ADVANCED PLACEMENT ECONOMICS
Available to Grades 11-12
AP Economics is designed to be the equivalent of an introductory college or university survey Economics course and is considered College Course Equivalent. This intensive college-level course provides students with an understanding of the principles of both micro and macroeconomics throughout the year, including the theory of consumer behavior, the theory of the firm, and the behavior of profit-maximizing firms under various market structures. Students evaluate the efficiency of the outcomes with respect to price, output, consumer surplus, and producer surplus. They examine the behaviors of households and businesses in factor markets, and learn how the determination of factor prices, wages, interest, and rent influence the distribution of income in a market economy. The course also places particular emphasis on the study of national income and price-level determination; it also develops students’ familiarity with economic performance measures, the financial sector, stabilization policies, economic growth, and international economics. Students learn to use graphs, charts, and data to analyze, describe, and explain economic concepts. Various economic schools of thought are introduced as students consider solutions to economic problems. This course requires a summer project.
This course prepares students to take the AP Macroeconomics or AP Microeconomics exam in May. A strong exam score can be used for college credit at numerous colleges and universities. This varies from school to school, and students are advised to research requirements for individual colleges and universities.
Note: This course will be offered on alternating years. It will NOT be offered in 23-24, but will be offered in 24-25 subject to enrollment.