Micro 2.6/2.8A Equilibrium, Surplus, and Dead Weight Loss

This video covers topic 2.6 and part of 2.8 of the AP Microeconomics Course Exam Description (CED). It includes market equilibrium, consumer surplus, producer surplus, economic surplus, allocative efficiency, and dead weight loss.

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I would like to acknowlege the work of Dick Brunelle and Steven Reff from Reffonomics.com who’s work inspired many of the review games on ReviewEcon.com. I would also like to thank Francis McMann, James Chasey, and Steven Reff who taught me how to be an effective AP Economics teacher at AP summer institutes; as well as the countless high school teachers, and college professors from the AP readings, economics facebook groups, and #econtwitter.