This one-semester course is a college-level study of microeconomics. The purpose of this course is to give students a thorough understanding of the principles of economics that apply to the functions of individual decision makers, both consumer and producers within the economic system. The course places primary emphasis on the nature and functions of product markets and includes the study of factor markets and the role of government in promoting economic efficiency and equity in the economy. At the culmination of this course, students take the AP Microeconomic Exam for college credit. This social studies course requires no past AP experience, just an interest in understanding the economic world around us. It is the expectation that students taking this course will take the AP Exam in May.