00:17 Overview of upcoming review session plan 02:17 Overview of key concepts in AP Microeconomics 05:39 Understanding definitions and concepts in microeconomics. 07:38 Understanding and following the rules is key in AP Microeconomics. 11:25 Identifying and correcting errors in a microeconomic graph 13:38 Understanding profit maximization in relation to marginal revenue and cost 17:50 Understanding profit maximization when hiring workers in a competitive market 19:40 Focus on essential graphs first before additional graphs for AP Micro exam 23:09 Price of a product does not shift the curve; only inputs or resources can shift the curve. 25:03 Understanding profit maximization and cost analysis for a Monopoly graph. 28:35 Identifying the correct graph for a firm earning profit in the short run. 30:15 Key equations and concepts to review for AP Micro exam 33:41 Understand and apply game theory concepts and profit maximization in hiring 35:14 Focus on cleaning big pieces first for efficiency 38:41 Understanding sunk cost and decision making 40:23 Understanding the concept of marginal utility and how to calculate it. 44:13 Understand ceilings, floors, taxes, and trade surplus in microeconomics. 46:02 Consumer surplus benefits from trading with other countries. 49:56 Understanding who pays a tax is crucial 51:41 Lump sum tax doesn't affect marginal cost. 55:39 Understanding economies of scale and monopolies are crucial concepts in this unit. 57:18 Maximizing profit at MR equals MC 1:01:00 Perfect competition is unique among market structures 1:03:02 Key concepts of monopolistic competition and price discrimination 1:06:50 Understanding monopolistic competition in the long run 1:08:31 Avoid drawing the ATC below the demand curve 1:12:08 Hiring workers based on MRP equals MRC and the least cost rule. 1:14:10 Understanding the least cost rule and graphs for hiring workers in a competitive firm. 1:17:49 Monopolies pay lower wages due to lack of competition 1:19:33 Understanding marginal factor cost in a monopsony 1:23:10 Appreciate and apply economic concepts beyond the AP test. 1:25:00 Review packet available for practice
That live stream comment section is killing me. Comment something normal ya'll. Please don't comment a bunch of bs or stupid stuff for the macro review video. W to you Mr.Clifford for handling that well
00:17 Overview of upcoming review session plan 02:17 Overview of key concepts in AP Microeconomics 05:39 Understanding definitions and concepts in microeconomics. 07:38 Understanding and following the rules is key in AP Microeconomics. 11:25 Identifying and correcting errors in a microeconomic graph 13:38 Understanding profit maximization in relation to marginal revenue and cost 17:50 Understanding profit maximization when hiring workers in a competitive market 19:40 Focus on essential graphs first before additional graphs for AP Micro exam 23:09 Price of a product does not shift the curve; only inputs or resources can shift the curve. 25:03 Understanding profit maximization and cost analysis for a Monopoly graph. 28:35 Identifying the correct graph for a firm earning profit in the short run. 30:15 Key equations and concepts to review for AP Micro exam 33:41 Understand and apply game theory concepts and profit maximization in hiring 35:14 Focus on cleaning big pieces first for efficiency 38:41 Understanding sunk cost and decision making 40:23 Understanding the concept of marginal utility and how to calculate it. 44:13 Understand ceilings, floors, taxes, and trade surplus in microeconomics. 46:02 Consumer surplus benefits from trading with other countries. 49:56 Understanding who pays a tax is crucial 51:41 Lump sum tax doesn't affect marginal cost. 55:39 Understanding economies of scale and monopolies are crucial concepts in this unit. 57:18 Maximizing profit at MR equals MC 1:01:00 Perfect competition is unique among market structures 1:03:02 Key concepts of monopolistic competition and price discrimination 1:06:50 Understanding monopolistic competition in the long run 1:08:31 Avoid drawing the ATC below the demand curve 1:12:08 Hiring workers based on MRP equals MRC and the least cost rule. 1:14:10 Understanding the least cost rule and graphs for hiring workers in a competitive firm. 1:17:49 Monopolies pay lower wages due to lack of competition 1:19:33 Understanding marginal factor cost in a monopsony 1:23:10 Appreciate and apply economic concepts beyond the AP test. 1:25:00 Review packet available for practice
we all getting 5s with this one 🗣🗣🗣
00:17 Overview of upcoming review session plan
02:17 Overview of key concepts in AP Microeconomics
05:39 Understanding definitions and concepts in microeconomics.
07:38 Understanding and following the rules is key in AP Microeconomics.
11:25 Identifying and correcting errors in a microeconomic graph
13:38 Understanding profit maximization in relation to marginal revenue and cost
17:50 Understanding profit maximization when hiring workers in a competitive market
19:40 Focus on essential graphs first before additional graphs for AP Micro exam
23:09 Price of a product does not shift the curve; only inputs or resources can shift the curve.
25:03 Understanding profit maximization and cost analysis for a Monopoly graph.
28:35 Identifying the correct graph for a firm earning profit in the short run.
30:15 Key equations and concepts to review for AP Micro exam
33:41 Understand and apply game theory concepts and profit maximization in hiring
35:14 Focus on cleaning big pieces first for efficiency
38:41 Understanding sunk cost and decision making
40:23 Understanding the concept of marginal utility and how to calculate it.
44:13 Understand ceilings, floors, taxes, and trade surplus in microeconomics.
46:02 Consumer surplus benefits from trading with other countries.
49:56 Understanding who pays a tax is crucial
51:41 Lump sum tax doesn't affect marginal cost.
55:39 Understanding economies of scale and monopolies are crucial concepts in this unit.
57:18 Maximizing profit at MR equals MC
1:01:00 Perfect competition is unique among market structures
1:03:02 Key concepts of monopolistic competition and price discrimination
1:06:50 Understanding monopolistic competition in the long run
1:08:31 Avoid drawing the ATC below the demand curve
1:12:08 Hiring workers based on MRP equals MRC and the least cost rule.
1:14:10 Understanding the least cost rule and graphs for hiring workers in a competitive firm.
1:17:49 Monopolies pay lower wages due to lack of competition
1:19:33 Understanding marginal factor cost in a monopsony
1:23:10 Appreciate and apply economic concepts beyond the AP test.
1:25:00 Review packet available for practice
Where does he talk about the rules? Like the definition of em
He keeps talking bout rules but damn I don’t remember anything
We're all getting 5's with this one
good luck everyone!
WE GOT THIS YALL!! WISHING EVERYONE THE BEST OF LUCK!!
if you’re watching this you’re cooked
im watching less than an hr before the test im so cooked
Same 💀
@@miss73percentit’s 7:40.. it starts around 8.. I’m soo screwed 😅
GOOD LUCK YALL!!!!!!!!!!
I was waiting for it THANK YOU !!!!
We got this!
chat im so cooked
That live stream comment section is killing me. Comment something normal ya'll. Please don't comment a bunch of bs or stupid stuff for the macro review video. W to you Mr.Clifford for handling that well
First comment! We'll succeed!
Comment: "cooked" if bamboozled and flabbergasted.
this is our time！！we can do it！
Let’s get it yall
Just took the exam!
RLLY HOW WAS IT
how was it?
@@janelee1532 Surprisingly easy
what were the frq
@@nikhilbohra608 how was the MCQ and what was the FRQ
My AP microeconomics is due on may 24 can u make one like this on May 23rd?
Let’s gooo
Morrow could never
GL everyone
we making it out of the red book with this one 🗣🗣🗣
Were gonna eat that exam up
24:17
It’s live an hour before my external starts😅 well I hope I did well for this one
My exam's are on the 27th may
Just finished my exam. It was honestly not too bad.
can you tell what where the frq
@@orrrroomarinorothey’re different
@@evanhans1426 they are??
how was ur MCQ
@@oluwakanyinsolamiakinteye8163Wasn’t so bad, maybe a high three or low four at best.
im cooked
real
gl everyone
The time has come 🫡
I couldn’t sleep I’m so cooked 😂
I'm cooked, I only started studying for this 3 weeks ago.
It’s 12 minutes before the test am I cooked?
Brother you are burnt
CHAT!!! U THINK IM COOKED?!?
so cooked
GLHF
5555555555555555555
lfg
Your cooked
00:17 Overview of upcoming review session plan
02:17 Overview of key concepts in AP Microeconomics
05:39 Understanding definitions and concepts in microeconomics.
07:38 Understanding and following the rules is key in AP Microeconomics.
11:25 Identifying and correcting errors in a microeconomic graph
13:38 Understanding profit maximization in relation to marginal revenue and cost
17:50 Understanding profit maximization when hiring workers in a competitive market
19:40 Focus on essential graphs first before additional graphs for AP Micro exam
23:09 Price of a product does not shift the curve; only inputs or resources can shift the curve.
25:03 Understanding profit maximization and cost analysis for a Monopoly graph.
28:35 Identifying the correct graph for a firm earning profit in the short run.
30:15 Key equations and concepts to review for AP Micro exam
33:41 Understand and apply game theory concepts and profit maximization in hiring
35:14 Focus on cleaning big pieces first for efficiency
38:41 Understanding sunk cost and decision making
40:23 Understanding the concept of marginal utility and how to calculate it.
44:13 Understand ceilings, floors, taxes, and trade surplus in microeconomics.
46:02 Consumer surplus benefits from trading with other countries.
49:56 Understanding who pays a tax is crucial
51:41 Lump sum tax doesn't affect marginal cost.
55:39 Understanding economies of scale and monopolies are crucial concepts in this unit.
57:18 Maximizing profit at MR equals MC
1:01:00 Perfect competition is unique among market structures
1:03:02 Key concepts of monopolistic competition and price discrimination
1:06:50 Understanding monopolistic competition in the long run
1:08:31 Avoid drawing the ATC below the demand curve
1:12:08 Hiring workers based on MRP equals MRC and the least cost rule.
1:14:10 Understanding the least cost rule and graphs for hiring workers in a competitive firm.
1:17:49 Monopolies pay lower wages due to lack of competition
1:19:33 Understanding marginal factor cost in a monopsony
1:23:10 Appreciate and apply economic concepts beyond the AP test.
1:25:00 Review packet available for practice