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Study supply and demand, consumer choice, production costs, market structures, and market failures.
This AP Microeconomics course on Study Mondo covers 10 topics organized across 6 categories. Each topic includes detailed written explanations, worked examples, practice problems with step-by-step solutions, flashcards for review, and interactive lessons to help you master the material.
All content is completely free. Start with any category below, or jump to a specific topic that you need help with.
Take a diagnostic test covering all AP Microeconomics units. Identify areas to focus on.
Jump into high-impact topics and keep your study momentum moving.
Scarcity, opportunity cost, marginal analysis, and the production possibilities curve
Market equilibrium, shifts, elasticity, and government intervention
Price elasticity of demand and supply, cross-price elasticity, income elasticity, and total revenue
Production functions, cost curves, and the perfectly competitive market
Monopoly, monopolistic competition, oligopoly, and game theory
Labor markets, wages, marginal revenue product, and income distribution
Externalities, public goods, income inequality, and government policies