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AP Microeconomics Exam
600 questions
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About this exam
The AP Microeconomics Exam is a College Board exam taken mainly by high school students completing an introductory college-level microeconomics course. It assesses how well you apply economic models to choices made by individuals, firms, and markets. The exam is not an entrance or admissions test: colleges set their own policies for whether AP scores earn credit, placement, or neither. Students interested in business and economics pathways may take it to demonstrate subject knowledge, but it does not guarantee university admission.
AP Microeconomics covers scarcity, opportunity cost, production possibilities, comparative advantage, specialization, gains from trade, demand, supply, and market equilibrium, along with other core microeconomic concepts. In the current College Board format, the exam has 60 multiple-choice questions in 70 minutes and three free-response questions in 60 minutes, including one longer and two shorter questions. For the 2027–28 cycle, check the official course and exam description for any format updates. Effective preparation combines concept review, graph interpretation, and timed question practice.
How to prepare for the AP Microeconomics Exam
- Review the College Board course framework and make sure you can explain scarcity, opportunity cost, production possibilities, comparative advantage, and gains from trade using examples.
- Practice drawing and labeling demand-and-supply graphs, then explain how changes in determinants shift curves and affect equilibrium price and quantity.
- Use timed multiple-choice and free-response practice; check each answer against the official scoring guidelines and note whether errors came from concepts, graphs, or rushing.
FAQ
Who can take the AP Microeconomics Exam?
It is generally taken by high school students, often after an AP Microeconomics course, but students should check current College Board registration guidance and their school's arrangements. Colleges decide individually how AP scores may count toward credit or placement.
What is the format of the AP Microeconomics Exam?
In the current format, it includes 60 multiple-choice questions in 70 minutes and three free-response questions in 60 minutes: one longer question and two shorter questions. Confirm the College Board's current exam information for the year you plan to take it.
What topics should I study for AP Microeconomics?
Review core ideas such as scarcity and opportunity cost, production possibilities, comparative advantage and trade, demand and supply, and market equilibrium. You should also be comfortable applying economic reasoning to graphs, scenarios, and free-response questions.