Study individual markets and economic decision-making.
← Back to AP CoursesAP Microeconomics covers supply and demand, market structures, and consumer choice.
Notes, graphs, and summaries for AP Microeconomics.
You'll study the foundations of microeconomic thinking, including how to evaluate decisions based on constraints and trade-offs and make rational economic choices.
You'll learn the basis for understanding how markets work with an introduction to the supply and demand model.
You'll explore the factors that drive the behavior of companies and learn about the perfect competition model.
You'll learn how imperfectly competitive markets work and how game theory comes into play in economic models.
You'll learn how concepts such as supply and demand and marginal decision-making apply in the context of factor markets.
You'll examine the conditions under which markets may fail and the effects of government intervention in markets.