College application academic evidence · reasoning and revision · Seoul and online
Exam prepAimed at an AP, IB, or IGCSE exam score.
AP Microeconomics
Grades 9-12: supply and demand, firm costs and market...
- Free consultation and level check
- Apgujeong classroom or online
- One-to-one or small group
- Registered academy no. 11882
Is AP Microeconomics a good fit for high school students in Grades 9-12?
AP Microeconomics is a good fit for students in grades 9-12 who are interested in supply and demand and firm costs and market structures. CIT offers online or in-person lessons in Apgujeong, Gangnam, Seoul, in one-to-one or small-group formats. Students make hand-drawn market graphs with scored answers and a log of corrected reasoning.
Choices made by individuals and firms with limited resources run through AP Microeconomics, starting with opportunity cost and marginal analysis. Students then work through supply, demand, and elasticity, production costs and perfect competition, monopoly and oligopoly, factor markets such as labor, and market failures from externalities and public goods, in the order of the official units. Where to begin depends on how far the school class has gotten and how much time remains; practice problems and free-response answers then bring out faulty reasoning to fix. Alongside the score, the student builds the academic evidence an application can use: how they applied a core idea, why an answer failed, and how they revised it.
This public guide describes the intended direction. A dedicated learning studio is not available yet.
My child loved that the teacher explained things really well and made the lesson enjoyable. We are very glad too.
- Age group
- Grades 9-12
- Academic subject
- Economics & BusinessBrowse subject
- Course type
- Exam preparation
- Format
- Online or Apgujeong in person · one-to-one or small group
- Teaching language
- Korean by default, with complete English materials
- Curriculum status
- Planned courseThis subject is available for consultation, but a teachable lesson sequence is not yet published.
How can I explain this course to my child?
If you want to understand the important ideas behind supply and demand instead of memorizing answers, AP Microeconomics connects firm costs and market structures to exam-ready reasoning and a record of how you fixed mistakes.
Which interests suggest this course?
- supply and demand
- firm costs and market structures
- externalities and public goods
What does the student finish?Hand-drawn market graphs with scored answers and a log of corrected reasoning.
Is this a good fit?
A strong fit for students considering economics, business, finance, entrepreneurship, policy, or product management.
Current study of, or planned preparation for, AP Microeconomics.
A short diagnostic review sets the starting point.
Progress depends on regular practice and acting on feedback.
What will my child learn?
- Explain consumer and producer choices with opportunity cost and marginal analysis.
- Calculate elasticity and consumer and producer surplus, and graph the effects of taxes and price controls.
- Use cost curves to find the profit-maximizing output for firms in perfect competition, monopoly, and oligopoly.
- Distinguish externalities from public goods and evaluate government action to correct market failure.
Which units does the official course cover?
- 1Basic Economic Concepts
Scarcity, resource allocation and economic systems, production possibilities, comparative advantage, and cost-benefit and marginal analysis.
- 2Supply and Demand
Demand, supply, price elasticities, consumer and producer surplus, and the effects of taxes, price controls, and trade policy.
- 3Production, Cost, and the Perfect Competition Model
Production functions, short-run and long-run costs, types of profit, profit maximization, and market entry and exit.
- 4Imperfect Competition
Monopoly, price discrimination, monopolistic competition, and oligopoly and game theory, compared by price and output.
- 5Factor Markets
Demand and supply for labor and other inputs, profit-maximizing hiring decisions, and monopsony.
- 6Market Failure and the Role of Government
Externalities, public and private goods, government intervention across market structures, and income inequality.
What counts as useful evidence?
Hand-drawn market graphs with scored answers and a log of corrected reasoning.
What should an admissions reader be able to see?
Alongside the score, the student builds the academic evidence an application can use: how they applied a core idea, why an answer failed, and how they revised it.
Useful evidence may include a market analysis, policy model, data product, decision memo, or tested business idea. Claims should stay tied to the evidence.
The evidence an application reads is what the student understood, completed, and can explain.
Which sources were reviewed?
Catalog reviewed: 2026-09-30
Questions parents search before choosing this course
Is AP Microeconomics a good fit for high school students in Grades 9-12?
AP Microeconomics is a good fit for students in grades 9-12 who are interested in supply and demand and firm costs and market structures. CIT offers online or in-person lessons in Apgujeong, Gangnam, Seoul, in one-to-one or small-group formats. Students make hand-drawn market graphs with scored answers and a log of corrected reasoning.
Can my child take AP Microeconomics online or in person, one-to-one or in a small group?
Yes. CIT offers online and in-person lessons at its Apgujeong academy in Gangnam, Seoul, with one-to-one and small-group options. A readiness consultation confirms the available format and starting point for the course.
Does my child need prior subject knowledge or coding experience for AP Microeconomics?
Current study of, or planned preparation for, AP Microeconomics. A short diagnostic review sets the starting point. Progress depends on regular practice and acting on feedback.
What will my child make or practice in AP Microeconomics?
The main evidence is hand-drawn market graphs with scored answers and a log of corrected reasoning. Students also document decisions, tests, feedback, and limits in age-appropriate language.
How does AP Microeconomics exam preparation work?
CIT starts with a short diagnostic, then works through the units in order, from Basic Economic Concepts to Market Failure and the Role of Government, reviewing errors and improving exam-style responses. Practice is adapted to the student's current syllabus and readiness.
How are the schedule and tuition for AP Microeconomics determined?
CIT confirms the student's readiness, goal, location, class size, and current availability before recommending a course plan. The consultation and level check are free; tuition is explained before enrollment.
When should a student start?
The exam date is set by the school or the exam board, so the time left decides how many units the student can cover and how much practice fits. CIT checks the remaining weeks first, then proposes a starting unit.
At first my child did not want to go, because it was a weekend class. After the lesson they said it had been fun. Hearing that they ask about anything they do not understand and take part on their own put me at ease as a parent.
Where else parents check CIT
Choose the course after a readiness check
CIT can compare this course with nearby options by age, subject, and current preparation.