- 1 What You Need to Know About the AP Microeconomics Exam STEP 1 Set Up Your Study Program
- 2 How to Plan Your Time
- 3 Take the Diagnostic Exam STEP 2 Determine Your Test Readiness
- Diagnostic Exam: AP Microeconomics
- 4 How to Approach Each Question Type STEP 3 Develop Strategies for Success
- Section I: Multiple-Choice Questions
- Section II: Free-Response Questions
- 5 Fundamentals of Economic Analysis STEP 4 Review the Knowledge You Need to Score High
- 5.1 Scarce Resources
- 5.2 Production Possibilities
- 5.3 Functions of Economic Systems
- 6 Demand, Supply, Market Equilibrium, and Welfare Analysis
- 6.1 Demand
- 6.2 Supply
- 6.3 Market Equilibrium
- 6.4 Welfare Analysis
- 7 Elasticity, Microeconomic Policy, and Consumer Theory
- 7.1 Elasticity
- 7.2 Microeconomic Policy and Applications of Elasticity
- 7.3 Trade Barriers
- 7.4 Consumer Choice
- 8 The Firm, Profit, and the Costs of Production
- 8.1 Firms, Opportunity Costs, and Profits
- 8.2 Production and Cost
- 9 Market Structures, Perfect Competition, Monopoly, and Things Between
- 9.1 Perfect Competition
- 9.2 Monopoly
- 9.3 Monopolistic Competition
- 9.4 Oligopoly
- 10 Factor Markets viii á Contents
- 10.1 Factor Demand
- 10.2 Least-Cost Hiring of Multiple Inputs
- 10.3 Factor Supply and Market Equilibrium
- 10.4 Imperfect Competition in Product and Factor Markets
- 11 Public Goods, Externalities, and the Role of Government
- 11.1 Public Goods and Spillover Benefits
- 11.2 Pollution and Spillover Costs
- 11.3 Income Distribution and Tax Structures
- AP Microeconomics Practice Exam STEP 5 Build Your Test-Taking Confidence
- AP Microeconomics Practice Exam
- Appendixes
- Further Reading
- Websites
- Glossary
- Important Formulas and Conditions
marvins-underground-k-12
(Marvins-Underground-K-12)
#1