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AP Microeconomics

AP Microeconomics Resources

AP Microeconomics explores the fundamental economic principles that relate to individual behavior within an economic framework. Click through our free AP Microeconomics study guides and AP Microeconomics flashcards below:

AP Microeconomics Multiple Choice Practice Problems

AP Microeconomics AP Free Response Practice Problems

AP Microeconomics Score Calculator

AP Microeconomics Unit 1: Basic Economic Concepts

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AP Microeconomics Unit 2: Supply and Demand

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AP Microeconomics Unit 3: Production, Cost, and the Perfect Competition Model

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AP Microeconomics Unit 4: Imperfect Competition

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AP Microeconomics Unit 5: Factor Markets

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AP Microeconomics Unit 6: Market Failure and the Role of Government

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The Great Depression

Mind Map: The Great DepressionCentral Idea: The Great DepressionA severe worldwide economic depression in the 1930sMain Branches:Causes of the Great DepressionStock Market Crash of 1929Overproduction and UnderconsumptionBank FailuresDust BowlImpact on EconomyUnemploymentPovertyDecline in GDPDeflationGovernment ResponseNew Deal ProgramsFederal Reserve PoliciesPublic Works ProjectsSocial Security ActSocial and Cultural EffectsHomelessnessBreadlines and Soup KitchensRise of ShantytownsMigration and DisplacementSub-Branches:Causes of the Great DepressionStock Market Crash of 1929Speculation and buying on marginPanic selling and market collapseOverproduction and UnderconsumptionExcess production without sufficient demandDecreased consumer spendingBank FailuresBank runs and mass withdrawalsLoss of confidence in the banking systemDust BowlSevere drought and soil erosionAgricultural devastation in the MidwestImpact on EconomyUnemploymentMassive job losses across industriesHigh unemployment ratesPovertyWidespread poverty and destitutionLack of basic necessitiesDecline in GDPSharp decrease in economic outputNegative growth ratesDeflationFalling prices and wagesReduced consumer purchasing powerGovernment ResponseNew Deal ProgramsPublic Works Administration (PWA)Civilian Conservation Corps (CCC)Works Progress Administration (WPA)Tennessee Valley Authority (TVA)Federal Reserve PoliciesMonetary expansion and interest rate cutsEfforts to stabilize the banking systemPublic Works ProjectsInfrastructure developmentConstruction of roads, bridges, and damsSocial Security ActCreation of a social safety netRetirement and disability benefitsSocial and Cultural EffectsHomelessnessEvictions and foreclosuresLack of affordable housingBreadlines and Soup Kitchens...

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In this article, we will explore several effective tricks and tips to help you achieve a perfect score of 5 in the AP Computer Science Principles exam . By mastering these strategies, utilizing the right resources, and applying our AP Computer Science Principles test tips , you can confidently approach the exam and excel in it like a pro. So, let's delve into these techniques and insights to ensure you know how to pass the AP Computer Science Principles exam ! Free AP Computer Science Principles Resources No need to stress if you're cramming last-minute for the AP Computer Science...

Questions & AnswersIf you have any other questions - please get in touch

What is the AP Microeconomics exam format?

The exam format includes 60 multiple-choice questions, and 3 free-response questions. The exam is broken down so the multiple choice section is worth 66% of the exam weight, and the free response section is worth 33% of the exam weight. Students are allotted 1 hour and 10 minutes to complete the multiple-choice section, and 1 hour to compose their responses to the free response questions. To make sure you’re prepared enough to finish in time, take a look through our free AP Microeconomics study guide that covers the most important material you should know.

How do I study for AP Microeconomics?

You’ve likely covered a lot of material during your course this year, but to get a 5 on the AP exam, it’s important you understand how often each topic shows up. You will learn to utilize graphs, charts, and data to dissect, depict, and explain economic concepts through analysis, description, and explanation. Once you take a look through the breakdown below, make sure to read through the AP Microeconomics study guide above with all the key points you should know for each unit.

What units are on AP Microeconomics?

Unit 1: Basic Economic Concepts
During this unit, you will begin to investigate the fundamental aspects of microeconomic reasoning. This exploration includes learning how to assess decisions through the lens of constraints and trade-offs, as well as making economically rational choices.
Unit 2: Supply and Demand
In this unit, you will acquire the foundation for comprehending market operations through an introduction to the supply and demand model.
Unit 3: Production, Cost and the Perfect Competition Model
During this unit, you will investigate the factors influencing corporate actions and do an investigation into the many aspects of the perfect competition model.
Unit 4: Imperfect Competition
In this unit, you will grasp the mechanics of markets characterized by imperfect competition and gain insight into the role of game theory within economic models.
Unit 5: Factor Markets
During this unit, you will uncover how concepts like supply and demand, as well as marginal decision-making, are relevant within the realm of factor markets.
Unit 6: Market Disruptions and Government Involvement
In this unit, you will evaluate a variation of scenarios in which markets might falter and expand on the potential outcomes of government engagement within market dynamics.
Video Resources
We’ve handpicked some of our favorite youtube channels and videos that align with the key topics and themes covered in our AP Microeconomics study guides. These channels can be a great way to get a better understanding of the economic principles relevant to individual actions within an economic system. These can help you know how to employ graphs, charts, and data to analyze, articulate, and expand upon economic concepts.

What are the video resources?

We’ve handpicked some of our favorite youtube channels and videos that align with the key topics and themes covered in our AP Microeconomics study guides. These channels can be a great way to get a better understanding of the economic principles relevant to individual actions within an economic system. These can help you know how to employ graphs, charts, and data to analyze, articulate, and expand upon economic concepts.

Where can I ask AP Microeconomics questions?

Connect with like-minded students who are also preparing for the exam and delve into the world of AP Microeconomics review together. By joining our Discord community, you can collaborate, exchange questions, discuss AP Microeconomics notes, and discuss any tricky problems with fellow AP Microeconomics students. Together, you can better understand challenging concepts, share helpful resources, and support each other on your way to getting a 5!

What is AP Microeconomics?

AP Microeconomics explores the economic principles that are applicable to the actions of individuals within an economic system. This course utilizes graphs, charts, and data to analyze, depict, and understand economic concepts through description and explanation. On this page, you’ll find AP Microeconomics resources to help you with your AP Microeconomics review.