Microeconomics

David Burgin

David began his teaching career in 1990 and is currently teaching AP Microeconomics and AP Macroeconomics at Science Hill High School in Johnson City, TN.  He has been an AP Microeconomics Reader since 2005 where he has served as a Reader, Table Leader, and Question Leader.  From 2014-2018, he served on the AP Microeconomics Test Development Committee and was involved in the rearticulation of the Course and Exam Description for AP Microeconomics.  David has his Educational Doctorate from East Tennessee State University where he currently works with preservice Teachers as an Adjunct Professor.  He has served as a content reviewer for Khan Academy, wrote supplemental materials for the Krugman text, and presented at various conferences including the AP Annual Conference at the St Louis Fed and the AP Annual Conference in Anaheim.  David is married to his lovely wife, Martha and they have one daughter named Lindsay who is studying Early Childhood Development.

Course Description

This workshop will focus on the major principles taught in introductory college-level Microeconomics course, as well as the structure of an AP course and strategies for preparing students for the AP test. Introductory microeconomics introduces the fundamental economic concepts of scarcity, opportunity cost, trade (including foreign exchange markets), the role of markets and prices, the theory of the firm, market structures and market failure. 

Course Objectives:   Participants completing this course will be able to: 

  • Understand and use economic terminology to evaluate economic conditions, decisions, policy choices and implications of these choices
  • Explain, interpret and manipulate a variety of economic models, including the production possibilities frontier, supply and demand graphs, currency markets, labor markets, consumer equilibrium, graphs of firms in various market structures, graphs of markets with externalities, and  the circular flow model.  
  • Analyze and predict using game theory models to better understand oligopoly behavior.
  • Analyze consumer and firm decision-making applying economic theory
  • Design a syllabus appropriate for an AP Microeconomics course, including course objectives, general assignments/approaches and appropriate course materials

Agenda

Day 1
  • 8:00-8:30 Gather/Introductions
  • 8:30 – 9:30 Course design/AP Classroom
  • 9:30-10:30 Content Session – Basic Concepts
  • 10:30-11:30 Active Learning Strategy – Absolute & Comparative Advantage
  • 11:30-12:30  Lunch
  • 12:30-1:30 Active Learning Strategy – Utility Maximization – Card Game
  • 1:30-2:30 Content Session – Basic Concepts – FRQ Round Robin
  • 2:30-3:30 Teaching Strategies – Textbooks and Supplementals
  • 3:30-4:00 Daily wrap up
Day 2
  • 8:00-8:30 Gather/Agenda
  • 8:30 – 9:30 Course design/AP Classroom
  • 9:30-10:30 Content Session – Utility Maximization
  • 10:30-11:30 Active Learning Strategy – Market Equilibrium
  • 11:30-12:30  Lunch
  • 12:30-1:30 Active Learning Strategy – Chain Game
  • 1:30-2:30 Content Session – Cost Curves
  • 2:30-3:30 Teaching Strategies/Online Sims
  • 3:30-4:00 Daily wrap up
Day 3
  • 8:00-8:30 Gather/Agenda
  • 8:30 – 9:30 Course design/AP Classroom
  • 9:30-10:30 Content Session – Short Run and Long Run Perfect Competition
  • 10:30-11:30 Active Learning Strategy – Perfect Competition Relay
  • 11:30-12:30  Lunch
  • 12:30-1:30 Active Learning Strategy – 4 Monopoly Points
  • 1:30-2:30 Content Session – Game Theory
  • 2:30-3:30 Teaching Strategies/Multiple Choice
  • 3:30-4:00 Daily wrap up
Day 4 
  • 8:00-8:30 Gather/Agenda
  • 8:30 – 9:30 Course design/AP Classroom
  • 9:30-10:30 Content Session – Common Threads between Product Market and Factor Market
  • 10:30-11:30 Active Learning Strategy – Factor Market FRQ
  • 11:30-12:30  Lunch
  • 12:30-1:30 Active Learning Strategy – Externalities
  • 1:30-2:30 Content Session – Deadweight Loss and Government Intervention
  • 2:30-3:30 Teaching Strategies/Scoring FRQ’s
  • 3:30-4:00 Daily wrap up