AP Microeconomics: Cost-Benefit Analysis (Grades 9-12) – February 26 – 5-6 PM (ET) (Virtual)

$0.00$1,095.00

IMPORTANT NOTE: This workshop is hosted by the Council for Economics Education. Please register via this page  and the Economics Center will send you additional instructions for joining/registering for the Zoom meeting through CEE.

Subjects

AP/IB Economics,Economics

Presenter: Amanda Stiglbauer

Description

When we make decisions, we attempt to maximize our total satisfaction; however, some decisions cannot be made based on total benefit versus total cost. Marginal analysis is the crux of the economic way of thinking in microeconomics, and is used to make incremental decisions. This webinar will explore how to calculate marginal figures and make economic decisions based on marginal analysis.

Objective:

In this webinar teachers will be able to:

  • Explain that some decisions re made based on total benefits and costs, while most economic decision making focuses on comparing marginal benefit and marginal cost.
  • Distinguish between marginal and totals.
  • Explain that the economic way of thinking results in effective decisions being made.

Concepts

Attendees will receive a 1 hour of contact credit CEU certificate for one contact hour for participating in the workshop.

SKU: To Purchase University Credits-1-1-2-1-1-1-2-1-1-1-1-1-2-1-1-1-1-1-1-1-1-1-1-1-3-1-2-1-1-1-1-1-1-1-2-1 Category:

Additional information

Price Per Credit

No Credit, One Credit, Two Credits, Three Credits