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AP Microeconomics
Unit 1: Basic Economic Concepts
Unit 2: Supply and Demand
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
MKT-4.B—a. Define a surplus and shortage. b. Explain (using graphs where appropriate) how changes in underlying conditions and shocks to a…
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/2.7 Market Disequilibrium and Changes in Equilibrium/MKT-4.B—a. Define a surplus and shortage. b. Explain (using graphs where appropriate) how changes in underlying conditions and shocks to a…

Unit 2: Supply and Demand

Syllabus
2026
Section
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Level
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Exam analysis

Most tested topics

  1. Demand
  2. Supply
  3. Price Elasticity of Demand
  4. Price Elasticity of Supply
  5. Other Elasticities
  6. Market Equilibrium and Consumer and Producer Surplus
  7. Market Disequilibrium and Changes in Equilibrium
  8. The Effects of Government Intervention in Markets
  9. International Trade and Public Policy