What You’ll Learn:

• The core concepts of microeconomics: scarcity, opportunity cost, and the basics of supply and demand

• How markets reach equilibrium—and how shifts in supply and demand affect prices and quantities

• Elasticity and what it tells us about consumer and producer behavior

• The theory of consumer choice and utility maximization

• The production process, costs, and profit-maximizing behavior of firms

• Market structures: perfect competition, monopolies, monopolistic competition, and oligopolies

• The role of government: taxes, subsidies, price controls, and externalities

• Public goods, income distribution, and market failures

• Students currently enrolled in AP Microeconomics looking for a structured, guided review

• Self-studiers who want extra support and explanation

• Anyone planning to take the AP Micro exam who wants to boost their score and feel confident going in

Why Take It on PassionClass?