In Spring 1967, the "Leadership Group of High School Teachers of Economics" in Orange County, California, expressed interest in developing an Advanced Placement Program (APP) in Economics. They were concerned that students from the stronger secondary school economics programs would find introductory college economics repetitive. This concern launched a project to investigate the feasibility of an APP in economics for secondary schools in Orange and Los Angeles counties. The findings of this investigation are presented in this report. In this study, APPs are defined as college level courses of study taught at and by the high school. Chapter I of this report looks at the nature and objectives of APP. In the second chapter, the College Entrance Examination Board APP, and selected non-high school focused APPs are looked at. The criteria for and status of APPs in Economics are discussed in Chapter III. The final chapter sets out general characteristics of APPs adapted for application to programs in economics; the role of the college; steps in establishing an APP in economics in Orange County. Appendices include: a survey to assess feasibility of an APP in economics in Orange County; and the results of the Fair Enterprise Medallion Contest, which suggest that high-ability students from local schools can meet the standards applied to college students in Introductory Economics, and that the high schools and their teachers are able to train them. (JH)