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.
Please note that this is a 0.5 credit course. Students generally combine this course with AP Macroeconomics to earn a full credit toward graduation. This course does not fully satisfy the Virginia graduation requirement that all students complete an Economics and Personal Finance course. Students taking AP Microeconomics also need to complete the one-semester Personal Finance course to fully satisfy the Virginia graduation requirement.
This course aligns with the College Board’s learning goals for AP Microeconomics.