Advanced Microeconomics is a high school level course, adapted from college-level materials with a focus on using real-world examples economic decision-making and problem solving to demonstrate how economics affects the lives of real people (including our students!).
Microeconomics, a semester-long course, focuses on five foundational concepts that drive economics decision-making: incentives, trade-offs, opportunity cost, marginal thinking, and trade-created value. Webinars and exercises will emphasize working economic problems and coming to a decision in cases and examples that are relevant to them, like cell phones, social networking, computing devices or online book sellers (often relying on appropriate maths).
Major topics of Advanced Microeconomics:
- Five Principles of Economics
- The Role of Markets
- The Theory of the Firm
- Labor Markets and Earnings
- Consumer Choice
- Behavioral Economics and Risk Taking
- Much more!
This is a 16-week class for teens working at an advanced high school level. Weekly webinars are 50 minutes long. Recordings are available for students who must miss a session.
Link to Required Book:
- Principles of Microeconomics (Second Edition): Link to paperback edition (an e-book version is available).
This textbook is the latest revision of a text currently in use at respected universities across America. We have selected this particular edition for its inclusion of the new online study technology, InQuizitive. Please be very careful to acquire the 2017 one-volume edition ISBN 978-0-393-61408-4 with InQuizitive registration card so that your student will be able to fully participate in all aspects of the course (or equivalent e-book edition). We strongly recommend ordering directly from Norton to ensure you get the correct edition.