE ARTICLES |
|---|---|
|
Scarcity Resource allocation and economic systems The production possibilities curve Comparative advantage and gains from trade Cost-benefit analysis Marginal analysis and consumer choice |
|
|
The Global Economy: It’s a Small World After All |
Unit 2: Supply and Demand
| TOPICS | PAGE ONE ARTICLES |
|---|---|
|
Demand Supply Elasticity Market equilibrium, disequilibrium, and changes in equilibrium The effects of government intervention in markets International trade and public policy |
|
|
Does International Trade Create Winners and Losers? Prices: The Marketplace's Communication System |
Unit 3: Production, Cost, and the Perfect Competition Model
| TOPICS | PAGE ONE ARTICLES |
|---|---|
|
The production function Short- and long-run production costs Types of profit Profit maximization Perfect competition |
|
Unit 4: Imperfect Competition
| TOPICS | PAGE ONE ARTICLES |
|---|---|
|
Monopoly Price discrimination Monopolistic competition Oligopoly and game theory |
|
|
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 | PAGE ONE ARTICLES |
|---|---|
|
Introduction to factor markets Changes in factor demand and factor supply Profit-maximizing behavior in perfectly competitive factor markets Monopsonistic markets |
|
|
College: Learning the Skills To Pay the Bills? The Economics of Immigration: A Story of Substitutes and Complements Will Your Smartphone Get You a Job? What Should College Athletes Be Paid? Market Structure and the NCAA |
Unit 6: Market Failure and the Role of Government
| TOPICS | PAGE ONE ARTICLES |
|---|---|
|
Socially efficient and inefficient market outcomes Externalities Public and private goods The effects of government intervention in different market structures Income and wealth inequality |
|
|
How Economics Informs Environmental Policy: A Case Study of Shale Gas and Oil The Economics of Subsidizing Sports Stadiums Why Are Some Countries Rich and Others Poor? |
Other Relevant AP Economics Resources
---
If you have difficulty accessing this content due to a disability, please contact us at economiceducation@stls.frb.org or call the St. Louis Fed at 314-444-8444 and ask for Economic Education.