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AP Microeconomics
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Downloads
- Course & Exam Description 2-up
- Revision Sheet 2-up
- Syllabus Checklist 2-up
- Scheme of Work
- Exam Technique 2-up
- Command Words — A3 poster
- Lesson Plans — one page per topic 2-up
- Class Mark Book
1. Basic Economic Concepts 21 files
Handouts
Presentation slides
Exercise walk-through slides
- 1.1 Scarcity
- 1.2 Resource Allocation and Economic Systems
- 1.3 The Production Possibilities Curve Past-paper walk-through
- 1.4 Comparative Advantage and Gains from Trade Past-paper walk-through
- 1.5 Cost-Benefit Analysis Past-paper walk-through
- 1.6 Marginal Analysis and Consumer Choice Past-paper walk-through
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 Past-paper walk-through
- 2.2 Supply Past-paper walk-through
- 2.3 Price Elasticity of Demand Past-paper walk-through
- 2.4 Price Elasticity of Supply Past-paper walk-through
- 2.5 Other Elasticities Past-paper walk-through
- 2.6 Market Equilibrium and Consumer and Producer Surplus Past-paper walk-through
- 2.7 Market Disequilibrium and Changes in Equilibrium Past-paper walk-through
- 2.8 The Effects of Government Intervention in Markets Past-paper walk-through
- 2.9 International Trade and Public Policy Past-paper walk-through
Vocabulary
Topic Quizzes
Exercise sheets
- 2.1 Demand 2-up
- 2.2 Supply 2-up
- 2.3 Price Elasticity of Demand 2-up
- 2.4 Price Elasticity of Supply 2-up
- 2.5 Other Elasticities 2-up
- 2.6 Market Equilibrium and Consumer and Producer Surplus 2-up
- 2.7 Market Disequilibrium and Changes in Equilibrium 2-up
- 2.8 The Effects of Government Intervention in Markets 2-up
- 2.9 International Trade and Public Policy 2-up
Past Paper Questions
- 2.1 Demand 2-upAnswers2-up
- 2.2 Supply 2-upAnswers2-up
- 2.3 Price Elasticity of Demand 2-upAnswers2-up
- 2.4 Price Elasticity of Supply 2-upAnswers2-up
- 2.5 Other Elasticities 2-upAnswers2-up
- 2.6 Market Equilibrium and Consumer and Producer Surplus 2-upAnswers2-up
- 2.7 Market Disequilibrium and Changes in Equilibrium 2-upAnswers2-up
- 2.8 The Effects of Government Intervention in Markets 2-upAnswers2-up
- 2.9 International Trade and Public Policy 2-upAnswers2-up
Unit Tests
3. Production, Cost, and the Perfect Competition Model 26 files
Presentation slides
Exercise walk-through slides
- 3.1 The Production Function Past-paper walk-through
- 3.2 Short-Run Production Costs Past-paper walk-through
- 3.3 Long-Run Production Costs Past-paper walk-through
- 3.4 Types of Profit Past-paper walk-through
- 3.5 Profit Maximization Past-paper walk-through
- 3.6 Firms' Short-Run Decisions to Produce and Long-Run Decisions to Enter or Exit a Market Past-paper walk-through
- 3.7 Perfect Competition Past-paper walk-through
Topic Quizzes
Exercise sheets
Past Paper Questions
- 3.1 The Production Function 2-upAnswers2-up
- 3.2 Short-Run Production Costs 2-upAnswers2-up
- 3.3 Long-Run Production Costs 2-upAnswers2-up
- 3.4 Types of Profit 2-upAnswers2-up
- 3.5 Profit Maximization 2-upAnswers2-up
- 3.6 Firms' Short-Run Decisions to Produce and Long-Run Decisions to Enter or Exit a Market 2-upAnswers2-up
- 3.7 Perfect Competition 2-upAnswers2-up
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
- AP Microeconomics — Question index 2-up
- 1.3 The Production Possibilities Curve 2-upAnswers2-up
- 1.4 Comparative Advantage and Gains from Trade 2-upAnswers2-up
- 1.5 Cost-Benefit Analysis 2-upAnswers2-up
- 1.6 Marginal Analysis and Consumer Choice 2-upAnswers2-up
- 2.1 Demand 2-upAnswers2-up
- 2.2 Supply 2-upAnswers2-up
- 2.3 Price Elasticity of Demand 2-upAnswers2-up
- 2.4 Price Elasticity of Supply 2-upAnswers2-up
- 2.5 Other Elasticities 2-upAnswers2-up
- 2.6 Market Equilibrium and Consumer and Producer Surplus 2-upAnswers2-up
- 2.7 Market Disequilibrium and Changes in Equilibrium 2-upAnswers2-up
- 2.8 The Effects of Government Intervention in Markets 2-upAnswers2-up
- 2.9 International Trade and Public Policy 2-upAnswers2-up
- 3.1 The Production Function 2-upAnswers2-up
- 3.2 Short-Run Production Costs 2-upAnswers2-up
- 3.3 Long-Run Production Costs 2-upAnswers2-up
- 3.4 Types of Profit 2-upAnswers2-up
- 3.5 Profit Maximization 2-upAnswers2-up
- 3.6 Firms' Short-Run Decisions to Produce and Long-Run Decisions to Enter or Exit a Market 2-upAnswers2-up
- 3.7 Perfect Competition 2-upAnswers2-up
- 4.1 Introduction to Imperfectly Competitive Markets 2-upAnswers2-up
- 4.2 Monopoly 2-upAnswers2-up
- 4.3 Price Discrimination 2-upAnswers2-up
- 4.4 Monopolistic Competition 2-upAnswers2-up
- 4.5 Oligopoly and Game Theory 2-upAnswers2-up
- 5.2 Changes in Factor Demand and Factor Supply 2-upAnswers2-up
- 5.3 Profit-Maximizing Behavior in Perfectly Competitive Factor Markets 2-upAnswers2-up
- 5.4 Monopsonistic Markets 2-upAnswers2-up
- 6.1 Socially Efficient and Inefficient Market Outcomes 2-upAnswers2-up
- 6.2 Externalities 2-upAnswers2-up
- 6.4 The Effects of Government Intervention in Different Market Structures 2-upAnswers2-up
Topic quizzes
- 1. Basic Economic Concepts 2-up
- 2. Supply and Demand 2-up
- 3. Production, Cost, and the Perfect Competition Model 2-up
- 4. Imperfect Competition 2-up
- 5. Factor Markets 2-up
- 6. Market Failure and the Role of Government 2-up
Unit tests
- 1. Basic Economic Concepts 2-upAnswers2-up
- 2. Supply and Demand 2-upAnswers2-up
- 3. Production, Cost, and the Perfect Competition Model 2-upAnswers2-up
- 4. Imperfect Competition 2-upAnswers2-up
- 5. Factor Markets 2-upAnswers2-up
- 6. Market Failure and the Role of Government 2-upAnswers2-up
Mock papers
Course companion
Glossary
Topic handouts
- 1.1 Scarcity 2-up
- 1.2 Resource Allocation and Economic Systems 2-up
- 1.3 The Production Possibilities Curve 2-up
- 1.4 Comparative Advantage and Gains from Trade 2-up
- 1.5 Cost-Benefit Analysis 2-up
- 1.6 Marginal Analysis and Consumer Choice 2-up
- 2.1 Demand 2-up
- 2.2 Supply 2-up
- 2.3 Price Elasticity of Demand 2-up
- 2.4 Price Elasticity of Supply 2-up
- 2.5 Other Elasticities 2-up
- 2.6 Market Equilibrium and Consumer and Producer Surplus 2-up
- 2.7 Market Disequilibrium and Changes in Equilibrium 2-up
- 2.8 The Effects of Government Intervention in Markets 2-up
- 2.9 International Trade and Public Policy 2-up
- 3.1 The Production Function 2-up
- 3.2 Short-Run Production Costs 2-up
- 3.3 Long-Run Production Costs 2-up
- 3.4 Types of Profit 2-up
- 3.5 Profit Maximization 2-up
- 3.6 Firms' Short-Run Decisions to Produce and Long-Run Decisions to Enter or Exit a Market 2-up
- 3.7 Perfect Competition 2-up
- 4.1 Introduction to Imperfectly Competitive Markets 2-up
- 4.2 Monopoly 2-up
- 4.3 Price Discrimination 2-up
- 4.4 Monopolistic Competition 2-up
- 4.5 Oligopoly and Game Theory 2-up
- 5.1 Introduction to Factor Markets 2-up
- 5.2 Changes in Factor Demand and Factor Supply 2-up
- 5.3 Profit-Maximizing Behavior in Perfectly Competitive Factor Markets 2-up
- 5.4 Monopsonistic Markets 2-up
- 6.1 Socially Efficient and Inefficient Market Outcomes 2-up
- 6.2 Externalities 2-up
- 6.3 Public and Private Goods 2-up
- 6.4 The Effects of Government Intervention in Different Market Structures 2-up
- 6.5 Inequality 2-up
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 Past-paper walk-through
- 1.4 Comparative Advantage and Gains from Trade Past-paper walk-through
- 1.5 Cost-Benefit Analysis Past-paper walk-through
- 1.6 Marginal Analysis and Consumer Choice Past-paper walk-through
- 2.1 Demand Past-paper walk-through
- 2.2 Supply Past-paper walk-through
- 2.3 Price Elasticity of Demand Past-paper walk-through
- 2.4 Price Elasticity of Supply Past-paper walk-through
- 2.5 Other Elasticities Past-paper walk-through
- 2.6 Market Equilibrium and Consumer and Producer Surplus Past-paper walk-through
- 2.7 Market Disequilibrium and Changes in Equilibrium Past-paper walk-through
- 2.8 The Effects of Government Intervention in Markets Past-paper walk-through
- 2.9 International Trade and Public Policy Past-paper walk-through
- 3.1 The Production Function Past-paper walk-through
- 3.2 Short-Run Production Costs Past-paper walk-through
- 3.3 Long-Run Production Costs Past-paper walk-through
- 3.4 Types of Profit Past-paper walk-through
- 3.5 Profit Maximization Past-paper walk-through
- 3.6 Firms' Short-Run Decisions to Produce and Long-Run Decisions to Enter or Exit a Market Past-paper walk-through
- 3.7 Perfect Competition Past-paper walk-through
- 4.1 Introduction to Imperfectly Competitive Markets Past-paper walk-through
- 4.2 Monopoly Past-paper walk-through
- 4.3 Price Discrimination Past-paper walk-through
- 4.4 Monopolistic Competition Past-paper walk-through
- 4.5 Oligopoly and Game Theory Past-paper walk-through
- 5.1 Introduction to Factor Markets
- 5.2 Changes in Factor Demand and Factor Supply Past-paper walk-through
- 5.3 Profit-Maximizing Behavior in Perfectly Competitive Factor Markets Past-paper walk-through
- 5.4 Monopsonistic Markets Past-paper walk-through
- 6.1 Socially Efficient and Inefficient Market Outcomes Past-paper walk-through
- 6.2 Externalities Past-paper walk-through
- 6.3 Public and Private Goods
- 6.4 The Effects of Government Intervention in Different Market Structures Past-paper walk-through
- 6.5 Inequality
Vocabulary lists
- 1. Basic Economic Concepts 2-up
- 2. Supply and Demand 2-up
- 3. Production, Cost, and the Perfect Competition Model 2-up
- 4. Imperfect Competition 2-up
- 5. Factor Markets
- 6. Market Failure and the Role of Government 2-up
Flashcards
Weekly vocab tests
- Week 1 · Topic 1 · Basic Economic Concepts 2-upAnswer key
- Week 2 · Topics 1–2 · Basic Economic Concepts, Supply and Demand 2-upAnswer key
- Week 3 · Topics 2–3 · Supply and Demand, Production, Cost, and the Perfect Competition Model 2-upAnswer key
- Week 4 · Topics 3–4 · Production, Cost, and the Perfect Competition Model, Imperfect Competition 2-upAnswer key
- Week 5 · Topics 4–6 · Imperfect Competition, Factor Markets, Market Failure and the Role of Government 2-upAnswer key
- Week 6 · Topics 2–6 · Supply and Demand, Production, Cost, and the Perfect Competition Model, Market Failure and the Role of Government 2-upAnswer key
Weekly homework
- Week 1 2-up
- Week 5 2-up
- Week 6
- Week 12 2-up
- Week 13
- Week 18 2-up
- Week 19
- Week 23
- Week 24 2-up
- Week 27 2-up
Exercise sheets
- Complete pack — exercise sheets + past papers 2-up
- 1 Basic Economic Concepts — Part 1 2-upAnswer key
- 1 Basic Economic Concepts — Part 2 2-upAnswer key
- 2 Supply and Demand — Part 1 2-upAnswer key
- 2 Supply and Demand — Part 2 2-upAnswer key
- 3 Production, Cost, and the Perfect Competition Model — Part 1 2-upAnswer key
- 3 Production, Cost, and the Perfect Competition Model — Part 2 2-upAnswer key
- 4 Imperfect Competition — Part 1 2-upAnswer key
- 4 Imperfect Competition — Part 2 2-upAnswer key
- 5 Factor Markets — Part 1 2-upAnswer key
- 5 Factor Markets — Part 2 2-upAnswer key
- 6 Market Failure and the Role of Government — Part 1 2-upAnswer key
- 6 Market Failure and the Role of Government — Part 2 2-upAnswer key
Past papers
- 1.3 The Production Possibilities Curve Answers
- 1.4 Comparative Advantage and Gains from Trade Answers
- 1.5 Cost-Benefit Analysis Answers
- 1.6 Marginal Analysis and Consumer Choice Answers
- 2.1 Demand Answers
- 2.2 Supply Answers2-up
- 2.3 Price Elasticity of Demand Answers2-up
- 2.4 Price Elasticity of Supply Answers
- 2.5 Other Elasticities Answers2-up
- 2.6 Market Equilibrium and Consumer and Producer Surplus Answers2-up
- 2.7 Market Disequilibrium and Changes in Equilibrium Answers2-up
- 2.8 The Effects of Government Intervention in Markets Answers2-up
- 2.9 International Trade and Public Policy Answers
- 3.1 The Production Function Answers
- 3.2 Short-Run Production Costs Answers
- 3.3 Long-Run Production Costs Answers
- 3.4 Types of Profit Answers2-up
- 3.5 Profit Maximization Answers2-up
- 3.6 Firms' Short-Run Decisions to Produce and Long-Run Decisions to Enter or Exit a Market Answers2-up
- 3.7 Perfect Competition Answers2-up
- 4.1 Introduction to Imperfectly Competitive Markets Answers2-up
- 4.2 Monopoly Answers2-up
- 4.3 Price Discrimination Answers2-up
- 4.4 Monopolistic Competition Answers
- 4.5 Oligopoly and Game Theory Answers
- 5.2 Changes in Factor Demand and Factor Supply Answers2-up
- 5.3 Profit-Maximizing Behavior in Perfectly Competitive Factor Markets Answers
- 5.4 Monopsonistic Markets Answers
- 6.1 Socially Efficient and Inefficient Market Outcomes Answers2-up
- 6.2 Externalities Answers2-up
- 6.4 The Effects of Government Intervention in Different Market Structures Answers2-up
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.