AP* Seminars Silicon Valley Online
July 26-30, 2021
The Summer Institute is designed to present an overview of both the Microeconomics and Macroeconomics Courses. The week will begin with general information about the College Board*, its website, resources and expectations for the course itself. The course will begin by looking at the basic concepts covered in both the Microeconomics and Macroeconomics course. Microeconomics will be covered first, focusing on individual markets and how consumers and producers interact with supply and demand in both the product and factor markets. The theory of the firm will discuss both perfect and imperfect competition. A transition will be made to Macroeconomics as teachers look at the principles of the economic system as a whole. Special focus will be on national income and price determination and how economic problems are solved via Fiscal and Monetary Policies. Teachers will be able to participate in interactive lessons that enhance student learning of both Microeconomics and Macroeconomics concepts. Teachers will also be engaged in the process of grading Free Response Questions and be able to apply the College Board* Rubrics to exams that have been released by the College Board*.
Distance learning will be delivered both synchronously and asynchronously. Participants will also have the opportunity to receive individual feedback during virtual office hours. Mornings will be focused on course content and using the CED study guides for course pacing. Afternoons will involve individual work as participants develop lesson plans and complete “student type” worksheets.
Technology: Instruction will be delivered through Zoom. Materials will be shared through Dropbox and access to a printer would be helpful since participants will have a “hands on” experience in completing worksheets that can be used in their classroom.
What to bring: Participants should have the texts they will utilize in their AP Economics classroom. Participants will be able to develop a calendar and lesson plans for the coming year. Course descriptions will be provided in hard copy format, but in order to access the CED's online, prior approval from the district AP coordinator and college board approval will be helpful.
• To investigate the Course and Exam Description (CED) of the AP Microeconomics and AP Macroeconomics courses
• To align the Economics CEDs with classroom practices
•To develop lesson plans that can be used in the classroom
• To network with colleagues and learn from each other.
•To gain access to course resources
• Introduction to CED materials
• Equity and Access
• Create calendar
• Develop Lesson Plans Unit 1 Macro and Unit 1Micro
Day 2: Questions from Day 1 and sharing lesson plans
• Micro: Marginal Utility, Unit 2 Supply and Demand, Unit 3 Theory of the firm, Perfect Competition
• Supply and Demand Video ( Market in Computer Chips)
• Writing FRQs and grading
• Homework worksheet on shifts of supply and demand, Theory of the firm
• Develop Unit Lesson Plans on Microeconomics Unit 2 and 3
Day 3: Questions from Day 2, looking at the homework worksheets and sharing lesson plans
• Microeconomics:Theory of the Firm (cont) Unit 4
• Monopoly models
• Factor Market Unit 5
• Market Failures Unit 6
• Develop Unit Lesson Plans Unit 4, 5 and 6 and complete student activity worksheets
Day 4: Questions from Day 3, looking at the homework worksheets and sharing lesson plans
• Macroeconomics: Economic Indicators Unit 2
• Aggregate Supply and Demand Unit 3
• Loanable Funds Market Unit 4
•Federal Reserve and Money Market Unit 4
•Develop Unit Lesson Plans Unit 2, 3 and 4 and complete student activity worksheets
Day 5: Questions from Day 4 looking at the homework sheets and sharing lesson plans
• Stabilization Policies Unit 5
• International Markets Unit 6
• Review Comparative Advantage
• Video: Interactive Exchange Rate
• Look back at 2019 Exam FRQs