AP Microeconomics

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This article is part of the
Advanced Placement  series.
General exam structure    •    Awards
Current subjects:
In development:
Former subjects:

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]

In the 2008 administration, 41,915 students took the exam.[4] In the 2009 administration, 46,272 students took the exam.[5] In the 2010 administration, 51,601 students took the exam.[6] In the 2011 administration 56,303 students took the exam.[7]

The grade distribution for 2010 and 2009 were:

Score 2008 2009 2010 2011
5 18.1% 17.9% 16.6% 16.1%
4 26.3% 27.4% 27.0% 26.2%
3 18.8% 19.7% 20.2% 21.3%
2 15.2% 14.6% 14.8% 15.6%
1 21.5% 20.4% 21.4% 20.8%
Mean Score 3.04 3.08 3.02 3.01

External links[edit]

See also[edit]