| MICRO: Unit 4, Topic 4.5 Oligopoly and Game Theory (2 and 1/2 days) |
| MICRO: Unit 4, Topic 4.4 Monopolistic Competition (2 days) |
| Joel Miller FEE.org Curriculum Development Officer Taught AP® Economics at Forsyth County Schools, Georgia for 14 years John Morton Award for Excellence in Economic Instruction, 2020 AP® Economics Reader |
| FEE.org Presents |
| Fireside Chat 8 |
| Steven M. Reff Economics Lecturer University of Arizona (2007 - 2016) AP® Economics Test Development Committee Member AP® Reader and Table Leader |
| Matt Pedlow Chelsea High School, Michigan Economics Educator for 24 years. John Morton Award for Excellence in Economic Instruction, 2018 AP® Daily Video Instructor, Reader, and Table Leader |
| Reff -- Cell Phone Graphing (1 minutes) |
Instructors
| (Foundation for Economics Education) |
| "Saving You Time by Teaching Online." |
Agenda for this evening Unit 4: Microeconomics -- Imperfect Competition
*Joel Miller: Introduction (1 minute)
*Joel Miller: 4.1 Introduction to Imperfectly Competitive Markets (7 minutes)
*Joel Miller: Calculating Areas on Graphs in Perfect and Imperfect Competition (4 minutes)
*Steven Reff: 4.2 Monopoly (15 minutes)
*Joel Miller: 4.3 Price Discrimination (10 minutes)
*Steven Reff: 4.4 Monopolistic Competition (10 minutes)
*Matt Pedlow: 4.5 Oligopoly and Game Theory (15 minutes)
*Steven Reff: Activities Listed Below (2 minutes)
*Joel Miller: Wrap Up (2 minutes)
*Joel Miller: Introduction (1 minute)
*Joel Miller: 4.1 Introduction to Imperfectly Competitive Markets (7 minutes)
*Joel Miller: Calculating Areas on Graphs in Perfect and Imperfect Competition (4 minutes)
*Steven Reff: 4.2 Monopoly (15 minutes)
*Joel Miller: 4.3 Price Discrimination (10 minutes)
*Steven Reff: 4.4 Monopolistic Competition (10 minutes)
*Matt Pedlow: 4.5 Oligopoly and Game Theory (15 minutes)
*Steven Reff: Activities Listed Below (2 minutes)
*Joel Miller: Wrap Up (2 minutes)
AP® is a trademark registered and owned by The College Board®, which is not affiliated
with, and does not endorse, this website, reffonomics.com, Joel Miller, Matt Pedlow,
Steven Reff, or FEE.org.
with, and does not endorse, this website, reffonomics.com, Joel Miller, Matt Pedlow,
Steven Reff, or FEE.org.
| MICRO: Unit 4, Topic 4.3 Price Discrimination (1 day) |
| Current Events for Unit 4 Websites (1 minutes) |
Link to: fee.org/learning-center
| MICRO: Unit 4, Topic 4.2 Monopoly (3 - 4 days) |
| MICRO-- Unit 4: Imperfect Competition |
| MICRO: Unit 4: Topic 4.1 Introduction to Imperfectly Competitive Markets (1 day) |
| Unit 4.1: Imperfect Competition (8- 10 class periods) (15 - 22 % of exam) |
The below Enduring Understanding, Learning Objectives, and Essential Knowledge are from
the AP® Macroeconomics Course and Exam Description, Effective Fall 2020
(collegeboard.org).
*AP® and Advanced Placement are registered trademarks of The College Board® which is
not affiliated with online.reffonomics.com, FEE.org, nor does it endorse this Principles of
Macroeconomics Course Curriculum.
the AP® Macroeconomics Course and Exam Description, Effective Fall 2020
(collegeboard.org).
*AP® and Advanced Placement are registered trademarks of The College Board® which is
not affiliated with online.reffonomics.com, FEE.org, nor does it endorse this Principles of
Macroeconomics Course Curriculum.
| Non-Discriminating Monopoly and Three Types of Price Discrimination: https://reffonomics.com/WBchapter9PriceDiscriminationRAeconomics2022.html - - - - - - - - - - - - - - - - - - - - - - eTextbook Reading Assignments: Price Discriminating Monopolies: https://reffonomics.com/MonopolyPartIII2BRAeconomics2021.html |
| Joel Miller (7 minutes): MICRO: Unit 4, Topic 4.3 Price Discrimination (1 class period) |
| Steven Reff (3 minutes): Describe Activities Below for Unit 4: Topics 4.1 - 4.7 |
| Joel Miller Introduction (1 minutes) |
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| Joel Miller Wrap Up (1 minutes) |
| Joel Miller (7 minutes) MICRO Unit 4, Topic 4.1 Introduction to Imperfectly Competitive Markets (1 class period) |
| Types of Market Structure Interactive Table: https://reffonomics.com/WBchapter6TypesofMarketStructures1RAeconomics2021.html - - - - - - - - - - - - - - - - - - - - - - - - - - eTextbook by Reffonomics: Market Structure: https://reffonomics.com/TypesofMarketStructures2BRAeconomics2021.html eVideos (3 minutes or less with 3 multiple choice questions): Types of Market Structure, Part I: https://reffonomics.com/8MarketStructuresCharacteristicsB.html Types of Market Structure, Part II: https://reffonomics.com/8MarketStructuresCharacteristicsPartIIB.html |
| Steven Reff (15 minutes) MICRO Unit 4, Topic 4.2 Monopoly (3 - 4 class periods) |
| Steven Reff (10 minutes): MICRO: Unit 4, Topic 4.4 Monopolistic Competition (2 days) |
| Matt Pedlow (15 minutes): MICRO: Unit 4, Topic 4.5 Oligopoly and Game Theory (2 and 1/2 days) |
| Joel Miller (4 minutes) MICRO Unit 4, Topic 4.2 Monopoly (Homework on In-Class Assignment) |
| Calculating Area of Squares, Rectangles, and Triangles: https://reffonomics.com/WBchapter4ProducerConsumerSurplusAREA1RAeconomics2021.html Calculating Area of Total Expenditures = Total Revenue: https://reffonomics.com/WBchapter4ProducerConsumerSurplusAREA2RAeconomics2021.html Calculating Area of Consumer Surplus (CS): https://reffonomics.com/WBchapter4ProducerConsumerSurplusAREA3RAeconomics2021.html Calculating Area of Producer Surplus (PS): https://reffonomics.com/WBchapter4ProducerConsumerSurplusAREA4RAeconomics2021.html Calculating Area of CS, PS, and Deadweight Loss (DWL): https://reffonomics.com/WBchapter4ProducerConsumerSurplusAREA5aRAeconomics2021.html |