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College Board

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AP Economics

For new and experienced AP teachers, this workshop includes College Board resources, released exams and student samples

Learning outcomes

After attending this workshop, participants will be able to:

  • Align their instruction with the goals of the AP Economics course
  • Identify the skills and knowledge that the exam will assess, and identify the tasks and materials for which students might need more preparation
  • Draft a syllabus that meets the curricular requirements for the course
  • Make equitable access a guiding principle in designing instruction

Workshop materials

At every AP Economics workshop held by the College Board, each participant receives a copy of the Workshop Handbook, which contains:

  • AP Economics Course Description
  • AP Course Audit information
  • Sample syllabus for AP Macroeconomics and Microeconomics and a Syllabus Development Guide
  • AP Macroeconomics and Microeconomics free-response materials (student samples, scoring guidelines and commentary)
  • Multiple-choice questions and answers from the AP Macroeconomics and Microeconomics 2010 Released Exams

Curriculum Module: Market Failure and Deadweight Loss

A fundamental concept in microeconomics is the maximization of consumer and producer surplus through efficient free markets. The purpose of this AP curriculum module is to examine market failure and deadweight loss, key areas in which efficiency eludes the free market. Although students taking the AP Microeconomics Exam are expected to answer questions on these subjects, as described in the AP Economics: Microeconomics/Macroeconomics Course Description, many students have trouble understanding the material. Some of the course textbooks do not explain these subjects adequately. Therefore, students must depend on their teachers' initiative and expertise in supplementing the textbook with appropriate resources. This curriculum module offers teachers a ready resource for the information and skills necessary in helping students understand market failure and deadweight loss.

  • Lesson 1: Market Structure and Deadweight Loss
  • Lesson 2: Externalities and Public Goods: Market Failures and Deadweight Loss
  • Summative Assessment

Note:Curriculum module materials reflect important topics in AP courses, and the materials are meant to provide teachers with resources and classroom ideas. However, curriculum module materials should not be taken as an indication that a particular topic will appear on the AP Exam.

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