AP Microeconomics

Advanced Placement Microeconomics (or AP Microeconomics) is a course offered by the College Board as part of the Advanced Placement Program for high school students interested in college-level coursework in microeconomics and/or gaining advanced standing in college. The course begins with a study of fundamental economic concepts such as scarcity, opportunity costs, production possibilities, specialization, and comparative advantage. Major topics include the nature and functions of product markets; factor markets; and efficiency, equity, and the role of government.AP Microeconomics is often taken in conjunction with or after AP Macroeconomics.

No periods were set for this course