How to Approach AP Microeconomics Multiple-Choice Questions

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.




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The Best AP Microeconomics Review Books of 2017

AP Microeconomics covers all of the economic principles that apply to individuals who function within the economy, like producers and consumers. You’ll learn the “economic way of thinking” or cost-benefit analysis, and you’ll study the role of the government in the economy. You’ll use graphs, charts, and data to understand, analyze, and explain different economic concepts.




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Price Floor: AP Microeconomics Crash Course Review

This article will help you understand why price floor policies, such as the minimum wage, and price support programs can fuel chaos in the economy. You’ll get to understand the impacts of price floors and evaluate their effectiveness by sampling where they have been applied extensively without success.




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AP Microeconomics vs. AP Macroeconomics: Which Should You Take?

If you are considering to take a course in AP economics, good for you! Other than getting the edge to start off on a great career, you are also more likely to get admission to a great college and score higher grades. Everyone knows that you have to be smarter than the ‘average guy’ to succeed in economics (well, at least they think so). But, you may be wondering which AP course to take, AP Microeconomics or AP Macro?




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Price Ceiling: AP Microeconomics Crash Course Review

By reading this article, you will appreciate an economists’ perspective on what is price ceiling, check out some examples of how it is practiced and understand the impacts it has on the economy. This article will also help you prepare for the AP econ exam regardless of which AP course you take, AP Micro vs. Macroeconomics.




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7 Details to Look for in AP Microeconomics Graphs

Tutors, examiners, and industry professionals unanimously agree that students need skills in graph analysis to take on AP economics. However, learners often have challenges in understanding and applying the tons of graphs in AP Econ. In fact, it is said that majority of the incorrect responses to AP Microeconomics FRQs are rooted in disastrous charts.




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Perfect Competition: AP Microeconomics Crash Course Review

This article will help you get a good grasp and complement your AP Microeconomics study guide by defining perfect competition; elaborating on the characteristics of a perfectly competitive market, and explain terminologies such as price taker. We will also give you the reason why although perfect competition is considered theoretical, it is important.




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