AP Economics (Micro & Macro)

Course Overview 课程介绍

AP 经济分微观与宏观两门独立考试，常配套修读，4 分以上可换学分。

AP Economics, administered by the College Board, comprises two independent exams: AP Microeconomics and AP Macroeconomics. Micro focuses on individual decision-makers, market structures and market failure; Macro covers aggregate indicators, AD-AS, the financial sector, stabilization policy and the open economy. They are usually taken together.

Key Facts 基本信息

Administrator (主办方)	College Board
Duration (学制)	1 year per exam (two independent exams, often paired)
Scoring (评分)	1 – 5 (5 is the highest)
Prerequisites (先修建议)	Algebra II; basic comfort with graphs
Exam structure (考试结构)	Section I MCQ + Section II FRQ; MCQ = 66.7%
Lab (实验)	No lab component; emphasis on graphical and data analysis

Sub-Exam: Microeconomics AP Microeconomics 章节

微观经济 6 单元：基本概念、供求、生产成本、不完全竞争、要素市场与市场失灵。

MicroUnit 1. Basic Economic Concepts

Scarcity and opportunity cost; production possibilities frontier; comparative advantage and trade
MicroUnit 2. Supply and Demand

Equilibrium; elasticity; welfare analysis of policy interventions
MicroUnit 3. Production, Cost, and the Perfect Competition Model

Short-run and long-run costs; firm and market supply under perfect competition
MicroUnit 4. Imperfect Competition

Monopoly; oligopoly; monopolistic competition; price discrimination
MicroUnit 5. Factor Markets

Labor markets; marginal revenue product; factor demand and supply
MicroUnit 6. Market Failure and the Role of Government

Externalities; public goods; asymmetric information; taxes and redistribution

Sub-Exam: Macroeconomics AP Macroeconomics 章节

宏观经济 6 单元：基本概念、经济指标、AD-AS、金融部门、稳定政策与开放经济。

MacroUnit 1. Basic Economic Concepts

Scarcity and opportunity cost; production possibilities frontier; comparative advantage
MacroUnit 2. Economic Indicators and the Business Cycle

GDP; inflation and CPI; unemployment
MacroUnit 3. National Income and Price Determination

Aggregate demand and aggregate supply; multiplier effect; equilibrium and output gaps
MacroUnit 4. Financial Sector

Money and banking; money market; interest rates; central bank and monetary-policy tools
MacroUnit 5. Long-Run Consequences of Stabilization Policies

Phillips curve; fiscal policy and debt; economic growth
MacroUnit 6. Open Economy — International Trade and Finance

Balance of payments; exchange rates and foreign-exchange markets

Exam Structure 考试结构

Microeconomics · Section I	MCQ · 60 questions · 70 min · 66.7%
Microeconomics · Section II	FRQ · 3 questions · 60 min · 33.3% (incl. graphing)
Macroeconomics · Section I	MCQ · 60 questions · 70 min · 66.7%
Macroeconomics · Section II	FRQ · 3 questions · 60 min · 33.3% (incl. graphing)

Credit Transfer 学分转换与衔接

4/5 分常换算大学微观/宏观经济入门，商科经济专业常要求两门均达标。

Both AP Economics exams use a 1–5 scale; most US colleges grant credit for 4 or 5. Microeconomics typically maps to intro Micro, and Macroeconomics to intro Macro. Business and economics programs often require 4/5 on both for prerequisite waivers. Policies vary by institution.