Think you’ve got what it takes to ace AP® Microeconomics? Find out by inputting how you think you would do on the AP® Microeconomics exam
The AP® Microeconomics exam probably seems like one of the most difficult advanced placement exams simply because most high schools don’t offer full courses on the subject. In addition, microeconomics entails a whole new introduction of themes and problems that were not covered in macroeconomics.
In this article, we’ll be going through the basic knowledge and skills you will need in order to successfully take the course and the best methods to acquire them. Also, I will be providing the structure of exam which will hopefully help you understand towards what you will be moving if you take the course.
Knowing what to focus on is often the hardest part of preparing for an AP® exam, and AP® Micro is no exception. You must have a full and deep understanding of important economic concepts, but you must also know how to take the exam and what to expect on exam day.
Are you preparing for your AP® Microeconomics exam and need to reinforce your understanding of the different market structures? In this AP® Microeconomics monopoly crash course review, you will learn about the monopoly market structure with examples, and practice the graph to better understand the industry.
Are you studying for your AP® Microeconomics Exam and need to understand better what externalities are? Well, look no further! In this crash course review, you will learn all you need to know about externalities for the exam.
If you’ve started studying for the AP® Microeconomics or AP® Macroeconomics exam, then you’ll need to know the essential concepts. One of the most important distinctions you’ll come across in your studies is absolute vs. comparative advantage. So what’s the difference between these two concepts? And why are they so important?
The AP® Microeconomics exam is different from most in that most students don’t take the class for it before taking the exam. Your AP® Macroeconomics teacher probably offered you supplementary extracurricular lessons about the basics of microeconomics to give you an edge on the exam itself. This unconventional way of teaching microeconomics makes it a very difficult test to prepare for. As a result, it isn’t taken as often as the macroeconomics exam.
This article is a comprehensive AP® Microeconomics review defining the ten most important basic economic concepts and gives examples so that you can easily recall.