AP Microeconomics

AP Microeconomics is an introductory college-level microeconomics course. Students cultivate their understanding of the principles that apply to the functions of individual economic decision-makers by using principles and models to describe economic situations and predict and explain outcomes with graphs, charts, and data as they explore concepts like scarcity and markets; costs, benefits, and marginal analysis; production choices and behavior; and market inefficiency and public policy.

Based on the Understanding by Design® (Wiggins and McTighe) model, the course framework provides a clear and detailed description of the course requirements necessary for student success. The framework specifies what students must know, be able to do, and understand, with a focus on big ideas that encompass core principles and theories of the discipline. The framework also encourages instruction
that prepares students for advanced economics coursework. 

The AP Microeconomics framework is organized into six commonly taught units of study that provide one possible sequence for the course. As always, you have the flexibility to organize the course content as you like.

The AP Microeconomics framework included in the course and exam description outlines distinct skills that students should practice throughout the year—skills that will help them learn to think and act like economists.

The AP Program is unique in its reliance on development committees for their initial and ongoing voice in course and exam development. These committees, made up of an equal number of college faculty and experienced secondary AP teachers from across the country, are essential to the preparation of AP course curricula and exams.