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The purpose of an economic AP course in microeconomics is to provide students a thorough understanding of the principles of economics that apply to the decisions of individuals within a larger economic system. It places primary emphasis on the nature and functions of product markets, the study of factor markets and the role of government in promoting greater efficiency and equity in the economy. The student will learn to create, interpret, label, and analyze graphs, charts, and other forms of data in order to describe and explain various economic concepts. Developing an "Economic way of Thinking” is essential to understanding the coursework. This micro portion of the AP economics course will be divided into five units. |
