AP Microeconomics

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This article is part of the
Advanced Placement series.
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Advanced Placement Microeconomics (AP Microeconomics) is a course for students interested in college-level work in microeconomics and/or gaining advanced standing in college. The course begins with a study of fundamental economic concepts such as scarcity, opportunity costs, production possibilities, specialization, and comparative advantage. Major topics include the nature of functions of product markets; factor markets; and efficiency, equity, and the role of government.[1]

Topics outline and distribution of topics[edit]

  • Basic Economic Concepts (8-14%)
  • The Nature and Functions of Product Markets (55-70%)
  • Factor Markets (10-18%)
  • Market Failure and the Role of Government (12-18%)[2]

The exam[edit]

  • Multiple Choice [70 minutes, weighted 2/3 (66.6%) of the total exam score]
  • Free-Response [10 minutes of planning then 50 minutes of writing with one longer free-response question and two shorter ones, weighted 1/3 (33.3%) of the total exam score][3]

Grade distribution[edit]

74,049 students took the AP Microeconomics exam in 2014.[4]

Between 2008 and 2014, the grade distributions were as follows:

Score 2008 2009 2010 2011 2012 2013 2014
5 18.1% 17.9% 16.6% 16.1% 16.6% 18.1% 15.9%
4 26.3% 27.4% 27.0% 26.2% 28.2% 28.6% 28.9%
3 18.8% 19.7% 20.2% 21.3% 20.9% 20.0% 20.7%
2 15.2% 14.6% 14.8% 15.6% 15.8% 14.9% 15.5%
1 21.5% 20.4% 21.4% 20.8% 18.5% 18.4% 18.9%
Mean 3.04 3.08 3.02 3.01 3.09 3.13 3.07

External links[edit]

  1. ^ "Course Description of AP Microeconomics" (PDF). 2012. p. 6-8. Retrieved 1 January 2012. 
  2. ^ "Course Description of AP Microeconomics" (PDF). 2012. p. 9-10. Retrieved 1 January 2012. 
  3. ^ "Course Description of AP Microeconomics" (PDF). 2012. p. 5. Retrieved 1 January 2012. 
  4. ^ http://media.collegeboard.com/digitalServices/pdf/ap/apcentral/ap14-microeconomics-score-dist.pdf

See also[edit]