Class Description AP Microeconomics Exam Prep

AP Microeconomics Exam Prep

2025 Spring

Class Description
The AP Microeconomics Exam will test your understanding of the economic concepts covered in the course, as well as your ability to define economic principles and models; explain given economic outcomes; determine outcomes of specific economic situations; and model economic situations using graphs or visual representations. A four-function calculator is permitted for use on both sections of the exam.

This is a hybrid digital exam. You’ll complete multiple-choice questions and view free-response questions in the Bluebook testing app. You’ll handwrite your free-response answers in paper exam booklets.

Exam Duration
2hrs 10mins

Homework
Weekly homework will be assigned. It will take approximately 45 – 90 minutes  to complete.

Prerequisite
Students should be currently taking AP Microeconomics or have previously completed this course in school.

Exam Date
Monday, May 5, 2025: 12 PM Local

Section I: Multiple Choice
60 questions 1hr 10mins 66% of Score

Questions require the use of economics content knowledge and reasoning across the range of course topics and skills. You’ll be asked to:

• Define economic principles and models
• Explain given economic outcomes
• Determine the outcomes of specific economic situations

Section II: Free Response
3 questions 1hr 33% of Score

The 60-minute time limit for this section includes a 10-minute reading period.

• 1 long free-response question (50% of section score)
• 2 short free-response questions (each worth 25% of section score)

You’ll be asked to:

• Make assertions about economic concepts, principles, models, outcomes, and/or effects
• Explain economic concepts, principles, models, outcomes, and/or effects
• Perform numerical analysis and calculations
• Create graphs or visual representations
• Answer questions about given graphs and visuals

Darius Bharucha

Mr. Bharucha earned a Bachelor of Arts from Texas Christian University, then went on to the University of Texas at Austin for his classes in education. He earned his MBA in 2011 and is currently working towards a graduate degree in Economics.

Mr. Bharucha has taught for more than 20 years including AP Macroeconomics and AP Microeconomics. He has graded AP Macroeconomics tests for 9 years—one year he was a manager at the reading. The passing rate on the AP exam amongst Mr. Bharucha’s students for both AP Macro and AP Micro is above 91%.

Mr. Bharucha has won many student nominated awards including Wrestler Teacher of the Month twice, Sapphires Teacher of the Week four times, and Outstanding Teacher three times. He’s a student-centered teacher who puts the needs of his students first. Mr. Bharucha prides himself on caring for his students, showing patience, teaching in a way that students can understand, and helping students achieve their goals.

Weekly Schedule

Week 1 – PPC, Opportunity Cost, Scarcity, Comparative Advantage, Absolute Advantage; Economic Systems, Marginal Utility, Diminishing Marginal Returns
Week 2 – Supply and Demand, determinants of each, equilibrium, price floor and price ceiling; Consumer surplus, producer surplus, per unit tax
Week 3 – Costs–ATC, AVC, difference between variable and fixed costs; Marginal Revenue, marginal cost
Week 4 – Price elasticity of demand—three ways to find it; Income elasticity, substitute and complementary good elasticity; Perfect Competition
Week 5 – Monopoly
Week 6 – Game Theory; Monopolistic Competition
Week 7 – Factor Markets
Week 8 – Externalities
Week 9 – Circular Flow of goods and services; Lorenz Curve and income distribution
Week 10 – Review