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AP Microeconomics

Unit 1: Basic Economic Concepts

1.2 Resource Allocation and Economic Systems

1.3 Production Possibilities Curve

1.4 Comparative Advantage and Trade

1.5 Cost-Benefit Analysis

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

Unit 1: Basic Economic Concepts

Syllabus: 2026
Section: —
Level: —

Exam analysis

Most tested topics

Scarcity
Resource Allocation and Economic Systems
Production Possibilities Curve
Comparative Advantage and Trade
Cost-Benefit Analysis
Marginal Analysis and Consumer Choice