generate your own visual cheatsheets
🤑 AP Microeconomics Cheatsheets
Download the one-page AP Microeconomics cheatsheet PDF or browse AI-generated visual study aids with key formulas, concepts, and definitions for your exam review.
Download the one-page AP Microeconomics cheatsheet PDF or browse AI-generated visual study aids with key formulas, concepts, and definitions for your exam review.
Text cheatsheets made by Fiveable, in print-ready PDF.

Compiled by students and teachers, then reviewed and updated every year.
1 page · PDF · updated every year
Same format, one unit at a time, aligned to the 2026-2027 course.



Printable PDF · from the Fiveable shop
7 pages · Subject + 6 unit cheatsheets · PDF
AI-generated one-pagers for a single topic. Make your own, or browse what other students have made.
choose a topic in AP Microeconomics
add custom requests (optional)

Unit 1 - 1.1 Basic Economic Concepts: Scarcity

Unit 1 - 1.1 Basic Economic Concepts: Scarcity

Unit 1 - 1.2 Resource Allocation and Economic Systems

Unit 1 - 1.3 Production Possibilities Curve (PPC)

Unit 1 - 1.4 Comparative Advantage and Trade

Unit 1 - 1.5 Cost-Benefit Analysis

Unit 1 - 1.6 Marginal Analysis and Consumer Choice

Unit 2 - Unit 2 Overview: Supply and Demand

Unit 2 - Unit 2 Overview: Supply and Demand

Unit 2 - 2.1 Demand

Unit 2 - 2.1 Demand

Unit 2 - 2.1 Demand

Unit 2 - 2.2 Supply

Unit 2 - 2.2 Supply

Unit 2 - 2.3 Price Elasticity of Demand

Unit 2 - 2.4 Price Elasticity of Supply

Unit 2 - 2.5 Other Elasticities

Unit 2 - 2.6 Market Equilibrium and Consumer and Producer Surplus

Unit 2 - 2.7 Market Disequilibrium and Changes in Equilibrium

Unit 2 - 2.8 The Effects of Government Intervention in Markets

Unit 2 - 2.8 The Effects of Government Intervention in Markets

Unit 2 - 2.9 International Trade and Public Policy

Unit 3 - Unit 3 Overview: Production, Cost, and the Perfect Competition Model

Unit 3 - 3.1 The Production Function

Unit 3 - 3.2 Short-Run Production Costs

Unit 3 - 3.3 Long-Run Production Costs

Unit 3 - 3.4 Types of Profit

Unit 3 - 3.5 Profit Maximization

Unit 3 - 3.5 Profit Maximization

Unit 3 - 3.6 Firms' Short-Run Decisions to Produce and Long-Run Decisions to Enter or Exit a Market

Unit 3 - 3.6 Firms' Short-Run Decisions to Produce and Long-Run Decisions to Enter or Exit a Market

Unit 3 - 3.7 Perfect Competition

Unit 4 - 4.1 Introduction to Imperfectly Competitive Markets

Unit 4 - 4.2 Monopolies

Unit 4 - 4.3 Price Discrimination

Unit 4 - 4.4 Monopolistic Competition

Unit 4 - 4.5 Oligopoly and Game Theory

Unit 5 - Unit 5 Overview: Factor Markets

Unit 5 - 5.1 Introduction to Factor Markets

Unit 5 - 5.2 Changes in Factor Demand and Factor Supply

Unit 5 - 5.3 Perfectly Competitive Labor Markets

Unit 5 - 5.4 Monopsony Markets

Unit 5 - 5.4 Monopsony Markets

Unit 6 - Unit 6 Overview: Market Failure and the Role of Government

Unit 6 - 6.1 Socially Efficient and Inefficient Market Outcomes

Unit 6 - 6.2 Externalities

Unit 6 - 6.3 Public and Private Goods

Unit 6 - 6.4 The Effects of Government Intervention in Different Market Structures

Unit 6 - 6.5 Inequality

AP Microeconomics Exam - FRQ 1 – Long

AP Microeconomics Exam - FRQs 2-3 – Short

AP Microeconomics Exam - Multiple-Choice Questions (MCQ)

Big Ideas - Scarcity and Markets

Big Ideas - Production Choices and Behavior

Big Ideas - Market Inefficiency and Public Policy

Big Ideas - Costs, Benefits, and Marginal Analysis

Exam Skills - Score Higher on AP Microeconomics: Tips for FRQ 1

Study Tools - AP Microeconomics Exam Guide

Exam Skills - Score Higher on AP Microeconomics: Tips for FRQ 1

Study Tools - AP Microeconomics Exam Guide
A cheatsheet condenses a whole course into the facts you actually need on exam day. The AP Microeconomics cheatsheets on this page summarize the key formulas, concepts, and definitions from each unit so you can review the entire course at a glance.
They work best as a final review: skim the one-page summary, spot the units you want to strengthen, then go deeper with the AP Microeconomics study guides. The visual cheatsheets in the gallery are organized by unit, and you can generate your own for any topic you want a quick refresher on.