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AP Microeconomics
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- Course & Exam Description
- Revision Sheet
- Syllabus Checklist
- Scheme of Work
- Exam Technique
- Command Words — A3 poster
- Lesson Plans — one page per topic
- Class Mark Book
1. Basic Economic Concepts 21 files
Handouts
Presentation slides
Exercise walk-through slides
Vocabulary
Topic Quizzes
Exercise sheets
Past Paper Questions
Unit Tests
2. Supply and Demand 32 files
Handouts
Presentation slides
Exercise walk-through slides
- 2.1 Demand
- 2.2 Supply
- 2.3 Price Elasticity of Demand
- 2.4 Price Elasticity of Supply
- 2.5 Other Elasticities
- 2.6 Market Equilibrium and Consumer and Producer Surplus
- 2.7 Market Disequilibrium and Changes in Equilibrium
- 2.8 The Effects of Government Intervention in Markets
- 2.9 International Trade and Public Policy
Vocabulary
Topic Quizzes
Exercise sheets
- 2.1 Demand
- 2.2 Supply
- 2.3 Price Elasticity of Demand
- 2.4 Price Elasticity of Supply
- 2.5 Other Elasticities
- 2.6 Market Equilibrium and Consumer and Producer Surplus
- 2.7 Market Disequilibrium and Changes in Equilibrium
- 2.8 The Effects of Government Intervention in Markets
- 2.9 International Trade and Public Policy
Past Paper Questions
- 2.1 Demand
- 2.2 Supply
- 2.3 Price Elasticity of Demand
- 2.4 Price Elasticity of Supply
- 2.5 Other Elasticities
- 2.6 Market Equilibrium and Consumer and Producer Surplus
- 2.7 Market Disequilibrium and Changes in Equilibrium
- 2.8 The Effects of Government Intervention in Markets
- 2.9 International Trade and Public Policy
Unit Tests
3. Production, Cost, and the Perfect Competition Model 26 files
Presentation slides
Exercise walk-through slides
Topic Quizzes
Exercise sheets
Past Paper Questions
4. Imperfect Competition 20 files
Handouts
Presentation slides
Exercise walk-through slides
Vocabulary
Topic Quizzes
Exercise sheets
Past Paper Questions
Unit Tests
5. Factor Markets 16 files
Handouts
Presentation slides
Exercise walk-through slides
Vocabulary
Topic Quizzes
Exercise sheets
Past Paper Questions
Unit Tests
6. Market Failure and the Role of Government 18 files
Presentation slides
Exercise walk-through slides
Vocabulary
Topic Quizzes
Exercise sheets
Past Paper Questions
Unit Tests
2026 1 files
- 2026 Questions
- AP Microeconomics — Question index
- 1.3 The Production Possibilities Curve
- 1.4 Comparative Advantage and Gains from Trade
- 1.5 Cost-Benefit Analysis
- 1.6 Marginal Analysis and Consumer Choice
- 2.1 Demand
- 2.2 Supply
- 2.3 Price Elasticity of Demand
- 2.4 Price Elasticity of Supply
- 2.5 Other Elasticities
- 2.6 Market Equilibrium and Consumer and Producer Surplus
- 2.7 Market Disequilibrium and Changes in Equilibrium
- 2.8 The Effects of Government Intervention in Markets
- 2.9 International Trade and Public Policy
- 3.1 The Production Function
- 3.2 Short-Run Production Costs
- 3.3 Long-Run Production Costs
- 3.4 Types of Profit
- 3.5 Profit Maximization
- 3.6 Firms' Short-Run Decisions to Produce and Long-Run Decisions to Enter or Exit a Market
- 3.7 Perfect Competition
- 4.1 Introduction to Imperfectly Competitive Markets
- 4.2 Monopoly
- 4.3 Price Discrimination
- 4.4 Monopolistic Competition
- 4.5 Oligopoly and Game Theory
- 5.2 Changes in Factor Demand and Factor Supply
- 5.3 Profit-Maximizing Behavior in Perfectly Competitive Factor Markets
- 5.4 Monopsonistic Markets
- 6.1 Socially Efficient and Inefficient Market Outcomes
- 6.2 Externalities
- 6.4 The Effects of Government Intervention in Different Market Structures
Topic quizzes
- 1. Basic Economic Concepts
- 2. Supply and Demand
- 3. Production, Cost, and the Perfect Competition Model
- 4. Imperfect Competition
- 5. Factor Markets
- 6. Market Failure and the Role of Government
Unit tests
- 1. Basic Economic Concepts
- 2. Supply and Demand
- 3. Production, Cost, and the Perfect Competition Model
- 4. Imperfect Competition
- 5. Factor Markets
- 6. Market Failure and the Role of Government
Mock papers
Course companion
Glossary
Topic handouts
- 1.1 Scarcity
- 1.2 Resource Allocation and Economic Systems
- 1.3 The Production Possibilities Curve
- 1.4 Comparative Advantage and Gains from Trade
- 1.5 Cost-Benefit Analysis
- 1.6 Marginal Analysis and Consumer Choice
- 2.1 Demand
- 2.2 Supply
- 2.3 Price Elasticity of Demand
- 2.4 Price Elasticity of Supply
- 2.5 Other Elasticities
- 2.6 Market Equilibrium and Consumer and Producer Surplus
- 2.7 Market Disequilibrium and Changes in Equilibrium
- 2.8 The Effects of Government Intervention in Markets
- 2.9 International Trade and Public Policy
- 3.1 The Production Function
- 3.2 Short-Run Production Costs
- 3.3 Long-Run Production Costs
- 3.4 Types of Profit
- 3.5 Profit Maximization
- 3.6 Firms' Short-Run Decisions to Produce and Long-Run Decisions to Enter or Exit a Market
- 3.7 Perfect Competition
- 4.1 Introduction to Imperfectly Competitive Markets
- 4.2 Monopoly
- 4.3 Price Discrimination
- 4.4 Monopolistic Competition
- 4.5 Oligopoly and Game Theory
- 5.1 Introduction to Factor Markets
- 5.2 Changes in Factor Demand and Factor Supply
- 5.3 Profit-Maximizing Behavior in Perfectly Competitive Factor Markets
- 5.4 Monopsonistic Markets
- 6.1 Socially Efficient and Inefficient Market Outcomes
- 6.2 Externalities
- 6.3 Public and Private Goods
- 6.4 The Effects of Government Intervention in Different Market Structures
- 6.5 Inequality
Lesson slides
- 1. Basic Economic Concepts
- 2. Supply and Demand
- 3. Production, Cost, and the Perfect Competition Model
- 4. Imperfect Competition
- 5. Factor Markets
- 6. Market Failure and the Role of Government
Lesson slides
- 1.1 Scarcity
- 1.2 Resource Allocation and Economic Systems
- 1.3 The Production Possibilities Curve
- 1.4 Comparative Advantage and Gains from Trade
- 1.5 Cost-Benefit Analysis
- 1.6 Marginal Analysis and Consumer Choice
- 2.1 Demand
- 2.2 Supply
- 2.3 Price Elasticity of Demand
- 2.4 Price Elasticity of Supply
- 2.5 Other Elasticities
- 2.6 Market Equilibrium and Consumer and Producer Surplus
- 2.7 Market Disequilibrium and Changes in Equilibrium
- 2.8 The Effects of Government Intervention in Markets
- 2.9 International Trade and Public Policy
- 3.1 The Production Function
- 3.2 Short-Run Production Costs
- 3.3 Long-Run Production Costs
- 3.4 Types of Profit
- 3.5 Profit Maximization
- 3.6 Firms' Short-Run Decisions to Produce and Long-Run Decisions to Enter or Exit a Market
- 3.7 Perfect Competition
- 4.1 Introduction to Imperfectly Competitive Markets
- 4.2 Monopoly
- 4.3 Price Discrimination
- 4.4 Monopolistic Competition
- 4.5 Oligopoly and Game Theory
- 5.1 Introduction to Factor Markets
- 5.2 Changes in Factor Demand and Factor Supply
- 5.3 Profit-Maximizing Behavior in Perfectly Competitive Factor Markets
- 5.4 Monopsonistic Markets
- 6.1 Socially Efficient and Inefficient Market Outcomes
- 6.2 Externalities
- 6.3 Public and Private Goods
- 6.4 The Effects of Government Intervention in Different Market Structures
- 6.5 Inequality
Vocabulary lists
- 1. Basic Economic Concepts
- 2. Supply and Demand
- 3. Production, Cost, and the Perfect Competition Model
- 4. Imperfect Competition
- 5. Factor Markets
- 6. Market Failure and the Role of Government
Flashcards
Weekly vocab tests
- Week 1 · Topic 1 · Basic Economic Concepts
- Week 2 · Topics 1–2 · Basic Economic Concepts, Supply and Demand
- Week 3 · Topics 2–3 · Supply and Demand, Production, Cost, and the Perfect Competition Model
- Week 4 · Topics 3–4 · Production, Cost, and the Perfect Competition Model, Imperfect Competition
- Week 5 · Topics 4–6 · Imperfect Competition, Factor Markets, Market Failure and the Role of Government
- Week 6 · Topics 2–6 · Supply and Demand, Production, Cost, and the Perfect Competition Model, Market Failure and the Role of Government
Weekly homework
Exercise sheets
- Complete pack — exercise sheets + past papers
- 1 Basic Economic Concepts — Part 1
- 1 Basic Economic Concepts — Part 2
- 2 Supply and Demand — Part 1
- 2 Supply and Demand — Part 2
- 3 Production, Cost, and the Perfect Competition Model — Part 1
- 3 Production, Cost, and the Perfect Competition Model — Part 2
- 4 Imperfect Competition — Part 1
- 4 Imperfect Competition — Part 2
- 5 Factor Markets — Part 1
- 5 Factor Markets — Part 2
- 6 Market Failure and the Role of Government — Part 1
- 6 Market Failure and the Role of Government — Part 2
Past papers
- 1.3 The Production Possibilities Curve
- 1.4 Comparative Advantage and Gains from Trade
- 1.5 Cost-Benefit Analysis
- 1.6 Marginal Analysis and Consumer Choice
- 2.1 Demand
- 2.2 Supply
- 2.3 Price Elasticity of Demand
- 2.4 Price Elasticity of Supply
- 2.5 Other Elasticities
- 2.6 Market Equilibrium and Consumer and Producer Surplus
- 2.7 Market Disequilibrium and Changes in Equilibrium
- 2.8 The Effects of Government Intervention in Markets
- 2.9 International Trade and Public Policy
- 3.1 The Production Function
- 3.2 Short-Run Production Costs
- 3.3 Long-Run Production Costs
- 3.4 Types of Profit
- 3.5 Profit Maximization
- 3.6 Firms' Short-Run Decisions to Produce and Long-Run Decisions to Enter or Exit a Market
- 3.7 Perfect Competition
- 4.1 Introduction to Imperfectly Competitive Markets
- 4.2 Monopoly
- 4.3 Price Discrimination
- 4.4 Monopolistic Competition
- 4.5 Oligopoly and Game Theory
- 5.2 Changes in Factor Demand and Factor Supply
- 5.3 Profit-Maximizing Behavior in Perfectly Competitive Factor Markets
- 5.4 Monopsonistic Markets
- 6.1 Socially Efficient and Inefficient Market Outcomes
- 6.2 Externalities
- 6.4 The Effects of Government Intervention in Different Market Structures
Tips
Draw first, then write. Working the released questions this way builds the habit the exam rewards, and it usually makes the written explanation shorter and clearer too.
Label everything, every time — both axes, every curve, the initial and the new equilibrium. The scoring guidelines award these separately, and unlabelled work is treated as absent.
Check what the question asks you to show. "Show the effect on price and quantity" wants both marked on the diagram, not described underneath it.