AP Microeconomics Syllabus
This course is designed to give students a thorough understanding of the principles of economics that apply to the function of individual decision-makers, both consumers and producers, within larger economic systems. It places primary emphasis on the nature and function of product markets. It also examines factor markets and the role of government in promoting greater efficiency and equity in the economy. Solid math and writing skills, along with a willingness to devote considerable time to homework and study, are necessary to succeed. Emphasis is placed on critical and evaluative thinking skills.
This is a 1 semester course consisting of 6 units. Upon successful completion students will receive 0.5 credit towards high school graduation.
This is a senior level course. Students should have complete American History and Algebra 2.
- Basic Economic Concepts
- Nature and Function of Product Markets
- Theory of the Firm: Production – Costs & Revenue and Four Market Models
- Resource Markets
- Market Failure and the Role of Government
- Review of Microeconomics & Simulated AP Micro Final Exam
Required Course Materials
Please access the list of course materials from the OC Online book ordering system and order your materials as soon as possible. Oftentimes, course materials are on back order and you may experience a delay in receiving them, causing students to fall behind in their online coursework. When ordering used or rented materials, be careful that online access codes are also current.
Methods of Evaluation
Students will demonstrate mastery through the following formative and summative assessments:
- 40% Assignments
- 10% Participation (Discussion Posts, Synchronous Sessions)
- 10% Quizzes
- 25% Final Exam
- 15% Unit Tests