Social Science

AP Microeconomics

AP U.S. GOVERNMENT & POLITICS/AP MICROECONOMICS PAIRING The semester-long courses AP U.S. Government and AP Microeconomics (see course description on following page) are paired. Students who enroll in AP Microeconomics will automatically be enrolled in AP U.S. Government and Politics. A civics course (government and/or economics) is required for graduation.

Economics can be defined as the study of exchange given certain institutional arrangements, or it can be viewed as the study of human action—people making choices. This university-level, semester course focuses on microeconomics concepts. Through a variety of teaching methods including lecture, simulations, group activities, discussions, and debates, students explore microeconomic topics, including fundamental concepts such as scarcity and opportunity cost, the role of prices in allocating goods and services, applications of supply and demand to public policy issues, public choice analysis, public goods theory, externalities, and market structures.