AP Microeconomics


This is a directory of the highest quality free Internet resources for your AP Microeconomics exam review. We have identified the best AP Microeconomics practice tests, and we provide links and descriptions for each of them. We also link to the best websites for AP Microeconomics free response questions, multiple choice, notes, outlines, flash cards and study guides.

AP Microeconomics Practice Exams

Learnerator Micro Questions.  One of the largest collections AP Microeconomics practice tests that’s available online. The questions are organized by topic, so you can focus on the exact areas that you need to learn.

College Board 1995 Exam.  This is the actual exam from 1995. It was released by the College Board to help students prepare for their test. Working through this is a great way to prep for your exam.

Principles of Micro Chapter Tests.  AP Microeconomics practice tests for each of the 18 chapters in Taylor’s Principles of Microeconomics textbook (6th Edition). To access the quiz questions, first select the chapter you want from the drop-down menu and then click on “Interactive Quiz”.

Mankiw’s Principles of Microeconomics.  Chapter quizzes for all 22 chapters of the Principles of Microeconomics textbook by Gregory Mankiw (4th edition). Select the chapter you want from the menu and then click on “Tutorial Quiz”.

Textbook Quizzes.  Excellent online chapter tests for the 19th edition of Economics by McConnell, Brue, and Flynn. Choose a chapter and click on “quiz”. Be sure to check the Table of Contents to find topic you want to review.

Varsity Tutors. This site has a nice collection of AP Microeconomics multiple choice questions. They are organized by topic and rated for difficulty.

Terms Flashcards and Exam Prep Flashcards  These AP Micro flashcards from Quizlet will help you review hundred of important vocabulary terms.

Welker’s Flashcards.  These flash cards cover 115 key terms.

AP Microeconomics Notes

Textbook Notes.  This awesome set of AP Microeconomics notes by Peggy Pride is based on the McConnell and Brue textbook. Includes 80 pages of great review material.

Exam Study Guide.  This 18 page set of AP Micro notes from Jason Welker is definitely worth reviewing. Covers all the major topics and includes graphs. Great cram packet!

Micro Cue Cards.  This 4 page PDF is a super-condensed study guide. Packed full of charts, graphs, formulas, and definitions. Perfect for that last minute review.

Graph Video.  Every graph you need to know for your exam. This 3 minute video covers the most important microeconomics graphs.

AP Microeconomics Free Response

Previous Questions.  This page has all the AP Microeconomics free response questions that were on the exams from 1999 to 2014. Questions, scoring guidelines, sample responses, and score distributions.

AP Microeconomics Videos

ACDC Leadership.  A huge set of YouTube lecture videos from Mr. Clifford. Dozens of videos that are grouped into the 6 units of AP Micro. If you didn’t quite understand a concept from class, this is a great way to review it at home.

Economics Classroom.  Another great set of economics videos, this one from Jason Welker. Clear explanations with graphs and examples.

Highest-Rated AP Micro Study Guides from Amazon

AP Microeconomics Crash Course.If you’re crunched for time, you can’t beat the Crash Course study guides. This AP Microeconomics study guide goes a great job covering all the important topics as concisely as possible, and includes a review of the most important vocabulary terms. Also includes access to an online practice test.

Barron’s AP Microeconomics/Macroeconomics, 4th Edition. This AP Economics study guide from Barron’s gets great reviews and covers both Micro and Macro. The book includes a thorough review of the key subjects, excellent test-taking strategies, and 2 full-length practice exams.

Cracking the AP Economics Macro & Micro Exams, 2015 Edition. Another good option for a study guide that covers Micro & Macro. Expert subject reviews, testing strategies, detailed explanations, and 2 full-length practice exams.

About the Exam


The AP Microeconomics course focuses on the economic principles which apply to individual decision makers within an economic system. These decision makers include both producers and consumers. Emphasis is placed on the study of product markets, factor markets, and the role of government in promoting equity and efficiency within the economy. The class begins with a look at basic economic concepts and moves on to the function and nature of product markets, which is the major focus of this course. The final topics are factor markets, market failure, and the role of government.

The AP Microeconomics Exam format is:
Multiple-Choice (70 minutes, two-thirds of final grade)
-60 multiple choice questions
AP Microeconomics Free-Response (60 minutes including a 10 minute reading period, one-third of final grade)
-1 long free-response essay question
-2 short free-response essay questions

The college board recommends that students spend half their time on the long essay question and split their remaining time equally on the two short questions. The long question will generally involve several related content areas and the shorter ones will focus on a single area. Answers must demonstrate an understanding of general microeconomics principles and need to be well organized with clear explanations.  Diagrams and graphs may be required as part of the answer, and must be correctly labeled. Certain questions may also require graphical interpretation and analysis.

When is the AP Microeconomics Exam?
The AP Microeconomics exam date for the 2014/2015 school year is Friday, May 15th 2015 at 8 a.m. The test is only offered once per year.