Introductory AP® Microeconomics Course

Offered by: MIT and edX

Course Level 1: Introductory

Estimated Study Time: 100+ hours

What you’ll learn

Consumer theory: How do consumers make decisions to maximize happiness?

Producer theory: How do firms make decisions to maximize profit?

Market structures: How does the structure of a market affect economic efficiency?

Market failures: How do markets fail and what is the role of government to respond to these failures?

Economic fairness: How do we strike the balance between economic efficiency and fairness?

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