AP Microeconomics Classes Online
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AP Microeconomics Structure
60 questions 1hr 10mins 66% of Score
Questions require the use of economics content knowledge and reasoning across the range of course topics and skills. You’ll be asked to:
- Define economic principles and models
- Explain given economic outcomes
- Determine the outcomes of specific economic situations
Free Response
3 questions 1hr 33% of Score
The 60-minute time limit for this section includes a 10-minute reading period.
- 1 long free-response question (50% of section score)
- 2 short free-response questions (each worth 25% of the section score)
You’ll be asked to:
- Make assertions about economic concepts, principles, models, outcomes, and/or effects
- Explain economic concepts, principles, models, outcomes, and/or effects
- Perform numerical analysis and calculations
- Create graphs or visual representations
- Answer questions about given graphs and visuals
Course Content
The AP Microeconomics Exam will assess your understanding of the course's economic concepts as well as your ability to define economic principles and models, explain given economic outcomes, determine the outcomes of specific economic situations, and model economic situations using graphs or visual representations.
A four-function calculator may be used on both sections of the exam beginning with the 2023 exam.
Basic Economic Concepts
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:
- Scarcity
- Resource allocation and economic systems
- The Production Possibilities Curve
- Comparative advantage and gains from trade
- Cost-benefit analysis
- Marginal analysis and consumer choice
On The Exam
12%–15% of exam score
Supply and Demand
You’ll learn the basis for understanding how markets work with an introduction to the supply and demand model.
Topics may include:
- Demand
- Supply
- Elasticity
- Market equilibrium, disequilibrium, and changes in equilibrium
- The effects of government intervention in markets
- International trade and public policy
On The Exam
20%–25% of exam score
Production, Cost, and the Perfect Competition Model
You’ll explore the factors that drive the behavior of companies and learn about the perfect competition model.
Topics may include:
- The production function
- Short- and long-run production costs
- Types of profit
- Profit maximization
- Perfect competition
On The Exam
22%–25% of exam score
Imperfect Competition
You’ll learn how imperfectly competitive markets work and how game theory comes into play in economic models.
Topics may include:
- Monopoly
- Price discrimination
- Monopolistic competition
- Oligopoly and game theory
On The Exam
15%–22% of exam score
Factor Markets
You’ll learn how concepts such as supply and demand and marginal decision-making apply in the context of factor markets.
Topics may include:
- Introduction to factor markets
- Changes in factor demand and factor supply
- Profit-maximizing behavior in perfectly competitive factor markets
- Monopsonistic markets
On The Exam
10%–13% of exam score
Market Failure and the Role of Government
You’ll examine the conditions under which markets may fail and the effects of government intervention in markets.
Topics may include:
- Socially efficient and inefficient market outcomes
- Externalities
- Public and private goods
- The effects of government intervention in different market structures
- Income and wealth inequality
On The Exam
8%–13% of exam score
Why us for your AP Microeconomics Classes?
At EduShaale, we take immense pride in our commitment to providing a truly personalized and 1:1 learning experience for each student. Our approach ensures that you receive not just education but individualized attention, targeted guidance, and a learning journey tailored specifically to your unique needs and pace.
Embark on a journey of comprehensive coverage of AP Microeconomics concepts with our program, featuring over 20+ hours of dedicated instruction. Immerse yourself in the subject matter, master essential topics, and build a robust foundation that goes beyond conventional teaching methods.
Recognizing that every student has a unique learning pace, our classes are meticulously paced according to your individual needs. This flexibility empowers you to grasp concepts thoroughly, ensuring a comfortable progression through the curriculum.
Homework assignments form an integral part of our program. Upon completing each unit, engaging homework is provided to reinforce your understanding and allow you to apply the knowledge acquired in a practical context.
We are unwavering in our commitment to ensuring that your doubts and questions are promptly addressed. Benefit from our unlimited doubt classes, providing you with ample opportunities to seek clarification and bolster your confidence in your understanding of the subject.
This invaluable opportunity allows you to analyze your performance, gain insights into your mistakes, and refine your test-taking strategies under expert guidance.
Collaboration among educators, students, and parents is pivotal for academic success. Experience the benefits of regular Parent-Teacher Meetings, where we discuss your progress, share insights, and address any concerns. This collaborative approach creates a supportive learning environment that goes beyond the ordinary.
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