AP Economics (Macro- and Microeconomics)

Trade wars threatening government stability, hyperinflation and food shortages, and central banks buying bonds to stave off recessions are just some of the topics covered in our fast paced AP Macroeconomics course. In Microeconomics, you'll finally understand the utility of eating that fourth plate of food at a Sunday brunch, and you'll learn how to use game theory analysis to choose which universities to apply for admission. Microeconomics and Macroeconomics will give you tools to analyze your world with new insights and models to explain the choices people, companies, and governments make. Click to here to learn more.

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.

Advanced Placement exam is available for this course.

Advanced Placement (AP) exams are available for this course. For more information on Advanced Placement, click here

Course Details

Oliver Smith


"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."

AP Economics

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.

What Our Students Say

 


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.”
Jennifer Pohly,
Class of 2020

Results that Matter

20+

Advanced Placement (AP) courses and exams

97%

of 3's, 4's, and 5's received in AP exams in 2018

21

Advanced Topics (AT) courses

34%

of the Class of 2018 graduates were awarded cum laude commendations