AP Economics is designed to meet the needs of the university bound student planning to take the Spring AP Macroeconomics Exam. The class is paced, and the content is of a nature, to prepare students for the rigorous demands of the exam and for future success in the university classroom. The class will focus will be toward a comprehensive understanding of economics concepts including scarcity, opportunity cost, and trade-offs as well as more complex topics such as fiscal and monetary policy, budgetary deficits and surpluses, international trade and exchange rates, and the impact of currency value fluxuations. A variety of economic policies and “schools of economic thought” will be explored including Classical Economics, Keynesian Economics and Monetarist Policy.
The Wall Street Journal will be utilized as a supplement to the test to encourage students to connect current economic issues with concepts that are covered within the curriculum.