AP Microeconomics: Practice Questions, Units, and Exam Format
Supply and demand, production, market structures, and factor markets. See exactly what is on the exam, unit by unit, and practise it with a tutor that adapts to you.
Exam format
| Section | Questions | Time | Share of score |
|---|---|---|---|
| Section I: Multiple Choice | 60 | 1 hr 10 min | 66.65% |
| Section II: Free Response | 3 | 1 hr | 33.35% |
Units and exam weights
| Unit | Exam weight | Topics covered |
|---|---|---|
| Basic Economic Concepts | 12 to 15% | Scarcity, Resource Allocation and Economic Systems, Production Possibilities Curve, Comparative Advantage and Trade, Cost-Benefit Analysis, Marginal Analysis and Consumer Choice |
| Supply and Demand | 20 to 25% | Demand, Supply, Price Elasticity of Demand, Price Elasticity of Supply, Other Elasticities, Market Equilibrium and Consumer and Producer Surplus |
| Production, Cost, and the Perfect Competition Model | 22 to 25% | The Production Function, Short-Run Production Costs, Long-Run Production Costs, Types of Profit, Profit Maximization, Firms' Short-Run Decisions to Produce and Long-Run Decisions to Enter or Exit a Market |
| Imperfect Competition | 15 to 22% | Introduction to Imperfectly Competitive Markets, Monopoly, Price Discrimination, Monopolistic Competition, Oligopoly and Game Theory |
| Factor Markets | 10 to 13% | Introduction to Factor Markets, Changes in Factor Demand and Factor Supply, Profit-Maximizing Behavior in Perfectly Competitive Factor Markets, Monopsonistic Markets |
| Market Failure and the Role of Government | 8 to 13% | Socially Efficient and Inefficient Market Outcomes, Externalities, Public and Private Goods, The Effects of Government Intervention in Different Market Structures, Inequality |
How Kalyta teaches AP Microeconomics
Practice that adapts to you, an explanation for every answer, and a full rehearsal before the real thing. You spend your time on the units that move your score instead of the ones you have already got.
- Adaptive practice. Questions are picked around your current level, so you are always working just past what you can already do.
- Every answer explained. See why the right answer is right and why each other choice is wrong, with figures and step by step reasoning.
- An AI tutor you can steer. Ask why something works, ask for another example, or tell it to slow down and teach the idea from the start.
- Full exam rehearsals. Sit the real format under real timing and get a predicted score, so test day feels like something you have already done.
- Progress you can see. Watch your readiness climb unit by unit, and know what is solid before you walk in.
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