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Unit 1

AP Microeconomics Unit 1: Basic Economic Concepts

12–15% of the multiple-choice section · 6 topics

Scarcity and trade-offs, the production possibilities curve, comparative advantage, and how a consumer chooses by comparing marginal utility per dollar.

Topics

Unit check

10 questions drawn from every lesson in Unit 1. Each wrong answer links back to where the idea is taught.

Take the Unit 1 check

Labs for this unit

Topic 1.3 Draw the PPC Label the axes of a production possibilities curve, show how it moves when resources or technology change, and place points inside, on and outside it. The page checks your graph.

Practice for this unit