AP MICROECONOMICS

Duration

10 Months

Prerequisites

Algebra 1 recommended

Requirements

None

Course Summary

This course explores marginal thinking and its application in daily decisions by individuals and businesses. Students model key concepts like supply and demand, labor markets, and wages. It prepares students for the AP Exam.

MAJOR TOPICS AND CONCEPTS

Basic Economic Concepts
Supply and Demand
Production, Cost, and the Perfect Competition Model
Imperfect Competition
Factor Markets
Market Failure and the Role of Government

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AP MICROECONOMICS

MAJOR TOPICS AND CONCEPTS