This course is the first in a series of six that together cover the complete Microeconomics curriculum outlined by the College Board for the AP exam. By dividing the curriculum into six mini-courses, students have the flexibility to either complete the full AP Microeconomics sequence or focus on specific units where they need additional support (if they are concurrently enrolled in a microeconomics course at their high school and require extra help).

The AP Microeconomics curriculum includes 6 units: 
UNIT 1: Basic Economic Concepts 
UNIT 2: Supply and Demand 
UNIT 3: Production, Cost, and the Perfect Competition Model 
UNIT 4: Imperfect Competition 
UNIT 5: Factor Markets 
UNIT 6: Market Failure and the Role of Government 


This course will focus on Unit 1-Basic Economic Concepts. This unit represents 12–15% AP Exam Weighting.  Throughout this course, students will engage with economic theory and develop the skills to create, interpret, and apply economic models and graphs effectively.

Unit-1 will cover the following topics: 
1.1. Scarcity and choice 
1.2. Resource Allocation and Economic Systems 
1.3 Production Possibilities Curve 
1.4 Comparative Advantage and Trade 
1.5 Marginal Analysis and Consumer Choice 

The learning approach combines a lecture in which the theoretical background of the topic is presented (lesson 1 of the week), followed by applications (lesson 2 of the week) with a focus on problem-solving (practical exercises, case studies, additional readings).