AP Microeconomics
Learn all about the course and exam. Already enrolled? Join your class in My AP.
Learn all about the course and exam. Already enrolled? Join your class in My AP.
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Study the principles of economics that apply to the behavior of individuals within an economic system. You’ll use graphs, charts, and data to analyze, describe, and explain economic concepts.
Define economic principles and models
Explain given economic outcomes
Determine outcomes of specific economic situations
Model economic situations using graphs or visual representations
A one-semester, introductory college course in microeconomics.
None
Fri, May 5, 2023,
12 PM Local
This is the regularly scheduled date for the AP Microeconomics Exam.
The course content outlined below is organized into commonly taught units of study that provide one possible sequence for the course. Your teacher may choose to organize the course content differently based on local priorities and preferences.
You’ll study the foundations of microeconomic thinking, including how to evaluate decisions based on constraints and trade-offs and make rational economic choices.
Topics may include:
12%–15% of exam score
You’ll learn the basis for understanding how markets work with an introduction to the supply and demand model.
Topics may include:
20%–25% of exam score
You’ll explore the factors that drive the behavior of companies and learn about the perfect competition model.
Topics may include:
22%–25% of exam score
You’ll learn how imperfectly competitive markets work and how game theory comes into play in economic models.
Topics may include:
15%–22% of exam score
You’ll learn how concepts such as supply and demand and marginal decision-making apply in the context of factor markets.
Topics may include:
10%–13% of exam score
You’ll examine the conditions under which markets may fail and the effects of government intervention in markets.
Topics may include:
8%–13% of exam score
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AP Microeconomics Course and Exam Description
This is the core document for the course. It clearly lays out the course content and describes the exam and AP Program in general. The CED was updated in the summer of 2022 to incorporate the change to the calculator policy for the exam.
AP Microeconomics can lead to a wide range of careers and college majors