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Deer Valley Advance Placement Economics: 2005-2006

AP Microeconomics - Chapter Assignments - Fall
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CLICK HERE TO DOWNLOAD FALL ASSIGNMENTS

AP Microeconomics:  Fall Semester

Fall Semester Home Learning  Assignments with due dates.

PAY SPECIAL ATTENTION TO ALL KEY GRAPHS IN ALL CHAPTERS!   MEMORIZE THEM AND THEIR IMPORTANCE.

I SUGGEST YOU READ EACH CHAPTER SUMMARY FIRST BEFORE BEGINNING THE CHAPTER.

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UNIT 1: MICROECONOMICS An Introduction to Economics and the Economy

Chapter 1:  The Nature and Method of Economics:   Read pgs. 1-19

Pay particular attention to Micro/Macroeconomics and Pitfalls to Objective thinking. pgs. 9-12.

Appendix to Chapter 1 is very important especially graph analysis.

Answers the following questions and place in your notebook by the due date listed:

1.   Define all "TERMS AND CONCEPTS" listed on pages 13 & 19.

2.   Answer all "Key" questions on pages 14 and 20.

3.   Answer McConnell Brue Study Guide Multiple Choice Questions  1-25 for this chapter

4.   Answer online study guide questions from my web site for chapter 1.

DUE:  September 13th

TEST ON CHAPTER 1: September 19th  _____________________________________________________

Chapter 2 The Economizing Problem:  Read pgs. 22-36.

Answers the following questions and place in your notebook by the due date listed:

Economic Systems is a definite multiple choice AP Exam Question.  Memorize the Circular Flow Model.

1.   Define all "TERMS AND CONCEPTS" listed on page 37.

2.   Answer all "Key" questions on page 38.

3.   Answer McConnell-Brue Study Guide Multiple Choice Questions  1-25 for this chapter.

4.   Answer online study guide questions from my web site for chapter 2.

DUE:  Sept. 21

TEST ON CHAPTER 2:  Sept 23 _____________________________________________________

Chapter 3 Individual Markets: Supply and Demand: Read pgs. 40-56.

Answers the following questions and place in your notebook by the due date listed:

VERY IMPORTANT CHAPTER.  IT LAYS THE FOUNDATION FOR MOST EVERYTHING ELSE WE DO!

1.   Define all "TERMS AND CONCEPTS" listed on page 56 .

2.   Answer all "Key" questions on pages 56 & 57.

3.   Answer McConnell-Brue Study Guide Multiple Choice Questions  1-30 for this chapter.

4.   Answer online study guide questions from my web site for chapter 3.

DUE:   Sept. 29

TEST ON CHAPTER 3:  Oct. 5

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Chapter 4 The Market System:  Read pgs. 59 - 69

Answers the following questions and place in your notebook by the due date listed:

 

1.   Define all "TERMS AND CONCEPTS" listed on page 70 .

2.   Answer all "Key" questions on page 71 AND questions 2, 3 on page 70 & question 6 on page 71 .

3.   Answer McConnell-Brue Study Guide Multiple Choice Questions  1-25 for this chapter.

4.   Answer online study guide questions from my web site for chapter 4.

DUE:  Oct. 7

TEST ON CHAPTER 4:  Oct.10

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UNIT 2: Microeconomics of Product Markets: 

Chapter 20 Supply and Demand: Elasticities and Government Set Prices:   Read 374 - 390

Answers the following questions and place in your notebook by the due date listed:

1.   Define all "TERMS AND CONCEPTS" listed on page 391.

2.   Answer all "Key" questions on page 392.

3.   Answer McConnell-Brue Study Guide Multiple Choice Questions  1-30 for this chapter.

4.   Answer online study guide questions from my web site for chapter 20.

DUE:   Oct. 17

TEST ON CHAPTER 20:  Oct 25

Chapter 21 Consumer Behavior and Utility Maximization:  Read pgs. 394-405

Answers the following questions and place in your notebook by the due date listed:

1.   Define all "TERMS AND CONCEPTS" listed on pages 406.

2.   Answer all "Key" questions on pages 406 & 407.

3.   Answer McConnell-Brue Study Guide Multiple Choice Questions  1-25 for this chapter.

4.   Answer online study guide questions from my web site for chapter 21.

DUE:  Oct. 27

TEST ON CHAPTER 21:  Nov. 1

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Chapter 22 The costs of Production:  Read pgs. 415 - 433

Answers the following questions and place in your notebook by the due date listed:

1.   Define all "TERMS AND CONCEPTS" listed on page 434.

2.   Answer all "Key" questions on pages 434-36.

3.   Answer McConnell-Brue Study Guide Multiple Choice Questions  1-30 for this chapter.

4.   Answer online study guide questions from my web site for chapter 22.

DUE:  Nov. 4

TEST ON CHAPTER 22:  Nov. 8

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Chapter 23 Pure Competition:  Read pgs. 437-459

ONE OF THE MOST IMPORTANT CHAPTERS IN THE BOOK.  YOU MUST BE ABLE TO EASILY GO FROM A PERFECTLY COMPETITIVE FIRM TO A MONOPOLY AND VICE VERSA BY USING GRAPHS.  Also graphically, you must be able to go from a PC Market or Industry to a PC Firm with no problem.        Definitely a free response and/or m/c question.

Answers the following questions and place in your notebook by the due date listed:

1.   Define all "TERMS AND CONCEPTS" listed on page 460.

2.   Answer all "Key" questions on pages 460-1.

3.   Answer McConnell-Brue Study Guide Multiple Choice Questions  1-25 for this chapter.

4.   Answer online study guide questions from my web site for chapter 23.

DUE:   Nov. 10

TEST ON CHAPTER 23:   Nov. 14

Chapter 24 Pure Monopoly:  Read 463- 482

Answers the following questions and place in your notebook by the due date listed:

1.   Define all "TERMS AND CONCEPTS" listed on page 483.

2.   Answer all "Key" and questions 7, 8, 10 on page 483-84. 

3.   Answer McConnell-Brue Study Guide Multiple Choice Questions  1-25 for this chapter.

4.   Answer online study guide questions from my web site for chapter 24.

DUE:   Nov. 21

TEST ON CHAPTER 24:   Nov. 30

 

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Chapter 25 Monopolistic Competition and Oligopoly:  Read 486-497 and 500 - 501 (Cartels) and 503 Oligopoly and Advertising to 507)

Answers the following questions and place in your notebook by the due date listed:

1.   Define all "TERMS AND CONCEPTS" listed on page 508.

2.   Answer all "Key" questions on page 508-9.

3.   Answer McConnell-Brue Study Guide Multiple Choice Questions  1-19 and Problem 2 on pgs. 289-90.

4.   Answer online study guide questions from my web site for chapter 25.

DUE:   Dec. 6

TEST ON CHAPTER 25:   Dec. 12

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UNIT 3: Microeconomics or Resource Markets

Chapter 27 The Demand for Resources:  Read 532-546

Very important chapter;  you must be able to do MRP = MRC graphs.

Answers the following questions and place in your notebook by the due date listed:

1.   Define all "TERMS AND CONCEPTS" listed on page 547.

2.   Answer all "Key" questions on page 548.

3.   Answer McConnell-Brue Study Guide Multiple Choice Questions  1-25 for this chapter.

4.   Answer online study guide questions from my web site for chapter 27.

DUE:  Dec. 28

TEST ON CHAPTER 27:   with chapter 28

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Chapter 28 Wage Determination:  Closely read 550-557. Our concentration for this chapter is here;   then finish reading rest of chapter.

You must know what a monopsony is and how and where the price in wages is determined.

Answers the following questions and place in your notebook by the due date listed:

1.   Define the first 5 "TERMS AND CONCEPTS" listed on page 570.

2.   Answer "Key" questions 3, 4, & 6 on page 570-71.

3.   Answer McConnell-Brue Study Guide Multiple Choice Questions  1-12 for this chapter.

4.   Answer online study guide questions from my web site for chapter 28.

DUE:   Dec.  28

TEST ON CHAPTER 28:   Jan. 5th

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Chapter 29 Rent, Interest and Profit  572-577 and 581 - 583 & Chapter 26 pages 514-519

Answers the following questions and place in your notebook by the due date listed:

1.   Define all "TERMS AND CONCEPTS" included in the required reading above and listed on page 585.

2.   Answer "Key" questions 2 & 8 on page 585-86.

3.   Answer McConnell-Brue Study Guide Multiple Choice Questions  2-6  and  21 - 25 for this chapter.

4.   Answer online study guide questions from my web site for chapter 29.

DUE:   Jan. 9

TEST ON CHAPTER 29:   Jan. 11

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UNIT 4: Microeconomics of Government

Chapter 30 Government and Market Failure:  Read 588 - 607

Answers the following questions and place in your notebook by the due date listed:

1.   Define all "TERMS AND CONCEPTS" listed on page 608.

2.   Answer all "Key" questions on page 608-9.

3.   Answer McConnell-Brue Study Guide Multiple Choice Questions  1-25 for this chapter.

4.   Answer online study guide questions from my web site for chapter 30.

DUE:  Jan. 18

TEST ON CHAPTER 30:  Jan. 20

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Chapter 31 Public Choice Theory and the Economics of Taxation: Read 615 (Government Failure) through 625.

Answers the following questions and place in your notebook by the due date listed:

1.   Define all "TERMS AND CONCEPTS" listed on page 628.

2.   Answer "Key" questions  4, 7, & 9 on page 629.

3.   Answer McConnell-Brue Study Guide Multiple Choice Questions  7-24 for this chapter.

4.   Answer online study guide questions from my web site for chapter 31.

DUE:   Jan. 18

 

TEST ON CHAPTER 31:  Jan. 20

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CLICK HERE TO DOWNLOAD FALL ASSIGNMENTS