Practice Dojo

AP Microeconomics practice

Free, original practice questions for the AP Microeconomics exam, written to the College Board Course and Exam Description.

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How the practice works

Each unit has three multiple-choice sets. White belt covers core terms and foundational ideas. Regular is set at exam level, with concept checks and applications. Black belt has harder, multi-step questions. After each answer you get an explanation, plus a "Still don't get it?" walkthrough with the key idea, a worked solution, a short practice problem and the most common wrong answer.

Free-response questions come with point-by-point scoring rubrics in the style of College Board scoring guidelines, model answers that earn every point, and walkthroughs for each part.

No account is needed. Your progress is saved in your own browser.

Units and topics

Unit 1: Basic Economic Concepts

12 to 15% of the exam · 180 multiple-choice questions · 10 free-response questions

• 1.1 Scarcity
• 1.2 Resource Allocation and Economic Systems
• 1.3 Production Possibilities Curve
• 1.4 Comparative Advantage and Trade
• 1.5 Cost-Benefit Analysis
• 1.6 Marginal Analysis and Consumer Choice

Unit 2: Supply and Demand

20 to 25% of the exam · 180 multiple-choice questions · 10 free-response questions

• 2.1 Demand
• 2.2 Supply
• 2.3 Price Elasticity of Demand
• 2.4 Price Elasticity of Supply
• 2.5 Other Elasticities
• 2.6 Market Equilibrium and Consumer and Producer Surplus
• 2.7 Market Disequilibrium and Changes in Equilibrium
• 2.8 The Effects of Government Intervention in Markets
• 2.9 International Trade and Public Policy

Unit 3: Production, Cost, and the Perfect Competition Model

22 to 25% of the exam · 180 multiple-choice questions · 10 free-response questions

• 3.1 The Production Function
• 3.2 Short-Run Production Costs
• 3.3 Long-Run Production Costs
• 3.4 Types of Profit
• 3.5 Profit Maximization
• 3.6 Firms' Short-Run Decisions to Produce and Long-Run Decisions to Enter or Exit a Market
• 3.7 Perfect Competition

Unit 4: Imperfect Competition

15 to 22% of the exam · 180 multiple-choice questions · 10 free-response questions

• 4.1 Introduction to Imperfectly Competitive Markets
• 4.2 Monopoly
• 4.3 Price Discrimination
• 4.4 Monopolistic Competition
• 4.5 Oligopoly and Game Theory

Unit 5: Factor Markets

10 to 13% of the exam · 180 multiple-choice questions · 10 free-response questions

• 5.1 Introduction to Factor Markets
• 5.2 Changes in Factor Demand and Factor Supply
• 5.3 Profit-Maximizing Behavior in Perfectly Competitive Factor Markets
• 5.4 Monopsonistic Markets

Unit 6: Market Failure and the Role of Government

8 to 13% of the exam · 180 multiple-choice questions · 10 free-response questions

• 6.1 Socially Efficient and Inefficient Market Outcomes
• 6.2 Externalities
• 6.3 Public and Private Goods
• 6.4 The Effects of Government Intervention in Different Market Structures
• 6.5 Inequality

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