AP - History and Social Sciences

AP Microeconomics
Unit 1 Basic Economic Concepts
You’ll start the course with an introduction to economic concepts, principles, and models that will serve as a foundation for studying macroeconomics.
Unit 2 Economic Indicators and the Business Cycle
You’ll look at how economic phenomena such as employment and inflation are measured.
Unit 3 National Income and Price Determination
You’ll explore how changes in aggregate spending and production, economic fluctuations, and policy actions affect national income, unemployment, and inflation.
Unit 4 Financial Sector
You’ll examine the financial sector and explain how monetary policy is implemented and transmitted through the banking system.
Unit 5 Long-Run Consequences of Stabilization Policies
You’ll spend more time exploring the effects of fiscal and monetary policy actions and examine the concept of economic growth.
Unit 6 Open Economy—International Trade and Finance
You’ll examine the concept of an open economy in which a country interacts with the rest of the world through product and financial markets.
