For details on the 2024 AP Microeconomics Exam, check this article.
Unlike 2020 and 2021, when the College Board modified the AP exams as a response to the disruption caused by COVID-19, the 2022 AP exams will return to its original format.
This year, the AP exams will take place over a two-week period in May: May 2–6 and May 9–13.
The College Board may change the format, however, if schools are disrupted in the spring due to COVID-19.
“We’ll continue to monitor global, national, and local health conditions, putting the health and safety of students first, and if there are widespread school closures in spring 2022, we’ll provide options similar to those offered in 2021,” the College Board noted here.
We will, of course, update this guide if that should happen.
The AP Microeconomics exam for 2022 will be a full-length paper-and-pencil exam that students can take in school only.
Here is what you need to know to do well in the upcoming AP Microeconomics exam.
Will I get college credit for the 2022 AP Microeconomics exam?
Students who take the 2022 AP Microeconomics exam will be eligible for college credit.
As in previous years, a student must obtain a score of 3, 4, or 5 to be eligible for college credit.
For tips on getting a perfect AP score, check out this interview with Dawn Mueller, an educational consultant with Tutor Doctor.
How long is the 2022 AP Microeconomics exam?
The 2022 AP Microeconomics exam will be 2 hours, 10 minutes long.
What’s the 2022 AP Microeconomics exam date and time?
The 2022 AP Microeconomics exam is scheduled for Friday, May 6 at 12 PM local time.
What will be tested on the 2022 AP Microeconomics exam?
The 2022 AP Microeconomics exam will test students on the whole course content, so be prepared to answer questions on these topics:
- Unit 1: Basic Economic Concepts
- Unit 2: Supply and Demand
- Unit 3: Production, Cost, and the Perfect Competition Model
- Unit 4: Imperfect Competition
- Unit 5: Factor Markets
- Unit 6: Market Failure and the Role of Government
What is the AP Microeconomics exam format for 2022?
The 2022 AP Microeconomics exam will be split equally between two sections: multiple-choice and free-response questions. The multiple-choice section is worth 66 percent of the exam score while the free-response section is worth 33 percent. (The percentages don’t add up to 100 percent, but these are the numbers posted on the College Board site.)
You will have 1 hour, 10 minutes to answer 60 multiple-choice questions and 1 hour to answer 3 free-response questions.
The chart below shows the breakdown of the exam components.
Section | # Questions | Time Allocation | Exam Weight |
I: Multiple Choice | 60 | 1 hour, 10 mins | 66% |
II: Free Response | 3 | 1 hour | 33% |
You may not use a calculator on the exam.
Does the College Board offer any free AP Microeconomics exam prep resources?
The College Board is offering a number of free AP Microeconomics exam resources to students to help them prepare for the exam.
AP Microeconomics Practice Tests
You can get examples of free-response questions from past AP Microeconomics exams for free. You can use these as practice tests to supplement other test prep materials you use.
Check here for the first set of free-response questions and here for the second set of free-response questions from the 2021 AP Microeconomics exam. You can also log in to the AP Classroom Question Bank for questions posed in the 2020 exam.
And check here for free-response questions from the 1999-2019 AP Microeconomics exams.
AP Microeconomics Courses
The College Board’s AP YouTube channel gives students access to APLive classes and recordings delivered by AP teachers from across the country. Additionally, to help students review course content and skills before their exam, the College Board gives students access to the AP Daily: Live Review sessions for the 2021 AP Microeconomics exam.
What are my other options for preparing for the 2022 AP Microeconomics exam?
If you don’t have an AP Microeconomics review book already, check out TUN’s Textbook Save Engine to compare prices and get the best deals.
There are also online resources that you can use to help you prepare for the 2022 AP Microeconomics exam.
Khan Academy
In partnership with the College Board, Khan Academy provides an official AP Microeconomics course that comes with free instructional videos, articles, and practice exercises created by current and former AP teachers. In addition, Khan Academy offers free exam skills and strategies.
EdX
Taught by Jonathan Gruber, professor of economics at MIT, this AP Microeconomics course helps students prepare for the AP Microeconomics exam. The course introduces basic microeconomic principles and covers all material that is required for the exam.
You can audit this course for free, but the fee for a Verified Certificate costs $49.
Princeton Review
If you would like to get one-on-one instruction to help you prepare for the AP Microeconomics exam, the Princeton Review offers private tutoring, available both in-person or online, for a fee starting at $206 an hour. If you decide to go with this personalized option, expert tutors will work with you to “make a plan, set goals, and exceed them.” The Princeton Review guarantees that if you’re not 100% satisfied, they will match you with another tutor and your next lesson will be free.
If you’re taking more than one AP exam in 2022, check TUN’s AP Exam Review for details on other AP exams.