The course Introductory AP® Microeconomics is an online class provided by Massachusetts Institute of Technology through edX. The skill level of the course is Introductory. It may be possible to receive a verified certification or use the course to prepare for a degree.
An overview of introductory microeconomics. Learn the key principles of economics and how to apply them to the real world – and the AP® exam!
Course description Want to learn how individuals and businesses make the decisions that drive our economy – and use those skills to ace the Microeconomics AP® exam? This is the course for you! This economics course is an introduction to basic microeconomic principles. You will learn how individuals make decisions ranging from what type of goods to buy to how many hours to work, and how firms make decisions ranging from how many workers to hire to what prices to charge. You will study how to evaluate economic outcomes from the perspective of efficiency and fairness, and discuss the proper role of the government in determining these outcomes. This course will cover all material that is required for the Microeconomics AP® exam. It will cover this material through a mix of intuitive explanations, real-world applications, and graphical and mathematical supplements that explore the content in more depth. By the end of the course, not only will you have an understanding of the most important principles of microeconomics, but you’ll be able to use these principles to better understand the workings of the real world around you! *Advanced Placement® and AP® are trademarks registered and/or owned by the College Board, which was not involved in the production of, and does not endorse, these offerings.
To obtain a verified certificate from edX / Massachusetts Institute of Technology you have to finish this course or the latest version of it, if there is a new edition. The class may be free of charge, but there could be some cost to receive a verified certificate (49.00 USD) or to access the learning materials. The specifics of the course may have been changed, please consult the provider to get the latest quotes and news.
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