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AP Microeconomics
Unit 1: Basic Economic Concepts
1.1 Scarcity
1.2 Resource Allocation and Economic Systems
1.3 Production Possibilities Curve
1.4 Comparative Advantage and Trade
1.5 Cost-Benefit Analysis
CBA-1.A—a. Define opportunity cost. b. Explain the opportunity costs associated with choices. c. Calculate the opportunity costs…
CBA-1.B—a. Explain a decision by comparing total benefits and total costs (using a table or a graph when appropriate). b. Calculate total…
1.6 Marginal Analysis and Consumer Choice
Unit 2: Supply and Demand
Unit 3: Production, Cost, and the Perfect Competition Model
Unit 4: Imperfect Competition
Unit 5: Factor Markets
Unit 6: Market Failure and the Role of Government
AP/Microeconomics/Concept//Unit 1: Basic Economic Concepts/1.5 Cost-Benefit Analysis/CBA-1.A—a. Define opportunity cost. b. Explain the opportunity costs associated with choices. c. Calculate the opportunity costs…

Unit 1: Basic Economic Concepts

Syllabus
2026
Section
—
Level
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Exam analysis

Most tested topics

  1. Scarcity
  2. Resource Allocation and Economic Systems
  3. Production Possibilities Curve
  4. Comparative Advantage and Trade
  5. Cost-Benefit Analysis
  6. Marginal Analysis and Consumer Choice