There is no application for AP Economics

Interested students simply need to state their interest in taking the course with this school counselor during their scheduling meeting. If you have questions about the course, please contact Mr. Lamon, alamon@livingston.org 

AP Economics Course Overview and Specific Course Goals
The overarching goal of an AP Economics course is to provide students with the principles, concepts, and methodologies required to understand the economizing problem, specific economic issues, evaluation of microeconomic and macroeconomic policy, and analyze economic data to formulate solutions for economic problems within a society. 

• In the study of Microeconomics, students will be able to apply rational thinking to the smaller pieces of the economy, analyze the effects of the interactions between producers and consumers, identify the principles of supply and demand, evaluate the various market structures, and analyze the economic profit of individual firms.
• In the study of Macroeconomics, students will extend their microeconomic knowledge to apply rationale thinking to the larger pieces of an economy. Students will be able to analyze economics in the aggregate, evaluate monetary policy and approach such policy from the perspective of the Federal Reserve System. Additionally, students will be able to study macroeconomics from an international perspective. They will use comparative advantage to determine the benefits of trade and explore the economic affects of fluctuating currencies. 

The units of study in the AP Economics curriculum are listed below: