AP® Microeconomics · For teachers
Assign it with a link.
or make a free class with a code
Share any notes page, lesson or unit sheet with a stable link. Students need no account, and nothing they do leaves their device unless they choose to sign in.
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Make a free class on LevlPrep for teachers, share its class code, and students join at levlprep.com/join. You assign practice, review, exams and free response, and see each student's mastery and the questions the class misses. See a sample class.
How to assign it
- Stable links. Each lesson, notes page, unit sheet and free-response question has a permanent address, such as
levlprep.com/microeconomics/. Links do not expire and need no account.notes/<topic>.html - Question sets.
practice.html?topic=<topic>opens practice on one topic,practice.html?unit=unit-1on a whole unit. Students get feedback and an explanation for every option. The practice page can also print a set as a worksheet. - Free-response questions. Each has its own page with the prompt, the data and a printable answer sheet with lined space. Students write, then reveal the rubric and score themselves point by point. Nothing is graded by AI.
- Printing. Each lesson, notes page, unit sheet and free-response question has a Print button. A lesson prints all its parts in one run; a free-response question prints with lined answer space, and its rubric can print on a separate page.
- Google Classroom. The "Share to Google Classroom" button on each of those pages posts the link to your class.
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Students open a link and start. They need no account, and nothing they do leaves their device unless they choose to sign in. Progress, answers and scores are stored in their own browser, and typed free-response answers stay on the device they were written on.
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Access for teachers and classes
Every notes page, the glossary and the unit sheets are free. Teachers can ask for free access to the rest of the course: email hello@levlprep.com from your school address. Ask about discounts for classes at the same address.
Free-response questions
- Two bike-share firms in a payoff matrix, then one firm's short-run cost curves Long free-response question, 10 points
- Apple pickers: a competitive labor market and one orchard, and a rise in the demand for apples Long free-response question, 10 points
- A monopoly from a key resource: price, profit, deadweight loss, elasticity and a per-unit tax Long free-response question, 10 points
- Rolled oats: a yearly inspection fee for every mill, losses, exit and a higher long-run price Long free-response question, 10 points
- A per-unit tax on ferry rides: prices, revenue, incidence and deadweight loss, then a subsidy and its cost Long free-response question, 10 points
- A small country opens its lentil market: comparative advantage, the gain from trade, imports and a tariff Long free-response question, 10 points
- A consumer with a budget: marginal utility per dollar, the best bundle, a larger budget and a sunk cost Short free-response question, 5 points
- A small bakery's cost table: fixed cost, the profit-maximizing output and the shut-down rule Short free-response question, 5 points
- Elasticity from a demand schedule: price elasticity, the total revenue test and substitutes Short free-response question, 5 points
- Cement dust: a negative production externality, the external cost and why the efficient amount is not zero Short free-response question, 5 points
- Two grocers choose their opening hours: dominant strategies, Nash equilibrium and a town rule Short free-response question, 5 points
- A hiring table at a bicycle repair shop: a lower wage, a higher price and derived demand Short free-response question, 5 points
- A competitive car wash making losses: shut down, exit and the long-run price Short free-response question, 5 points
- A monopolistically competitive yoga studio in the short run and the long run Short free-response question, 5 points
- The only employer of stone cutters: monopsony hiring compared with a competitive labor market Short free-response question, 5 points
- Two studios, mugs and vases: opportunity cost, comparative advantage and terms of trade Short free-response question, 5 points
- A binding price ceiling on kayak rentals: the shortage, the quantity rented and deadweight loss Short free-response question, 5 points
- A competitive market for juice: consumer and producer surplus, then a rise in costs Short free-response question, 5 points
Alignment with the course framework
The units and topics follow the order of the course framework, mapped to our lessons. Titles and explanations are in our own words; nothing reproduces the framework's text. It has not yet been reviewed by an AP® Microeconomics teacher.
Unit 1: Basic Economic Concepts 12–15% of the exam
Unit page · Printable unit sheet · Question set for the unit · Unit test
| Topic | Lesson | Assign |
|---|---|---|
| 1.1 | Scarcity | Notes · Question set |
| 1.2 | Resource Allocation and Economic Systems | Notes · Question set |
| 1.3 | Production Possibilities Curve | Notes · Question set |
| 1.4 | Comparative Advantage and Trade | Notes · Question set |
| 1.5 | Cost-Benefit Analysis | Notes · Question set |
| 1.6 | Marginal Analysis and Consumer Choice | Notes · Question set |
Unit 2: Supply and Demand 20–25% of the exam
Unit page · Printable unit sheet · Question set for the unit · Unit test
| Topic | Lesson | Assign |
|---|---|---|
| 2.1 | Demand | Notes · Question set |
| 2.2 | Supply | Notes · Question set |
| 2.3 | Price Elasticity of Demand | Notes · Question set |
| 2.4 | Price Elasticity of Supply | Notes · Question set |
| 2.5 | Other Elasticities | Notes · Question set |
| 2.6 | Market Equilibrium and Consumer and Producer Surplus | Notes · Question set |
| 2.7 | Market Disequilibrium and Changes in Equilibrium | Notes · Question set |
| 2.8 | The Effects of Government Intervention in Markets | Notes · Question set |
| 2.9 | International Trade and Public Policy | Notes · Question set |
Unit 3: Production, Cost, and the Perfect Competition Model 22–25% of the exam
Unit page · Printable unit sheet · Question set for the unit · Unit test
| Topic | Lesson | Assign |
|---|---|---|
| 3.1 | The Production Function | Notes · Question set |
| 3.2 | Short-Run Production Costs | Notes · Question set |
| 3.3 | Long-Run Production Costs | Notes · Question set |
| 3.4 | Types of Profit | Notes · Question set |
| 3.5 | Profit Maximization | Notes · Question set |
| 3.6 | Firms' Short-Run Decisions to Produce and Long-Run Decisions to Enter or Exit a Market | Notes · Question set |
| 3.7 | Perfect Competition | Notes · Question set |
Unit 4: Imperfect Competition 15–22% of the exam
Unit page · Printable unit sheet · Question set for the unit · Unit test
| Topic | Lesson | Assign |
|---|---|---|
| 4.1 | Introduction to Imperfectly Competitive Markets | Notes · Question set |
| 4.2 | Monopoly | Notes · Question set |
| 4.3 | Price Discrimination | Notes · Question set |
| 4.4 | Monopolistic Competition | Notes · Question set |
| 4.5 | Oligopoly and Game Theory | Notes · Question set |
Unit 5: Factor Markets 10–13% of the exam
Unit page · Printable unit sheet · Question set for the unit · Unit test
| Topic | Lesson | Assign |
|---|---|---|
| 5.1 | Introduction to Factor Markets | Notes · Question set |
| 5.2 | Changes in Factor Demand and Factor Supply | Notes · Question set |
| 5.3 | Profit-Maximizing Behavior in Perfectly Competitive Factor Markets | Notes · Question set |
| 5.4 | Monopsonistic Markets | Notes · Question set |
Unit 6: Market Failure and the Role of Government 8–13% of the exam
Unit page · Printable unit sheet · Question set for the unit · Unit test
| Topic | Lesson | Assign |
|---|---|---|
| 6.1 | Socially Efficient and Inefficient Market Outcomes | Notes · Question set |
| 6.2 | Externalities | Notes · Question set |
| 6.3 | Public and Private Goods | Notes · Question set |
| 6.4 | The Effects of Government Intervention in Different Market Structures | Notes · Question set |
| 6.5 | Inequality | Notes · Question set |
Skills
Each math topic sits right before the framework topic that first needs it.
Graph skills you need
Unit page · Printable unit sheet · Question set for the unit
| Topic | Lesson | Assign |
|---|---|---|
| Skill | Axes, Variables and Points | Notes · Question set |
| Skill | Slopes and Curve Shapes | Notes · Question set |
| Skill | Shifts and Movements Along a Curve | Notes · Question set |
| Skill | Curves That Cross and Areas | Notes · Question set |
Questions are original and never copied from released exams or course materials.