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AP Economics

Department: Social Sciences
Teachers: Brian Held '93
Open to: Seniors
Length: 2 Semesters

This course will prepare student for both the AP Microeconomics and the AP Macroeconomics exams. The purpose of these courses as published by the College Board is: The purpose of the AP course in Microeconomics is to give the 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 equality in the economy.

The purpose of the AP course in Macroeconomics is to give the students a thorough understanding of the principles of economics that apply to an economic system as a whole. Such a course places a particular emphasis on the study of national income and price determination, and also develops student’s familiarity with economic performance measures, economic growth, and international economics.