61370 *AP® Microeconomics

61370 *AP® MICROECONOMICS

Open to: 10-11-12

Length: 1 Semester

Prerequisite: Students should be able to read and comprehend college-level texts and should possess basic math and graphing skills.

Credits: 1/2 credit

NOTE: This course is only offered in Odd-Even school years

NOTE: Students enrolling in an AP® class will automatically be registered for that course's exam. An exam Opt-Out option is available.

Content: AP® Microeconomics gives 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 of government in promoting greater efficiency and equity in the economy. The AP® Microeconomics course initially begins with unlimited wants/ results in the need to make choices. The course then proceeds to a consideration of how different types of economies determine which goods and services to produce, how to produce them and to whom to distribute them. The course will also examine the nature and functions of product markets, factor markets, market failure, and the role of government. This college-level course is designed to help the learner make wise spending, saving, and credit decisions in order to make effective use of income to achieve personal financial success.

This course will prepare students for the AP® Microeconomics exam. Success on the exam may result in college credit, advanced standing or both depending on the individual policies of the college the student attends.

This course also satisfies the personal financial literacy graduation requirement.

Activities: Simulation, multiple texts, research projects, multimedia presentations, computer activities, discussions, group activities, reports, case studies, outside reading and internet activities.

Cost: An exam fee if AP® exam is taken.

AP® and Advanced Placement® are registered trademarks of the College Board. Used with permission.

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