AP Economics
Credits 1This year-long course in economics covers the skills and concepts of Microeconomics and Macroeconomics that form the basis of the tasks on the AP exams. Topics in Microeconomics give students a thorough understanding of the principles of economics that apply to the functions of individual decision-makers, both consumers and producers, within the larger economic system. It places primary emphasis on the nature and function of product markets and includes the study of factor markets and the role of the government in promoting greater efficiency and equity in the economy. Topics in Macroeconomics give students a thorough understanding of the principles of economics that apply to an economic system as a whole, placing particular emphasis on the study of national income and price determination and also developing familiarity with economic performance measures, economic growth, and international economics. Every student is required to take both AP exams in May.