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New AP Economics Classes

Peninsula Academy is pleased to announce two AP classes: AP Microeconomics for this fall and AP Macroeconomics for this spring. The classes are designed for students who are interested in economics, finance, and business, and would like to challenge themselves by taking additional AP classes outside of school. The classes are also a great fit for students whose high school do not offer AP economics.

Students who complete all sessions will be prepared to take the AP Macroeconomics and AP Microeconomics exam in May 2021. Students will also have the opportunity to compete in one of the four prestigious economics competitions in spring and early fall of 2021, including National Economics Challenge, Harvard Pre-Collegiate Economics Challenge, Stanford Pre-Collegiate Economics Challenge, and the International Economics Olympiad.

Meet Our High Caliber Tutors 

Instructor: Trang

Instructor: Hao

Both classes will be taught by Trang, a veteran AP economics teacher in one of the best public high schools (rated 10 out of 10) in Southern California. Trang received her master's degree in education and teaching certificate from UCLA, and has been teaching various social studies subjects over ten years. She also serves as an AP Macroeconomics Exam Reader for College Board, who evaluates and scores AP free response requestions.

Trang will be assisted by Hao. After his undergraduate study in mathematics at Renmin University in China, Hao went on to earn two master's degrees in economics from Fudan University in China and the University of Chicago, respectively. There will also be several guest speakers, including economics professors from Cornell and Boston University and PhD students in economics from Harvard, MIT and Yale.

Students are welcome to enroll at any time. For missed classes, students will be able to catch up by watching class recordings and completing assignments. Private tutoring with the instructor is also available. 

Eligibility:

  • Currently enrolled in 9-12th grade

  • Must have completed Algebra 1

Class Schedule:

  • Fall, 15 Weeks: Every Saturday 4-6:30pm PST, 9/12 to 12/19

  • Spring, 15 Weeks: Every Saturday 4-6pm PST, 1/9 to 5/8

Class Location:

AP Exam Schedule:

  • AP Macroeconomics: 5/10

  • AP Microeconomics: 5/12

Weekly Topics:

AP Microeconomics

  • Week 1: Basic Economic Concepts: Economic Principles, Opportunity Cost, Consumer Choice, Factors of Production, Economic Systems

  • Week 2: Basic Economic Concepts: Production Possibilities Model, Economic Growth, Capital Goods and Consumer Goods, Absolute/Comparative Advantage, Terms of Trade

  • Week 3: Supply and Demand Model: Demand Curve, Demand Shifts, Supply Curve, Supply Shifts, Equilibrium Week

  • Week 4: Supply and Demand Model: Double Shifts, Elasticity, Determinants of Elasticity

  • Week 5: Supply and Demand Model: Price and Quantity Controls, Consumer/Producer Surplus, Deadweight Loss

  • Week 6: Supply and Demand Model: Tax Incidence, Quantity Control, Trade

  • Week 7: Short-run Production Costs: Marginal Product and Diminishing Returns, Cost Formulas and Curves, Accounting Costs vs. Economic Costs, Cost-Minimizing Input Combination

  • Week 8: Industry Organization: Perfect Competition, Monopoly, Monopolistic Competition, Oligopoly. Perfect Competition: Profit Maximization, Shutdown Rule, Short-run vs. Long-run Equilibrium, Elasticity, Cost Industries

  • Week 9: Long-run Production Costs: Long-run Average Total Cost, Economics of Scale, Cost Structures, Efficiency

  • Week 10: Monopoly: Sources of Market Power, Profit Maximization, Price Discrimination, Natural Monopoly, Antitrust Regulation

Class Recordings Available Here

Want to learn from our community of high caliber tutors and counselors? If you would like to speak with our office about enrollment in our AP economics courses, please contact us via any of the following:

Peninsula

Academy

Our Location

550 Deep Valley Dr., Ste 277

Rolling Hills Estates, CA 90274

office@penacad.com

Tel: 310.377.1297

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