AP Microeconomics


Advanced Placement Microeconomics is a course offered by the College Board as part of the Advanced Placement Program for high school students interested in college-level coursework 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 and functions of product markets; factor markets; and efficiency, equity, and the role of government. AP Microeconomics is often taken in conjunction with or after AP Macroeconomics.

Topics outline and distribution of topics

74,049 students took the AP Microeconomics exam in 2014.
The exam was first held in 1989, along with Macroeconomics. Grade distributions since 2008 are as follows:
Score2008200920102011201220132014201520162017201820192020
518.1%17.9%16.6%16.1%16.6%18.1%15.9%19.1%15.3%21.5%19.2%22.2%23.1%
426.3%27.4%27.0%26.2%28.2%28.6%28.9%28.6%27.3%28.3%28%28.4%28.7%
318.8%19.7%20.2%21.3%20.9%20.0%20.7%19.4%23%18.5%20.2%17.8%16.5%
215.2%14.6%14.8%15.6%15.8%14.9%15.5%13.8%14.4%12.8%15.8%12.4%14.2%
121.5%20.4%21.4%20.8%18.5%18.4%18.9%19.1%20%18.9%16.8%19.2%17.5%
Mean3.043.083.023.013.093.133.073.153.043.213.21

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