AP Microeconomics
High school students preparing for the AP Microeconomics exam.
AP Microeconomics examines how individual markets, consumers, and firms make decisions and how those decisions interact to determine prices and output. This course organizes lessons around supply and demand, consumer and producer behavior, and the different market structures firms operate within, with consistent attention to the graphs the exam uses to represent these relationships. Lessons build gradually from basic market analysis toward more complex models like monopoly and factor markets, giving students a chance to practice each concept before moving forward. Regular practice reinforces both graphing skills and economic reasoning.
- Suitability
- Typically taken in grades 11 through 12, for students age 13 and older.
- Delivery format
- 100% online, self-paced with scheduled live webinars
- Modules
- 7
- Practice activities
- Included
- Mock examinations
- Included
- Instructor webinars
- Included
Course modules
Each lesson introduces an economic concept and then shows how to represent it graphically, since interpreting and drawing graphs is central to how the exam tests understanding. Students move through lessons at their own pace and can revisit graphing practice whenever needed.
Basic economic concepts
Scarcity, opportunity cost, and the production possibilities model.
Supply, demand, and market equilibrium
How supply and demand interact to set prices and quantities in a market.
Elasticity
Measuring how responsive quantity demanded or supplied is to changes in price or income.
Consumer and producer theory
Utility maximization for consumers and cost and production decisions for firms.
Market structures
Perfect competition, monopoly, monopolistic competition, and oligopoly.
Factor markets
How firms determine demand for labor and other resources.
Market failure and the role of government
Externalities, public goods, and situations where markets do not allocate resources efficiently.
Practice format
Practice activities include graphing exercises for each market structure and short scenario questions that ask students to predict how a specific change affects price and quantity.
Mock exam format
Mock examinations are structured to reflect the general format and pacing of the real AP Microeconomics exam, including multiple-choice questions and free-response items that require drawn and labeled graphs.
Webinar format
Weekly live webinars led by an AP Microeconomics Instructor walk through market structure comparisons and graphing practice, with time set aside for student questions.
Written questions
Students can submit questions about specific graphs, models, or market scenarios through the platform at any time and receive responses through private platform messages, without needing to appear on camera.
Included with these plans
Guided
Adds mock exams, instructor webinars, and written questions for one selected course.
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About AP Microeconomics
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