647-568-0258
AP Microeconomics
$999.00
All course prices are in CAD – Canadian Dollars
Course Description For AP Microeconomics
Have you ever wondered why prices fluctuate for online retailers depending on the time and day? Or why people say, “time is money”? In AP Microeconomics, you’ll explore the answers to these questions as you learn the principles of economics that govern the actions of individuals and businesses. You’ll also explore concepts such as supply and demand, elasticity, and market structures to gain a deeper understanding of how economic decisions shape our world.
AP Microeconomics at CanSTEM Education Private School helps students build college-level economics skills for university-level learning. This course focuses on supply and demand, consumer choice, producer behavior, market structures, marginal analysis, market failure, public policy, and AP exam preparation.
Students learn how individuals, businesses, and markets make economic decisions. They also practise using graphs, data, calculations, and economic reasoning to explain real-world market outcomes. With teacher support, guided practice, and AP exam preparation, students can strengthen their confidence in economics, business thinking, and analytical problem-solving.
Skills You'll Learn
Course Content
| Unit | Title | Expectations Summary | Focus |
|---|---|---|---|
| 1 | Basic Economic Concepts | Students study scarcity, opportunity cost, economic systems, production possibilities, comparative advantage, trade, cost-benefit analysis, marginal analysis, and consumer choice. | Economic Foundations |
| 2 | Supply and Demand | Students learn how competitive markets work through demand, supply, equilibrium, elasticity, consumer and producer surplus, market disequilibrium, taxes, subsidies, price controls, and trade policy. | Markets |
| 3 | Production, Cost, and Perfect Competition | Students analyze firm behavior through production functions, short-run and long-run costs, profit types, profit maximization, firm entry and exit, and the perfect competition model. | Firm Behavior |
| 4 | Imperfect Competition | Students examine imperfectly competitive markets, including monopoly, price discrimination, monopolistic competition, oligopoly, game theory, market power, revenue data, and strategic behavior. | Market Structures |
| 5 | Factor Markets | Students apply marginal analysis to resource markets. They study factor demand and supply, marginal revenue product, marginal resource cost, profit-maximizing input use, and monopsony. | Resource Markets |
| 6 | Market Failure and the Role of Government | Students study market failure, social efficiency, externalities, public goods, private goods, government intervention, taxes, subsidies, corrective policies, and income inequality. | Public Policy |
| Assessment | Assessment Structure | Homework, reading assignments, module quizzes, topic questions, AP Classroom Personal Progress Checks, unit tests, and a final AP-style exam. | Evaluation |
Frequently Asked Questions
Students build skills in economic reasoning, supply-and-demand analysis, graph interpretation, marginal analysis, elasticity calculations, market structure comparison, and public policy evaluation. In addition, they practise AP-style multiple-choice and free-response questions.
There is no formal prerequisite for AP Microeconomics. However, students should be comfortable with reading, basic math, interpreting graphs, and explaining ideas clearly in writing.
The course usually follows a structured academic schedule with regular lessons, assignments, graphing practice, calculations, unit assessments, and AP exam preparation. Completion time may depend on the student’s selected delivery option, schedule, and pace.
Address
Contact us
647-568-0258: Customer Service
647-847-1231: Student Support
647-335-1660: Teacher Helpline
647-709-0258: Admin/Guidance
905-454-6744: Front Office
© 2026 CanSTEM Education Inc. All Rights Reserved.
Privacy Policy
Terms & Conditions
Accessibility
Sitemap