Social Studies·Advanced Placement

APMicroeconomics

AP Microeconomics: Study market behavior and economic principles to prepare for the AP Exam in May.

1.0 CreditGrades 11–12100% OnlineSelf-Paced6 ModulesAdvanced Placement
AP

Built for the AP Exam

Every module sharpens the skills the College Board® tests. Sit the exam in May to earn potential college credit before you graduate.

About the course

Course Overview

AP Microeconomics introduces students to the fundamental principles of economics as they apply to individual decision-makers, including consumers, firms, and government entities. This college-level course covers key topics such as supply and demand, production costs, market structures, and the role of government in promoting efficiency and equity in the economy. Students explore how economic decisions are made, analyzing how markets function and how various factors like prices, incentives, and externalities impact behavior.

Throughout the course, students learn to apply economic reasoning to real-world scenarios, developing skills to analyze and interpret data, construct models, and predict economic outcomes. Topics include consumer behavior, the dynamics of perfect and imperfect competition, and the effects of government policies on markets. Through hands-on activities, graphing, and critical analysis, students gain a solid foundation in economic theory and practice, empowering them to make informed decisions and understand economic policies.

AP Microeconomics prepares students for the AP Exam in May, providing an opportunity to earn college credit while building a strong foundation in economics. With a focus on analytical thinking and practical applications, this course sets students on a path toward future studies and careers in economics, business, and public policy.

This course has been authorized by the College Board® to use the AP designation.

By the end of the course

Learning Objectives

  • Define economic principles and models
  • Explain given economic outcomes
  • Determine outcomes of specific economic situations
  • Model economic situations using graphs or visual representations

Course contents

What You'll Study

01Module

Basic Economic Concepts

02Module

Supply and Demand

03Module

Production, Cost, and the Perfect Competition Model

04Module

Imperfect Competition

05Module

Factor Markets

06Module

Market Failure and the Role of Government

Earn your 1.0 credit in Microeconomics

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