Progress AP Microeconomics Complete & Continue Next Lesson Learn More Unit 1: Basic Economic Concepts 5 Lessons 1.1 Resource Allocation 1.2 Production Possibilities Curve and Advantages 1.3 Cost-Benefit Analysis 1.4 Marginal Analysis Unit 1 Summary Unit 2: Supply and Demand 6 Lessons 2.1 Supply and Demand 2.2 Elasticities 2.3 Market Equilibriums and Surpluses 2.4 Government Intervention 2.5 International Trade and Public Policy Unit 2 Summary Unit 3: Production, Cost, and the Perfect Competition Model 6 Lessons 3.1 The Production Function 3.2 Production Costs 3.3 Profit 3.4 Firms’ Decisions 3.5 Perfect Competition Unit 3 Summary Unit 4: Imperfect Competition 5 Lessons 4.1 Imperfect Competitive Markets 4.2 Monopolies 4.3 Monopolistic Competition 4.4 Oligopoly Unit 4 Summary Unit 5: Factor Markets 4 Lessons 5.1 Factor Markets 5.2 Profit Maximizing Behavior and Changes in Factor Demand and Supply 5.3 Factor Market Structures Unit 5 Summary Unit 6: Market Failure and the Role of the Government 1 Lesson Unit 6 Summary AP Microeconomics Complete & Continue Next Lesson Learn More Unit 5: Factor Markets 5.2 Profit Maximizing Behavior and Changes in Factor Demand and Supply
IN THIS LESSON Learn how changes in productivity and market conditions shift labor demand and supply, affecting wages and employment. Download PDF Additional Resources
