AP Microeconomics Unit 1 — Basic Economic Concepts
Unit 1 introduces the core ideas that shape all of AP Microeconomics. Students learn how economists think about scarcity, choice, opportunity cost, and efficiency, and how these concepts are applied using models such as the Production Possibilities Curve (PPC) and consumer choice theory. Because Unit 1 concepts appear throughout the entire exam, a strong foundation here is essential.
This practice set is designed to train both conceptual understanding and AP-style application, focusing on how questions are actually framed on the exam. Materials emphasize clear definitions, graph interpretation, and structured free-response practice aligned with official scoring expectations.
What’s included:
-
1 Key Concept Sheet summarizing essential ideas
-
1 Definition Sheet with AP-accurate terminology
-
PPC (PPF) Practice focusing on opportunity cost and efficiency
-
Consumer Choice Theory Practice (budget constraint & utility reasoning)
-
AP-style Multiple-Choice Questions with answer key
-
2 Free-Response Question Sets with scoring guidelines
This unit is ideal for building exam confidence early and setting a solid foundation for all later units.
Reviews
There are no reviews yet.