AP Micro

Unit 6 Factor Market Schedule

Date

Topic

TH 12/1

Unit 5 FRQ Retake Day

F 12/2

Review Circular Flow

Introduce Factor Markets
Derived Demand for Labor

M 12/5

Unit 5 MC Exam Retake

2016

Readings

Suggested Practice

Assignment

Mc12 pgs.253-257

Mc12 p.268 Q.2,4,5

SG12 p.167 #2-4

Morton 43

Econ by Ex.
Readings Ch.7 &
Ch.14 Annotated
Readings

Economics by Example Readings

Ch.7 & Ch.14 - Annotated Reading
T 12/6
(Richards)

Marginal Revenue Product

MRP = MRC Rule

Mc12 pgs.253-257

Mc12 p.268 Q.6,7

SG12 p.168 #5-11

Problem Sets
6.1, 6.2 & 6.3

W 12/7
(Richards)

Determinants of Demand for labor

Elasticity of Resource Demand

Mc12 pgs.258-262

SG12 p.168-169
#12-18

Morton 44 & 45

TH 12/8

Practice Day- Problem Set 6.2, 6.3, 6.4

F 12/9
(Richards)

Labor Market - Perfect Competition

Mc13 ps.g 271-275

Mc13 p.289 Q.3,4

SG13 p.178 #3-5

Morton 47

M 12/12

Labor Market - Perfect Competition

Minimum Wage & Wage Differentiation

Mc13 pgs.280-285

T 12/13
(Richards)

Labor Market - Monopsony

Mc13 pgs.275-277

W 12/14

Labor Market FRQ Practice Perfect Competition & Monopsony

TH 12/15

Unions

Mc13 pgs.277-279 &

Appendix pgs.290294

F 12/16

Price of Capital & Economic Rent

Mc14 pgs.297-299

M 12/19

Review - Morton 51

T 12/20
(Richards)

Go over Review

W 12/21

Unit 6 Exam

TH 12/22

Film: Is Wal-Mart Good for America?

F 12/23

Film: Is Wal-Mart Good for America?

12/24 1/8

WINTER BREAK!

Morton 48 &
Problem Set 6.6
Mc13 p.289 Q.6,7
SG13 p.178-180 #610, 15-19

Morton 46

Morton 49

Mc 14 p.311 Q.3,4,5
SG14 p.196 #2-7

Happy Holidays &

Happy New Year!

Morton 50