AP® Microeconomics Practice Test

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Unit 1: Basic Economic Concepts (119) 0
  • Scarcity 24 0
  • Resource allocation and economic systems 12 0
  • The Production Possibilities Curve 16 0
  • Comparative advantage and gains from trade 33 0
  • Cost-benefit analysis 12 0
  • Marginal analysis and consumer choice 22 0
Unit 2: Supply and Demand (116) 0
  • Demand 14 0
  • Supply 12 0
  • Elasticity 20 0
  • Market equilibrium; disequilibrium and changes in equilibrium 37 0
  • The effects of government intervention in markets 23 0
  • International trade and public policy 10 0
Unit 3: Production; Cost and the Perfect Competition Model (106) 0
  • The production function 14 0
  • Short- and long-run production costs 32 0
  • Types of profit 16 0
  • Profit maximization 24 0
  • Perfect competition 20 0
Unit 4: Imperfect Competition (75) 0
  • Monopoly 15 0
  • Price discrimination 12 0
  • Monopolistic competition 20 0
  • Oligopoly and game theory 28 0
Unit 5: Factor Markets (65) 0
  • Introduction to factor markets 12 0
  • Changes in factor demand and factor supply 19 0
  • Profit-maximizing behavior in perfectly competitive factor markets 23 0
  • Monopsonistic markets 11 0
Unit 6: Market Failure and the Role of Government (69) 0
  • Socially efficient and inefficient market outcomes 11 0
  • Externalities 21 0
  • Public and private goods 13 0
  • The effects of government intervention in different market structures 11 0
  • Income and wealth inequality 13 0
Prcatice by Year
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Previous Year Free Response Questions (0) 30
  • AP Microeconomics 2024 (0) 6
  • AP Microeconomics 2023 (0) 6
  • AP Microeconomics 2022 (0) 6
  • AP Microeconomics 2021 (0) 6
  • AP Microeconomics 2019 (0) 6