Microeconomics Graphs 2024!! All the Microeconomics Graphs you need to know for Exam Day!

This video is a crash course in AP Microeconomics Graphs. It covers all of the most common AP Microeconomics Graphs from the College Board's Course Exam Description (CED). This video covers the production possibilities curve (PPC), supply and demand, price floors, price ceilings, excise taxes, international trade & tariffs, perfect competition, monopoly, monopolistic competition, perfectly competitive factor markets, monopsony, negative and positive externalities, and the Lorenz curve
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Note: AP©, Advanced Placement Program©, and College Board© are registered trademarks of the College Board, which was not involved in the production of, and does not endorse, this material.

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2 days left for my ap micro exam, and i wanted to say that this video really helped me alot! Thank you

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AP exam in an hour. forgot to study. watched this video 3 times

[@ReviewEcon]

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[@ReviewEcon]

Congratulations on that amazing score! Way to go! I'm glad to have been a part of your success. Thanks for watching!

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i watched all your review videos! they were so so so helpful!!! you explained everything so clearly and in detail. i hope I will get a 5 on tomorrows micro exam! thank you again!!!

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You got this! Good luck tomorrow!

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You're very welcome! Good luck on your exams!

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You're very welcome! Good luck with your exams!

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You're very welcome! Good luck with your studies!

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Very useful! I'm going to take the microeconomics exam this year.

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Good luck on that exam!!

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@@kingklaus2115 I have finished the exam

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Micro Exam is tomorrow!! This video helped a ton!!

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Awesome! Good luck tomorrow!

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I'm really enjoying the videos

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Awesome!🤘😎

[@sugarboi1425]

so with this video i should be able to ace any grapgh THANK YOU!

[@ReviewEcon]

🤞Practice drawing and manipulating them too! Good luck on your exams!

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@@ReviewEcon Thank YOU! i have about 4 days to learn all of the ap micro material.... haha

[@ReviewEcon]

Good luck!

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Good luck!

[@MB26535]

Thank you very much! What would happen if there was a externality in a monopsony and supply was greater than marginal resource cost? How would the government respond?

[@ReviewEcon]

MRC can't be below supply for a monopsony because they (in AP micro) pay all workers the same wage, so MRC and supply are connected. Also, there could be an externality, but in AP we stick to product markets for those. BUT... There have been graphs with externalities on a monopoly graph. Then, a subsidy, tax, or no action could increase efficiency (depending on how the curves are laid out). I hope that helps!

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Your video quality is even better than Jacob Clifford’s but his speed and clarity are unmatchable.

[@ReviewEcon]

Thanks for watching! Good luck on your exam!

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Great

[@ReviewEcon]

Thank you! Good luck on your exams!

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Legend

[@ReviewEcon]

Thank you!

[@prettyviviane]

It actually seems lime tc and vc are approaching each other rather than them being separated by the amount of the fc. Why is that?

[@ReviewEcon]

That's due to the optional illusion caused by the changing slopes. Those VC and TC curves are identical (I literally copied the VC and changed the color when making the TC) except that I shifted the TC upward by the distance of the FC. TC and VC are close horizontally when they have a steep slope, but they have a constant vertical distance apart. I hope that helps!

[@prettyviviane]

Wow omg thanks for the fast reply! The explanation was perfect too. You are really a hero. Thank you!

[@ReviewEcon]

You're very welcome! Good luck on your exams!

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do not let there be a law of diminishing returns with these videos! ty so much, love your pacing much better than Jacob Clifford (both you guys are great educators) I mainly used your materials to self study. Future me will come back to report score

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I definitively bombed the ap macro yesterday😢

[@ReviewEcon]

Let that go and focus on micro. Good luck today!

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I have my exam in 35 min! Lmao

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Good luck!

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POV: when your exam is today

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30 minutes until test 😂

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Good luck!

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Part of me regrets taking AP Microeconomics 😢😢

[@ReviewEcon]

Not an easy class for sure! Good luck on your exams!!

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I’m cooked

[@ReviewEcon]

Right!? 😅 But with all your hard work, you'll be the one cookin' the College Board on Tuesday! You got this! 🤘😎