11th - 12th Grade
Credit - 1
This college-level course provides a survey of economics and prepares students to take both Advanced Placement exams in Microeconomics and Macroeconomics administered in May. This course uses a college-level textbook, and it requires both logical reasoning and graphing skills. Topics include the supply and demand model, consumer choice theory, the theory of the firm, various market structures, resource markets, and market failures. In the spring, students examine measures of economic performance, the impact of fiscal and monetary policies, economic growth, and international trade. AP Economics can be taken to fulfill the personal finance graduation requirement; students must pass both semesters of the course, pass the personal finance unit, and pass the Personal Finance exam given in the spring after the AP examinations. Students are encouraged to take one or both AP exams in May.Teachers
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