The purpose of an 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 larger economic system. It places primary emphasis on the nature and functions of product markets, and includes the study of factor markets and the role of government in promoting greater efficiency and equity in the economy. This is a highly analytical course that focuses on problem solving, graphing, mathematical formulas, and generic corporate models.

CLICK HERE for the AP Microeconomics Home Page on the College Board's website.

Units of study include:

• The Basic Economic Problem

• The Nature and Function of Markets

• Theory of the Firm

• Factor Markets

• Government Impact

Note: A summer assignment is assigned at the end of the prior school year and is expected to be completed by the first day of class. It is the student’s responsibility to listen for announcements about this assignment and to secure the necessary materials before the end of the prior school year.