AP Microeconomics

Course scope

AP Microeconomics examines the decisions of consumers and firms, how prices form in markets and how resources are allocated. Supply and demand, production costs, types of competition, factor markets and market failures are the core topics.

Exam and assessment structure

The exam on 4 May 2027 lasts 2 hours 10 minutes and consists of 60 multiple-choice questions and 3 free-response questions (one long and two short). The multiple-choice section is worth about two-thirds and the free-response section about one-third. In the hybrid digital exam, free-response answers are written on paper. Students are expected to support economic reasoning with graphs and, where needed, calculations.

Preparation at Youprep Studio

In this course we start preparation by assessing the student’s prior knowledge and needs. We carry out topic work together with the relevant question and assessment types, and develop the student’s ability to apply knowledge and justify answers. We track progress with practice suited to the course structure and regular review, and update the study plan for the target exam session.

Current exam information