<p>My son took micro and macro econ as a sr in HS. Did well on in the class and on the AP exam but his teacher told him to retake the class (as a finance major) again in college. Only problem was he college would not let him take the class for credit because he had the AP credit. I think it depends on intended major. If he is going to major in history, english, etc than getting credit for psych gets him out of taking a required science class he really has no interest in and lets him focus on topics he is really interested in.</p>