AP Microeconomics

Master demand, supply, market structures, and decision-making at the individual firm level.

📚 6 units🤖 AI-guided support✅ Practice questions included

Course Units

2025–26 College Board CED

Basic Economic Concepts6–10% of exam

1.1

Scarcity, Opportunity Cost, and Marginal Analysis

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1.2

Supply, Demand, and Market Equilibrium

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Supply and Demand20–25% of exam

2.1

Elasticity — Price, Income, and Cross-Price

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2.2

Consumer Surplus, Producer Surplus, and Efficiency

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2.3

Government Interventions — Taxes, Subsidies, Price Controls

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Production, Cost, and the Perfect Competition Model22–30% of exam

3.1

Production and Costs in the Short Run

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3.2

Perfect Competition — Short-Run and Long-Run Equilibrium

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3.3

Shutdown and Break-Even Decisions

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Imperfect Competition15–22% of exam

4.1

Monopoly — Market Power and Inefficiency

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4.2

Monopolistic Competition — Differentiation and Long Run

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4.3

Oligopoly — Game Theory and Strategic Behavior

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Factor Markets10–13% of exam

5.1

Labor Markets — MRP and Wage Determination

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Market Failure and the Role of Government8–13% of exam

6.1

Externalities and Public Goods

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