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AP Microeconomics

Unit 1: Basic Economic Concepts

Unit 2: Supply and Demand

MKT-3.A—a. Define (using graphs as appropriate) key terms and factors related to consumer decision making and the law of demand. b.…

MKT-3.B—Explain (using graphs as appropriate) buyers’ responses to changes in incentives and constraints

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 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 2: Supply and Demand/2.1 Demand/MKT-3.B—Explain (using graphs as appropriate) buyers’ responses to changes in incentives and constraints

Unit 2: Supply and Demand

Syllabus: 2026
Section: —
Level: —

Exam analysis

Most tested topics

Demand
Supply
Price Elasticity of Demand
Price Elasticity of Supply
Other Elasticities
Market Equilibrium and Consumer and Producer Surplus
Market Disequilibrium and Changes in Equilibrium
The Effects of Government Intervention in Markets
International Trade and Public Policy