AP Business with Personal Finance Syllabus

AP Business with Personal Finance is an introductory, college-level business and personal finance course. Students explore the business disciplines of entrepreneurship, marketing, finance, accounting, and management through real-world business application, case studies, and project-based learning. In addition, students learn and apply all the National Standards for Personal Financial Education created by the Council for Economic Education and the Jump$tart Coalition for Personal Financial Literacy.

This course is designed to be the equivalent of a one-semester college introduction to business course and a one-semester college personal finance course.

Signature Projects

Course:AP® Business with Personal Finance
Academic Year:2026–2027
Instructor:Feng Gao
Email:york@ghedu.com
Office:文体106
First Day:August 31, 2026

Upon completion of this course, students will be able to:

  1. Understand business fundamentals — Explain how businesses create value, operate, compete, and make ethical decisions.
  2. Apply marketing concepts — Analyze how businesses use market research, consumer behavior, and marketing strategies.
  3. Master personal finance — Apply concepts of saving, borrowing, credit, debt, and investing.
  4. Analyze business finance — Interpret financial statements and understand business accounting.
  5. Evaluate management strategies — Use strategic frameworks like SWOT and Porter's Five Forces.
  6. Develop professional skills — Demonstrate communication, collaboration, and decision-making skills.

Textbook

College-level Introduction to Business textbook.

Course Materials (Provided)

Supplementary Resources

Business Cases by Unit

Case Study Videos

Each unit’s cases are paired with the video clips used in the course slides. Suggested use: play a 5–10 minute clip, then identify the business concept it illustrates. Videos load only when scrolled into view.

Unit 1 — Business Foundations

1.1 Bombas — “Better Socks, Bigger Mission”

“Buy one, donate one” athletic socks. Gap, social enterprise, and risk–return (deal with Daymond John).

1.1 VANCL 凡客 — “人民快时尚”

Affordable apparel e-commerce that grew huge, then collapsed — a cautionary case.

1.1 ofo 小黄车 — bike-share collapse

Dockless bikes everywhere, but upkeep cost more than revenue; burned through billions and collapsed in 2018–19.

1.2 Cola vs Chinese Soda — cost advantage

Why can Coca-Cola profit at 3 yuan a bottle while domestic sodas lose money at 7?

1.2 得物 Dewu — differentiation through trust

The same sneakers sell elsewhere for less, yet Dewu charges more — authentication as the edge.

1.2 海底捞 Haidilao — service advantage

The same hot pot, but legendary service that commands premium pricing.

1.2 元气森林 Genki Forest — marketing positioning

“0 sugar” positioning, KOL blitz, and 日系 packaging built a $15B brand.

1.2 钟薛高 Zhong Xue Gao — hype without substance

Premium ice cream (20–60 yuan) via branding and social-media hype; no real differentiator, bankrupt 2024.

1.3 新东方 / 东方甄选 — PESTEL pivot

Double-reduction policy forced a pivot to livestream commerce — a legal/environmental factor reshaping a business.

1.3 Pop Mart / Labubu — social trend

A toy whose viral social trend (collecting, sharing, status) created a Southeast Asian resale market.

1.3 Shein — global fast-fashion giant

Ultra-cheap fashion across 150+ countries — one of the world’s most downloaded and controversial shopping apps.

1.4 Pop Mart — how blind boxes began

From a small blind-box shop to a multi-billion-dollar company — how a business idea originates.

1.4 Copa Di Vino — rejected on Shark Tank

Single-serve premium wine; rejected by every shark twice, yet built a $60M+ business.

1.5 Patagonia — values-driven company

A company that actually lives its environmental values. Mission-Driven Company (related ▶)

1.5 Seesaw Coffee — abandoning vision

What remains of a specialty-coffee brand after it chases a price war?

1.6 携程 Ctrip — business ethics

When a business has the data to charge loyal customers more — should it? (Big-data price discrimination.)

1.8 Supply Chain — a century of evolution

小Lin说 case study on how modern supply chains developed (3.6M views).

1.8 Zara — fast-fashion supply chain

How Zara’s vertically integrated supply chain powers its speed-to-market.

Unit 2 — Marketing

2.4 Dyson — from vacuum revolution to global brand

Product innovation story illustrating the product life cycle and product-led growth.

2.5 Penetration Pricing Strategy

An explainer on how and why firms set low initial prices to gain market share.

2.5 Costco — the $40M loss-leader chicken

Costco loses $40 million a year on its rotisserie chicken — completely intentionally.

Each semester is graded independently using the same standard. The midterm assessment accounts for 40% of the semester grade and the final assessment for 60%. Each is composed as follows:

Midterm Assessment — 40% of Semester Grade

CategoryWeight
Attendance15%
Class Participation15%
Homework20%
Midterm Exam50%

Final Assessment — 60% of Semester Grade

CategoryWeight
Attendance15%
Class Participation15%
Homework20%
Final Exam50%

Late Work Policy

Course Schedule

WeekDatesTopic / Unit
1Aug 31 – Sep 41.1 What Is a Business? (Unit 1)
2Sep 7–111.2 Markets and Competitive Advantage
3Sep 14–181.3 PESTEL Factors
4Sep 21–241.4 How Business Ideas Originate
🌙 Mid-Autumn Festival — Sep 25–27 (No class)
5Sep 28 – Oct 21.5 Vision; 1.6 Business Ethics
6Oct 8–9Monthly Exam
🇨🇳 National Day Holiday — Oct 1–7 (No class)
6Oct 12–161.7 Organization; 1.8 Supply Chains — Unit 1 Complete
7Oct 19–232.1 Marketing to Customers (Unit 2)
8Oct 26–302.2 Consumer Behavior
9Nov 2–62.3 Market Research — Midterm Exam
📝 Midterm Exam Week — Nov 6–11
🍂 Autumn Outing — Nov 12 (No class)
10–11Nov 16–272.4–2.7 Product, Price, Place, Promotion — Unit 2 Complete
12–13Nov 30 – Dec 113.1 Saving; 3.2 Borrowing, Credit, Debt (Unit 3 Part 1)
14–16Dec 14–313.3–3.8 Accounting, Financial Statements — Unit 3 Complete
📝 Monthly Exam — Dec 14–18 (Monthly Exam Week)
🎆 New Year Holiday — Jan 1 (No class)
17Jan 4–84.1 Management and Leadership (Unit 4 Part 1)
18Jan 11–15Final Exam Week
Winter Break: January 16 – February 28, 2027
19–20Mar 1–124.2 KPIs; 4.3–4.4 Strategy, SWOT, Porter's — Unit 4 Complete, Final Business Canvas due Mar 12
21Mar 15–19Unit 5: Taxes, Budgeting, Risk, Investing — Unit 5 Complete (all instruction done Mar 19)
22–24Mar 22 – Apr 9Financial Advisor Project & Comprehensive Review
📝 Monthly Exam — Mar 29 – Apr 2 (Monthly Exam Week)
Apr 26–30Mock Exams
🎉 Labor Day Holiday — May 1–3 (No class)
May 3–14AP Business Exam
📝 Final Exam Week — Jun 7–11

Key Dates

Oct 16Unit 1 completed
Nov 27Unit 2 completed
Dec 31Unit 3 completed
Mar 12Unit 4 completed; Final Business Canvas Project due
Mar 19All instruction complete
Apr 9Financial Advisor Project due
Apr 26–30Mock Exams
May 3–14AP Exam

Exam Window: May 3–14, 2027

Fully digital exam via the Bluebook Testing App. Total duration: 2 hours 40 minutes.

SectionQuestionsTimeWeight
Section I: Multiple Choice60 questions70 min60%
Section II Part A: FRQ 1 (Business Canvas Validation)1 question25 min15%
Section II Part B: FRQs 2–43 questions65 min25%

Skill Categories Assessed

  1. Concept Application — Explain and apply business and personal finance concepts.
  2. Entrepreneurship — Develop and assess business ideas, test hypotheses.
  3. Decision Making — Analyze scenarios, evaluate alternatives, recommend actions.
  4. Communication — Create written and visual communications for business purposes.
  5. Collaboration — Work with others to accomplish business goals.