Advanced Placement Microeconomics (or AP Microeconomics) is a course offered by the College Board as part of the Advanced Placement Program for high school students interested in college-level coursework in microeconomics and/or gaining advanced standing in college. The course begins with a study of fundamental economic concepts such as scarcity opportunity costs production possibilities specialization and comparative advantage. Major topics include the nature of functions of product markets; factor markets; and efficiency equity and the role of government. AP Microeconomics is often taken in conjunction with or after AP Macroeconomics.

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