AP Economics
Macroeconomics Course Description
AP Macroeconomics is an introductory college-level course that focuses on the principles that apply to an economic system as a whole. The course 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.
Units of Study
Topic I. Basic Economic Concepts
Topic II. Measurement of Economic Performance
Topic III. National Income and Price Determination
Topic IV. Financial Sector
Topic V. Stabilization Policies
Topic VI. Economic Growth
Topic VII. Open Economy: International Trade and Finance
Microeconomics Course Description
The purpose of the AP course in microeconomics is to 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 economic system. It places primary emphasis on the nature and functions of product markets and includes the study of factor markets and of the role government in promoting greater efficiency and equity in the economy.
Units of Study
Topic I. Basic Economic Concepts
Topic II. The Nature and Functions of Product Markets
Topic III. Factor Markets
Topic IV. Market Failure and the Role of Government
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