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๐Ÿค‘AP Microeconomics

๐Ÿ“Œ Exam Date: May 7, 2024

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Cram Finales

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Study Guides

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Practice Questions

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AP Cheatsheets

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Study Plans

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AP Micro Study Guides by Unit

Unit 1: Basic Economic Concepts

18 min read

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J

written by Jeanne Stansak

1.1

Basic Economic Concepts: Scarcity

7 min read

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J

written by Jeanne Stansak

1.2

Resource Allocation and Economic Systems

7 min read

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J

written by Jeanne Stansak

1.3

Production Possibilities Curve (PPC)

7 min read

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J

written by Jeanne Stansak

1.4

Comparative Advantage and Trade

6 min read

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J

written by Jeanne Stansak

Supply and Demand

3 min read

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Dylan Black

written by Dylan Black

Determinants of Supply and Demand

4 min read

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Dylan Black

written by Dylan Black

Unit 2 Overview: Supply and Demand

6 min read

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dylan_black_2025

written by dylan_black_2025

2.1

Demand

6 min read

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J

written by Jeanne Stansak

2.2

Supply

3 min read

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J

written by Jeanne Stansak

2.3

Price Elasticity of Demand

6 min read

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J

written by Jeanne Stansak

Introduction to Unit 3

4 min read

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Hope Myers

written by Hope Myers

3.1

The Production Function

5 min read

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J

written by Jeanne Stansak

3.2

Short-Run Production Costs

7 min read

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J

written by Jeanne Stansak

3.3

Long-Run Production Costs

3 min read

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J

written by Jeanne Stansak

3.4

Types of Profit

4 min read

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J

written by Jeanne Stansak

4.1

Introduction to Imperfectly Competitive Markets

4 min read

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J

written by Jeanne Stansak

4.2

Monopolies

7 min read

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J

written by Jeanne Stansak

4.3

Price Discrimination

4 min read

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J

written by Jeanne Stansak

4.4

Monopolistic Competition

5 min read

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J

written by Jeanne Stansak

4.5

Oligopoly and Game Theory

11 min read

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J

written by Jeanne Stansak

Unit 5 Overview: Factor Markets

5 min read

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dylan_black_2025

written by dylan_black_2025

5.1

Introduction to Factor Markets

6 min read

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J

written by Jeanne Stansak

5.2

Changes in Factor Demand and Factor Supply

5 min read

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J

written by Jeanne Stansak

5.3

Perfectly Competitive Labor Markets

5 min read

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J

written by Jeanne Stansak

5.4

Monopsony Markets

3 min read

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J

written by Jeanne Stansak

Unit 6 Overview: Market Failure and the Role of Government

6 min read

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dylan_black_2025

written by dylan_black_2025

6.1

Socially Efficient and Inefficient Market Outcomes

4 min read

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J

written by Jeanne Stansak

6.2

Externalities

7 min read

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J

written by Jeanne Stansak

6.3

Public and Private Goods

5 min read

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J

written by Jeanne Stansak

6.4
6.5

Inequality

4 min read

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written by Jeanne Stansak

Additional Resources

2024 AP Microeconomics Exam Guide

7 min read

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A Q

written by A Q

Exam Skills

This is all you need to know about the AP Microeconomics exam. We'll cover how to manage the multiple choice questions (MCQs) and how to write great FRQs. Review exam logistics, types of questions (such as table questions), how to draw graphs, helpful tips, and practice some sample questions



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ยฉ 2024 Fiveable Inc. All rights reserved.

APยฎ and SATยฎ are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.