This course combines AP Microeconomics and AP Macroeconomics to give students a broad picture of economics in theory and practice.
AP Microeconomics is a fast-paced, college-level course that focuses on the decision making of individuals, households, firms, and the government. Students will study a variety of economic theories and analyze their practical applications in the real world. Course topics include the product market (including forces of supply and demand), factor/resource markets (including labor and capital), and competition/market structures.
AP Macroeconomics is a college-level course that focuses on how the whole economy behaves, including regional, national, and global markets. Much of what students will study in AP Macroeconomics is the theory of economics and the effects of economic decisions made in these markets.
This course aligns with the College Board’s learning goals for AP Microeconomics and AP Macroeconomics.
Prerequisites
- Economics and Personal Finance (recommended)
Course Texts and Materials
Required
- Principles of Microeconomics 2e for AP Courses (free ebook)
Publisher: OpenStax - Principles of Macroeconomics 2e for AP Courses (free ebook)
Publisher: OpenStax
Optional
- Advanced Placement Economics: Microeconomics: Student Edition (Fourth Edition)
ISBN: 978-1-56183-670-3
Publisher: National Council on Economic Education
- 5 Steps to a 5: AP Microeconomics 2017
ISBN: 9781259587887
Publisher: McGraw-Hill Education - Advanced Placement Economics: Macroeconomics: Student Edition (Fourth Edition)
ISBN: 978-1-56183-668-0
Publisher: National Council on Economic Education - 5 Steps to a 5: AP Macroeconomics, 2018 edition
ISBN-13: 978-1259863868
ISBN-10: 1259863867
Note: The 2015, 2016, and 2017 editions are also good. The most recent version is not essential for students to successfully review.
Terms Offered
Offered in two half-credit semesters:
- 04205 AP Economics Sem 1 (0.5 cr)
- Full Year, Semester 1 (fall, 18 weeks)
- 04205 AP Economics Sem 2 (0.5 cr)
- Full Year, Semester 2 (spring, 18 weeks)