What are the major projects you will complete in this course?
AP Economics is a one year course. Students who successfully complete the course will be prepared to sit both the AP Micro- and AP Macroeconomics exams.
"You should take this course if you are interested in learning how we develop conceptual models of behavior to predict responses to changes in policy and market conditions."
ID: 42045 Grade: 11-12 Length: Year
Credit: Social Studies
Prerequisite: Semester I grade of B or higher in a tenth or eleventh grade social studies course; or current teacher recommendation.
Note: This course has a grade weighting of 0.5.
AP Economics is made up of two semester-length College Board AP courses—Macroeconomics and Microeconomics. Topics covered include basic concepts such as scarcity, trade-offs, and the functions of the economics system; the nature and function of product markets, including basic supply and demand theory, consumer choice theory, and pricing theory; the nature and function of factor markets, including theories of wage determination; measurement of economic performance using concepts such as gross domestic product, inflation, and unemployment; analysis of various schools of economic thought in relation to aggregate demand and aggregate supply; money and banking, including the tools of the central bank; and, finally, the usefulness of various government policies that can be applied to remedy the economic problems discussed throughout each semester. College Board offers both an AP Microeconomics and AP Macroeconomics exam. This course prepares students to take both exams in May. SAS offers two different versions of AP Economics—this course, where students proceed at the normal AP pace, and a self-paced AP Economics (42046) course. Students will be prepared for and strongly encouraged to sit for the AP exam in May.
Although the workload and content of AP Economics can be challenging, the concepts I have learned this year hold incredible value to my understanding of how the world works. It is crucial to be knowledgeable in economics to better contextualize modern politics and historical events. Students should take this class not only to be academically stretched but to see the world in a different light.”
Class of 2020