AP Microeconomics curriculum & tutors

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A complete AP Microeconomics sequence covering scarcity, comparative advantage, supply and demand, elasticity, firm behavior, market structures, factor markets, market failure, and government policy.

6 public curriculum units1 tutor availableAlways Free
AP Microeconomics / introductory college microeconomics

AP Microeconomics curriculum

A complete AP Microeconomics sequence covering scarcity, comparative advantage, supply and demand, elasticity, firm behavior, market structures, factor markets, market failure, and government policy.

Pacing
6 units, 18-28 weeks self-paced
Units
6 unit sequence
Practice
480 checked answers
Support
Self-paced or tutor-guided
Outcomes
  • Define, calculate, graph, and explain microeconomic models with consistent labels and causal reasoning.
  • Determine how consumers, firms, and governments respond to changing incentives and constraints.
  • Write AP-ready responses that connect graphs, calculations, and economic conclusions.

Khan Academy companion links

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Unit sequence

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  1. 01

    Basic economic concepts

    • Use scarcity, opportunity cost, production possibilities, comparative advantage, and gains from trade.
    • Apply marginal analysis and consumer-choice reasoning.

    Practice: Solve an opportunity-cost and comparative-advantage set, then explain the gains from specialization and trade.

  2. 02

    Supply and demand

    • Analyze demand, supply, equilibrium, elasticity, surplus, taxes, subsidies, price controls, and trade.
    • Distinguish shifts from movements along curves.

    Practice: Draw and narrate a market change with correct curve shifts, new equilibrium, welfare effects, and policy consequences.

  3. 03

    Production, cost, and perfect competition

    • Use production functions, marginal product, short- and long-run costs, revenue, and profit.
    • Analyze shutdown, break-even, entry, exit, and perfect competition.

    Practice: Complete a firm graph and calculation set that identifies output, profit or loss, shutdown status, and long-run adjustment.

  4. 04

    Imperfect competition

    • Compare monopoly, price discrimination, monopolistic competition, oligopoly, and game theory.
    • Analyze efficiency, markup, and strategic interaction.

    Practice: Compare competitive and monopoly outcomes on one graph, then solve an oligopoly payoff-matrix decision.

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