AP Microeconomics: Unlock Your Dream University Pathway With Anannt Education

Success Starts Here

Don’t Miss Out! Chat with our advisior on WhatsApp (+971) 585709551 to learn more about AP Microeconomics.

Enroll Now For Free Demo Class

    EXCELLENT rating
    Based on 71 reviews
    I took the August 26th 2023 attempt of the SAT and got a score of 1540 - 750 in R&W and 790 in Maths. I am extremely thankful to Anannt Education for preparing me extremely well for the SAT. Nutan ma'am and Vishal sir were available 24/7 to answer any doubts I had and they really helped me strengthen my concepts. The large number of practice tests, sectional mocks, and full length mocks helped me practice everyday and prepare extremely well for the SAT. I would recommend anyone preparing for the SAT to consider Anannt Education!
    Satvik Gupta
    Satvik Gupta
    Anannt Education has thoroughly helped me achieve a good score on the SAT by providing me with tips and tricks to the questions asked.
    Shreyas Rajesh
    Shreyas Rajesh
    Excellent place to send your child for SAT preparations. The faculty ensures that every child is given equal attention and all doubts are addressed.
    Rohin Srikanth
    Rohin Srikanth
    Highly recommended. They really care to produce good results out of a student. My son took their classes and I could feel in many situations that Mr Labhesh really cared about my son's results. What more can we expect?
    Very good …. Helps in focused preparation..
    Shravan Kandala
    Shravan Kandala
    My daughter has got an AP preperation course at Anannt Education LLC, we were very happy for the tutor Ms.Nutan, she was perfectly supervised
    planlama harita
    planlama harita
    My experience with Anannt has been a pleasant one. Being an intern the company provided me the experience and opportunity. I was taught new things related to WordPress and websites. It was truly a pleasure working here.
    Jahnavi Angiras
    Jahnavi Angiras
    Amazing experience! I attended Anannt Education's internship on WEB APP development which was for 10 days. I learnt about editing blogs, boosting SEO, backlinks and alot more by gaining special access to their website and learning from professionals.
    Amishi Seth
    Amishi Seth
    All the teachers here were great and amazing. I had joined their internship program on 'WEB APP Development' and learnt a great lot of things from them. They provided us with post to edits and we were able to create dynamic websites. It was fun learning from them.
    Bindiya Bhandari
    Bindiya Bhandari

    Meet Our Faculty

    Meet Prerna Sharma, our esteemed Head of Verbal at Anannt Education and a seasoned trainer in GRE verbal, GMAT, AP, and SAT with an impressive 18+ years of experience. Prerna holds advanced degrees in English Literature, specializing in American Literature, which she seamlessly integrates into her diverse teaching portfolio, including AP Biology, Environmental Sciences, Psychology, and Microeconomics. Her teaching methodology is both innovative and engaging, blending her literary expertise with a deep understanding of each subject to foster critical thinking and a love for learning. Prerna’s approach not only elevates students’ academic performance but also prepares them for the interconnected world of knowledge. Join her classes for an enriching and transformative educationalΒ experience.

    Prerna Sharma

    HOD Verbal - AP Microeconomics

    Discover Anannt's Unique Services

    Course Structure πŸ“š
    • 40+ Hours of Learning πŸ•’: Interactive sessions, in-person & online.
    • Small Batches πŸ‘₯: Max 10 students for personalized focus.
    • Custom Plans 🎯: Diagnostic tests tailor your study journey.
    • Regular Assessments βœ”οΈ: Advanced testing portal for constant improvement.
    Study Material πŸ“–
    • Expert Tutors πŸ‘©β€πŸ«: Personalized guidance from seasoned pros.
    • Rich Resources πŸ“ˆ: Detailed notes, video tutorials, and topic-wise tests.
    • Mock Tests πŸ“: 5 full-length exams for a real test experience.
    • Online Portal πŸ’»: Quizzes and explanations for deeper learning.
    Anannt Advantage ✨
    • Dedicated Mentors 🌟: Celebrated for exceptional mentorship.
    • Holistic Approach πŸ”„: Blends guidance, support, and materials for success.
    • Proven Methods πŸ“Š: Achieve excellence with our tested teaching strategies.
    • Unlock Potential πŸ”“: Realize your ambitions and excel in AP Microeconomics.

    AP Microeconomics Syllabus

    πŸ“˜ Unit 1: Basic Economic Concepts (12%–15%)

    • 🌍 Scarcity: Understanding that resources are limited while wants are infinite.
    • πŸ”„ Resource Allocation and Economic Systems: Explore how different economies distribute resources β€” from market to mixed economies.
    • πŸ“Š Production Possibilities Curve: A graph showing the trade-offs between two goods an economy faces.
    • ↔️ Comparative Advantage & Gains from Trade: Discover why and how countries benefit from trade.
    • βœ”οΈ Cost-benefit Analysis: Making decisions by weighing the pros against the cons.
    • πŸ” Marginal Analysis and Consumer Choice: Understanding decision-making at the margin.

    πŸ“˜ Unit 2: Supply and Demand

    • πŸ”½ Demand: How the price affects consumer desire and capability to buy.
    • πŸ”Ό Supply: The relationship between price and how much producers are willing to sell.
    • 🌈 Elasticity: Measuring responsiveness to price changes.
    • βš–οΈ Market Equilibrium, Disequilibrium, and Changes: Understanding market balance and what causes shifts.
    • πŸ›οΈ Government Intervention in Markets: The impact of price controls, taxes, etc.
    • 🌎 International Trade and Public Policy: Exploring the benefits, costs, and government’s role in global trade.

    πŸ“˜ Unit 3: Production, Cost, and the Perfect Competition Model (22%–25%)

    • 🏭 Production Function: The input-output relationship in producing goods/services.
    • πŸ’Έ Short- and Long-Run Production Costs: Understanding various costs and their impacts over time.
    • πŸ’° Types of Profit: Differentiating between accounting and economic profit.
    • πŸ“ˆ Profit Maximization: Strategy for maximum profit in perfect competition.
    • 🏦 Perfect Competition: Characteristics of a perfectly competitive market and efficiency outcomes.

    πŸ“˜ Unit 4: Imperfect Competition (15%–22%)

    • πŸ‘‘ Monopoly: Features of a market controlled by a single seller.
    • πŸ’³ Price Discrimination: How and why prices vary for different consumers.
    • πŸ“¦ Monopolistic Competition: A market with many sellers offering unique products.
    • 🀝 Oligopoly and Game Theory: Strategic interactions in markets dominated by a few firms.

    πŸ“˜ Unit 5: Factor Markets (10%–13%)

    • πŸ›’ Introduction to Factor Markets: Understanding the markets for labor, land, and capital.
    • πŸ”„ Changes in Factor Demand and Supply: Factors influencing the demand and supply of production inputs.
    • πŸ“Š Profit-Maximizing Behavior in Perfectly Competitive Factor Markets: How firms decide on the optimal mix of inputs.
    • 🀼 Monopsonistic Markets: Dynamics of a market with a single buyer.

    πŸ“˜ Unit 6: Market Failure and the Role of Government (8%–13%)

    • 🚦 Socially Efficient and Inefficient Market Outcomes: What leads to market failures and how to achieve efficiency.
    • 🌱 Externalities: The impact of transactions on third parties not involved in the deal.
    • 🏞️ Public and Private Goods: Differentiating between goods and their market implications.
    • πŸ—οΈ Government Intervention: How governments can correct market failures.
    • πŸ“ˆ Income and Wealth Inequality: Understanding economic disparities and policy responses.
    πŸŽ“ AP Microeconomics Exam Structure πŸŽ“

    πŸ“š Section I: Multiple Choice

    • Duration: 1 hour and 10 minutes
    • Content: This section consists of 60 questions.
    • Weight: It accounts for 66% of the total exam score.

    Skills and Knowledge Tested:

    • Defining economic principles and models: Students will need to demonstrate their understanding of fundamental economic concepts.
    • Explaining given economic outcomes: This involves analyzing economic scenarios and explaining the outcomes based on microeconomic principles.
    • Determining the outcomes of specific economic situations: Students will be asked to predict the results of particular economic changes or policies.

    πŸ“ Section II: Free Response

    • Duration: 1 hour (includes a 10-minute reading period)
    • Content: This section is made up of 3 questions:
      • 1 long free-response question (50% of this section’s score)
      • 2 short free-response questions (each worth 25% of this section’s score)
    • Weight: This section accounts for 33% of the total exam score.

    Skills and Knowledge Tested:

    • Making assertions about economic concepts, principles, models, outcomes, and/or effects: Students will need to state and support their understanding or argument regarding specific economic scenarios.
    • Explaining economic concepts, principles, models, outcomes, and/or effects: This requires detailed explanations of microeconomic theories and their real-world applications.
    • Performing numerical analysis and calculations: Students will engage with quantitative data, performing relevant calculations to support their conclusions.
    • Creating graphs or visual representations (on paper and pencil exams): Demonstrating the ability to visually represent economic models or data trends.
    • Answering questions about given graphs and visuals (on digital exams): Understanding and interpreting provided economic graphs and visuals.