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Recent AP Microeconomics classes
Recent classes held in Fort Wayne, Jersey City
Kajal taught 11 days ago
The session covered the concepts of real vs. money wages, demand and supply in the labor market, factors shifting the labor demand curve, and price floors like minimum wage. The Student practiced applying these concepts and was assigned homework to answer questions about price floors, including illustrating binding and non-binding scenarios on graphs, due before the next session.
Real Wage vs. Money Wage
Demand and Supply in the Labor Market
Wage Rate and Labor Market Equilibrium
Shifts in Labor Demand
Shifts in Labor Supply
Technology and Labor Skills
Price Floors in the Labor Market
Kajal taught 19 days ago
The session covered different types of monopolies, pricing strategies, and efficiency concepts. The student practiced identifying different price points on a graph and worked through multiple-choice questions related to profit maximization and efficiency. The session concluded with a recommendation to focus on learning key economic principles to improve problem-solving skills.
Productive vs. Allocative Efficiency
Calculating Economic Profit
Marginal Revenue and Price Relationship
Profit Maximization
Monopoly Graph and Price Points
Types of Monopolies
Kajal taught 24 days ago
The session covered the characteristics of monopolies, including natural vs legal monopolies, predatory pricing, and the role of government. The student practiced drawing graphs related to monopolies, including marginal revenue and cost curves, price discrimination curves, dead weight loss, and natural monopoly curves. The next session is scheduled for Sunday to continue with related topics.
Natural Monopoly: Pricing Strategies
Government Policy and Deadweight Loss
Price Discrimination
Monopoly Cost and Revenue Curves
Demand Curve in Monopoly
Barriers to Entry & Government Role
Legal vs. Natural Monopoly
Key Features of a Monopoly
Kajal taught about 2 months ago
The session focused on reviewing economic graphs, including the Production Possibility Curve, consumer and producer surplus, and cost curves. The Student practiced drawing and labeling these diagrams to illustrate key economic concepts like scarcity, opportunity cost, deadweight loss, and profit maximization. Future sessions were planned to cover additional topics and practice problems.
Production Possibility Curve (PPC)
Consumer and Producer Surplus
Price Ceilings and Deadweight Loss
Cost Curves: TFC
TVC
TC
AFC
AVC
Kajal taught about 2 months ago
The Student and Tutor reviewed cost concepts including short run vs. long run, marginal cost, average total cost, fixed cost, explicit costs, and implicit costs. The Student practiced applying these concepts through a series of questions and problem-solving exercises. The Student was assigned to review the PDFs that were shared for the next session and come prepared with any further questions.
Marginal Cost (MC)
Short Run vs. Long Run
Explicit vs. Implicit Costs
Relationship between MC and AC
Variable Costs
Fixed Costs
Average Total Cost (ATC)
How to approach AP Microeconomics topics
How to learn AP microeconomics?
AP microeconomics explores concepts like supply and demand, market structures, and government intervention.
Many students struggle with grasping abstract economic models, interpreting graphs, and applying theory to real-world scenarios. Concepts like game theory, tax incidence, and externalities can be confusing while memorizing formulas and understanding elasticity, opportunity cost, and marginal analysis add to the challenge. Additionally, timed free-response questions require strong analytical skills.
To overcome these difficulties, students can use Khan Academy and AP Classroom for video explanations, Quizlet for flashcards, study groups for discussions, and AP review books like Krugman’s Economics for AP.
Timed mock exams improve test-taking skills, and working with a private AP Microeconomics tutor can further enhance understanding by breaking down complex topics and offering personalized feedback.
With the right approach—mixing independent study, group learning, and tutoring—mastering AP microeconomics becomes much more manageable, leading to better confidence and higher scores.
Who should study from an AP microeconomics tutor?
Struggling with graphs and data interpretation
AP microeconomics heavily relies on graphs like supply-demand curves and cost structures. Many students find it difficult to interpret shifts and changes. Many students struggle to interpret shifts, equilibrium changes, and government interventions in markets.
An AP microeconomics tutor can provide step-by-step guidance on graph analysis, making it easier to understand market behaviors and improve problem-solving accuracy.
Difficulty applying economic concepts
Understanding theoretical concepts like elasticity or marginal utility can be tricky when applied to real-life situations. Students may struggle to connect these ideas to business pricing, consumer behavior, or policy decisions.
AP microeconomics tutors can clarify these topics with practical examples and case studies, helping students make connections between economic models and real-world markets.
Preparing for the AP exam efficiently
With multiple-choice and free-response sections requiring critical thinking, exam preparation can be overwhelming. A tutor can create a structured study plan, focusing on key topics, time management, and test-taking strategies to boost confidence and improve scores.
How to select the right AP microeconomics tutor?
Educational background and expertise
When choosing a tutor, look for someone with a degree in economics or a related field. Tutors with experience teaching AP microeconomics understand the exam format, essential topics, and effective teaching strategies, helping students build confidence and improve their analytical skills.
Student reviews and success rates
Checking reviews and testimonials from past students provides insight into a tutor’s teaching effectiveness. A tutor with a proven track record of helping students improve their AP exam scores demonstrates reliability. Look for success stories highlighting better understanding, increased confidence, and strong exam performance.
Affordability and value
AP Microeconomics tutoring rates typically range from $40 to $80 per hour, depending on experience. Wiingy offers affordable AP microeconomics tutoring at just $28 per session, with a free trial lesson, providing students with high-quality instruction at a budget-friendly price while ensuring personalized learning support.
Frequently asked questions
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