AP Microeconomics

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Advanced Placement (AP) Microeconomics (also known as AP Micro) is a course offered by the College Board as part of the Advanced Placement Program for high school students interested in college-level coursework in microeconomics and/or gaining advanced standing in college. The course begins with a study of fundamental economic concepts such as scarcity, opportunity costs, production possibilities, specialization, and comparative advantage. Major topics include the nature and functions of product markets; factor markets; and efficiency, equity, and the role of government. [1] AP Microeconomics is often taken in conjunction with or after AP Macroeconomics.[ citation needed ]

Contents

Topics outline and distribution of topics

Topics covered in the AP Microeconomics course and exam include: [2]

UnitTopicExam Weighting
1Basic Economic Concepts12-15%
2 Supply and Demand 20-25%
3 Production, Cost, and the Perfect Competition Model22-25%
4 Imperfect Competition 15-22%
5 Factor Markets 10-13%
6 Market Failure and the Role of the Government8-13%

The exam

Score distribution

74,049 students took the AP Microeconomics exam in 2014. [4]

The exam was first held in 1989, along with Macroeconomics. Grade distributions since 2008 are as follows:

Score20082009201020112012201320142015 [5] 2016 [6] 2017 [7] 2018 [8] 2019 [9] 2020 [10] 2021 [11] 2022 [12] 2023 [13]
518.1%17.9%16.6%16.1%16.6%18.1%15.9%19.1%15.3%21.5%19.2%22.2%23.3%18.5%17.7%21.3%
426.3%27.4%27.0%26.2%28.2%28.6%28.9%28.6%27.3%28.3%28%28.4%29.0%24.0%22.5%26.0%
318.8%19.7%20.2%21.3%20.9%20.0%20.7%19.4%23%18.5%20.2%17.8%16.6%16.6%18.8%20.7%
215.2%14.6%14.8%15.6%15.8%14.9%15.5%13.8%14.4%12.8%15.8%12.4%14.2%17.0%16.9%19.9%
121.5%20.4%21.4%20.8%18.5%18.4%18.9%19.1%20%18.9%16.8%19.2%16.9%23.9%24.2%12.1%
% of scores 3 or higher63.2%65.0%63.8%63.6%65.7%66.7%65.5%67.1%65.6%68.3%67.4%68.4%68.9%59.1%59.0%68.0%
Mean3.043.083.033.013.093.133.073.153.043.213.173.223.282.962.933.25
Standard deviation1.411.391.391.381.361.371.351.391.351.411.361.421.401.451.441.32
Number of Students46,27251,60156,30362,35167,50574,04978,40882,38887,85890,03291,55182,41580,19984,38694,772

See also

  1. ↑ "Course Description of AP Microeconomics" (PDF). 2012. pp. 6–8. Retrieved 1 January 2012.
  2. ↑ "Course Description of AP Microeconomics" (PDF). 2012. pp. 9–10. Retrieved 1 January 2012.
  3. ↑ "Course Description of AP Microeconomics" (PDF). 2012. p. 5. Retrieved 1 January 2012.
  4. ↑ Microeconomics Score Distributions
  5. ↑ 2015 AP Score Distributions - Total Registration
  6. ↑ Total Registration. "2016 AP Exam Score Distributions". www.totalregistration.net. Retrieved 2016-07-01.
  7. ↑ Total Registration. "2017 AP Exam Score Distributions". www.totalregistration.net. Retrieved 2017-06-11.
  8. ↑ "Student Score Distributions, AP Exams - May 2018" (PDF). The College Board. Retrieved December 24, 2022.
  9. ↑ @AP_Trevor (12 June 2019). "The 2019 AP Microeconomics scores: 5: 22.2%; 4: 28.4%; 3: 17.8%; 2: 12.4%; 1: 19.2%" (Tweet) – via Twitter.
  10. ↑ "STUDENT SCORE DISTRIBUTIONS" (PDF). Retrieved June 9, 2021.
  11. ↑ "Student Score Distributions" (PDF). Retrieved October 1, 2023.
  12. ↑ "Student Score Distributions" (PDF). Retrieved October 1, 2023.
  13. ↑ "2023 AP Exam Score Distributions". www.totalregistration.net. Retrieved 2023-06-29.

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