No upcoming assignments.
If you did not take the official AP exam on 5/20 or take my alternate exam exam during the same time period, you will need to take a scored alternate exam on Friday, 5/29 from 1:00 pm to 2:00 pm to receive Aeries credit since you did not take the real exam or my alternate the same day. I will post the questions on Edlio at 1:00 pm on Friday, 5/29, and you must submit answers to the three FRQ questions (2 short, 1 long) as an email attachment to [email protected] by 2:00 pm on Friday, 5/29.
I received copies of student answers from last week's AP Microeconomics exams, but did not receive some. (This email message is only for students for whom CollegeBoard did not send answer files to me. If you are one of these students, I sent you an email on Tuesday, 5/26. Please check your email for a message and respond as follows)
Please read below and respond accordingly by Wednesday, 5/27. Again, this is only for students I sent an email message on Tuesday, 5/26.
Did you take the exam on 5/20 or take my exam during the same time period? If not, you will need to take a scored alternate exam on Friday, 5/29 from 1:00 pm to 2:00 pm to receive credit since you did not take the real exam or my alternate the same day.
Did you take the exam, but not apply for a make-up or get confirmation of the back-up email submission? If so, you will need to take a scored alternate exam on Friday, 5/29 from 1:00 pm to 2:00 pm to receive credit.
Did you take the exam, but have problems and apply for the make-up? If so, please email evidence of doing so to my attention at [email protected].
Did you take the exam and submit your answer via email since there were upload issues? If so, send me evidence of the confirmation email/message you received from the CollegeBoard indicating that you did so.
I am simply posting this again as May 22 is the due date for those who need to respond.
If you missed the video conference session on Tuesday (or if I somehow missed recording your presence in Aeries for credit), you can get the two point credit for answering the following and emailing your answers to me by 3:00 pm Friday, May 22, 2020. If Aeries already shows your two points, you do NOT need to email the answers to me.
1) Where can you find assignments and other important information in Mr. Lyberger's class, and thus should consider it "home base" to check often?
2) What is the formula for AFC?
3) What is the profit maximizing condition for hiring workers in the labor market? What is the profit maximizing condition for choosing the output level in a product market?
4)If, on the official AP exam, you are unable to upload your answer and get a message saying "We did not receive your response" when taking an exam this week, what is the backup submission process?
Here are instructions for joining Microsoft Teams for those of you who missed it before:
pyob8r0
If you missed the video conference session on Tuesday (or if I somehow missed recording your presence in Aeries for credit), you can get the two point credit for answering the following and emailing your answers to me by 3:00 pm Friday, May 22, 2020. (The information will be more valuable if you answer sooner rather than later since the exam is on Wednesday.) If Aeries already shows your two points, you do NOT need to email the answers to me.
1) Where can you find assignments and other important information in Mr. Lyberger's class, and thus should consider it "home base" to check often?
2) What is the formula for AFC?
3) What is the profit maximizing condition for hiring workers in the labor market? What is the profit maximizing condition for choosing the output level in a product market?
4)If, on the official AP exam, you are unable to upload your answer and get a message saying "We did not receive your response" when taking an exam this week, what is the backup submission process?
Submitting Exam Responses |
||||||||||||
We share the deep disappointment of students who were unable to submit responses. |
||||||||||||
|
A significant number people have submitted the "Pre Exam Practice FRQs 1 and I am seeing consistent errors. Avoid the quicksand with these hints!
1) In resource markets, marginal analysis involves MRP vs MRC (or MFC), NOT MR vs. MC. MR vs. MC is used in product market analysis. MRP vs. MRC is used to determine how much of a resource to employ while MR vs. MC is used to determine how much output of a good or service to produce.
2) A monopsony is the only employer of a resource, while a monopoly is the only producer of a good or service. They are NOT the same thing. In a monopsony graph for labor, there are no wages on the MFC curve. Wages are found on the Supply curve.
3) EXPLAIN!!! I am getting answers with results (e.g increase, decrease) without any explanation as to how and/or why the result happens. When you see that magic word "explain," you must do so!
Hope this helps. (Remember, the answers for Pre Exam Practice FRQs 1 will be due by 3 pm Friday, May 15. Again they be graded for completion only, and I will be clicking as if all answers are correct, but this is only so you will be able to see the scoring guidelines and check your own work against the correct answers in the scoring guidelines.)
A few people have submitted the "Pre Exam Practice FRQs 1 and I am seeing consistent errors. Avoid the quicksand with these hints!
1) In resource markets, marginal analysis involves MRP vs MRC (or MFC), NOT MR vs. MC. MR vs. MC is used in product market analysis. MRP vs. MRC is used to determine how much of a resource to employ while MR vs. MC is used to determine how much output of a good or service to produce.
2) A monopsony is the only employer of a resource, while a monopoly is the only producer of a good or service. They are NOT the same thing. In a monopsony graph for labor, there are no wages on the MFC curve. Wages are found on the Supply curve.
3) EXPLAIN!!! I am getting answers with results (e.g increase, decrease) without any explanation as to how and/or why the result happens. When you see that magic word "explain," you must do so!
Hope this helps. (Remember, the answers for Pre Exam Practice FRQs 1 will be due by 3 pm Friday, May 15. Again they be graded for completion only, and I will be clicking as if all answers are correct, but this is only so you will be able to see the scoring guidelines and check your own work against the correct answers in the scoring guidelines.)
|
|
FYI, lots of people missed twp points for not expressing answers in number 1 question as millions. Don't do all the hard work on the real AP exam and then throw away points by being sloppy and careless.
I am opening the visibility to your answers and the correct answers in the scoring guidelines, but the CollegeBoard has some errors this time, as follows:
The CollegeBoard answer key has some errors for AP Classroom Unit 2 Progress Report
#1 supporting graphs correction:
The graph below illustrates the area of consumer surplus before and after the tax is imposed. This should actually say the graph below illustrates the decrease in consumer surplus after the tax is imposed
#1 b)
There is no 1b, so I just entered it as zero which changes the real total available for #1 and #2 combined to 9 points, not 10
# 2 b)
States that Grainland will import wheat and explains that the domestic equilibrium price is lower than the world price, incentivizing domestic buyers to buy their wheat on the world market, OR Grainland does not have a comparative advantage in wheat production because the domestic equilibrium price of wheat is lower than the world price of wheat. This is incorrect. It should say: States that Grainland will import wheat and explains that the WORLD price is lower than the DOMESTIC EQUILIBRIUM price, incentivizing domestic buyers to buy their wheat on the world market, OR Grainland does not have a comparative advantage in wheat production because the WORLD price of wheat is lower than the DOMESTIC EQUILIBRIUM price of wheat.
As I emailed last Thursday, Unit 1 FRQ scores have been quite poor, generally speaking. Lots of sloppy work, especially not answering questions the way asked (for example explain is not the same as show work), bad labeling and wrong analyses. See the rubric answers vs. yours, and go back to your notes, the Powerpoint presentation on comparative advantage/terms of trade, and the Chapter 6 tables for maximizing total utility and rule for achieving that (MUa/Pa =MUb/Pb and budget expended). Also, remember I graded with Collegeboard AP FRQ rubrics and these were CollegeBoard AP questions...so if you didn't like either, that's where your real AP exam questions and rubrics will be coming from!
I have now unlocked the do-over FRQs called Unit 1 FRQ Do-over for those who wish to replace the original score with the do-over assignment (which will be due Monday at 3:00 p.m.). It is not required work, as you already have the score on the required assignment. If you don't do it, you will keep your original score. Note, if you take and submit the do-over, it is possible you could get a lower score, as I am not giving the better of the 2 scores. It takes hours to grade these, so I only want to grade FRQs for those who put in the effort to raise their scores..and not those who just to gamble knowing they can keep their old score. If you do worse, that score will replace your original score.
Again, this is optional, so I am not trying to overload your plate. I am just giving those of you who scored poorly an opportunity.
As I emailed Thursday, Unit 1 FRQ scores have been quite poor, generally speaking. Lots of sloppy work, especially not answering questions the way asked (for example explain is not the same as show work), bad labeling and wrong analyses. See the rubric answers vs. yours, and go back to your notes, the Powerpoint presentation on comparative advantage/terms of trade, and the Chapter 6 tables for maximizing total utility and rule for achieving that (MUa/Pa =MUb/Pb and budget expended). Also, remember I graded with Collegeboard AP FRQ rubrics and these were CollegeBoard AP questions...so if you didn't like either, that's where your real AP exam questions and rubrics will be coming from!
I have now unlocked the do-over FRQs called Unit 1 FRQ Do-over for those who wish to replace the original score with the do-over assignment (which will be due Monday at 3:00 p.m.). It is not required work, as you already have the score on the required assignment. If you don't do it, you will keep your original score. Note, if you take and submit the do-over, it is possible you could get a lower score, as I am not giving the better of the 2 scores. It takes hours to grade these, so I only want to grade FRQs for those who put in the effort to raise their scores..and not those who just to gamble knowing they can keep their old score. If you do worse, that score will replace your original score.
Again, this is optional, so I am not trying to overload your plate. I am just giving those of you who scored poorly an opportunity.
If you prefer another explanation of Comparative Advantage and Terms of Trade, check out this class lecture posted by the CollegeBoard. (It could be worth your time if you are still struggling with the topic.)
https://www.youtube.com/watch?v=Es7Lgekw7E0&feature=youtu.be
If you struggled with the international trade FRQs I assigned the other day, go to 36 minutes and 10 seconds of the following video. Starting at the beginning, this video also contains price floors, price ceilings, minimum wage, and who bears the burden of a tax. At the beginning of the video, he also provides advice about using scratch work with graphs on the AP Exam, even though you will not be turning-in graphs as part of your uploaded FRQ answers. He also provides other advice about taking the exam, in terms of getting there early, etc.
https://www.youtube.com/watch?v=zqgVHWmfRk4&feature=youtu.be
As I emailed earlier today, Unit 1 FRQ scores have been quite poor, generally speaking. Lots of sloppy work, especially not answering questions the way asked (for example explain is not the same as show work), bad labeling and wrong analyses. See the rubric answers vs. yours, and go back to your notes, the Powerpoint presentation on comparative advantage/terms of trade, and the Chapter 6 tables for maximizing total utility and rule for achieving that (MUa/Pa =MUb/Pb and budget expended). Also, remember I graded with Collegeboard AP FRQ rubrics and these were CollegeBoard AP questions...so if you didn't like either, that's where your real AP exam questions and rubrics will be coming from!
I have now unlocked the do-over FRQs called Unit 1 FRQ Do-over for those who wish to replace the original score with the do-over assignment (which will be due Monday at 3:00 p.m.). It is not required work, as you already have the score on the required assignment. If you don't do it, you will keep your original score. Note, if you take and submit the do-over, it is possible you could get a lower score, as I am not giving the better of the 2 scores. It takes hours to grade these, so I only want to grade FRQs for those who put in the effort to raise their scores..and not those who just to gamble knowing they can keep their old score. If you do worse, that score will replace your original score.
Again, this is optional, so I am not trying to overload your plate. I am just giving those of you who scored poorly an opportunity.
Unit 1: Basic Economic Concepts | 12%–15% |
Unit 2: Supply and Demand | 20%–25% |
Unit 3: Production, Cost, and the Perfect Competition Model | 22%–25% |
Unit 4: Imperfect Competition | 15%–22% |
Unit 5: Factor Markets | 10%–13% |
Unit 6: Market Failure and the Role of Government | 8%–13% |