AP Econ Textbooks

Find video lessons, practice questions, and study help for AP Economics

Looking for a course? Find Your Course

Microeconomics

1. Economic Concepts

General Economic Terms

Opportunity Cost and the PPF

Accounting and Economic Costs/Profit

Positive and Normative Economics

2. Gains from Trade

Absolute & Comparative Advantage

Gains from Trade

3. Demand and Supply

Market Equilibrium

4. Elasticity

Point Price Elasticity of Demand

Arc Price Elasticity of Demand

Factors that Affect Elasticity

Different Elasticities Along the Demand Curve and Total Revenue

Perfectly Elastic and Inelastic

Income Elasticity

Cross Price Elasticity

Price Elasticity of Supply

5. Government Interventions in Markets

Tax Incidence / Tax Burden

6. Efficiency

Consumer Surplus

Producer Surplus

Marginal Benefit and Marginal Cost

CS and PS with Taxes

CS and PS with Price Ceilings

CS and PS with Price Floors

CS and PS with Quotas

7. International Trade (Exports and Imports)

Exporting Country

Importing Country

8. Production and Costs

Average Product and Marginal Product

Fixed Costs and Variable Costs

9. Firms in Competitive Markets (Perfect Competition)

Profit Maximization

10. Monopoly

Profit Maximization

Monopoly Deadweight Loss

Price Discrimination

11. Monopolistic Competition

What is Monopolistic Competition?

Short Run vs Long Run Equilibrium

12. Oligopoly

Game Theory and Nash Equilibrium

Prisoner's Dilemma

13. Labor Market

Profit Maximization in Labor Market

Demand and Supply of Labor

Monopsony and Perfectly Competitive Labor Market

14. Economic Efficiency and Government Intervention

Production and Allocative Efficiency

Government Intervention

15. Theory of Consumer Choice

Total and Marginal Utility

Paradox of Value

Optimal Bundle (Utility Maximization)

16. Public Goods and Common Resources

Public Goods and Common Resources

17. Asymmetric Information and Financial Markets

Asymmetric Information, Adverse Selection, Moral Hazard, Lemons Problem

Different Types of Firms

18. Income Inequality and Poverty

Income Inequality and Poverty

Lorenz Curve and Causes of Inequality

Policies to Reduce Poverty

19. Externalities/Market Failures

Negative Externalities

Positive Externalities

Macroeconomics

1. Economic Concepts

General Economic Terms

Opportunity Cost and the PPF

Positive and Normative Economics

2. Gains from Trade

Absolute & Comparative Advantage

Gains from Trade

3. Demand and Supply

Market Equilibrium

4. Measuring a Nation's Income

Nominal GDP, Real GDP and Deflator

Real GDP Per Capita

Circular Flow Diagram

GDP - Expenditure Approach

GDP - Income Approach

5. Measuring the Cost of Living and Inflation

Real and Nominal Interest

6. Unemployment

Types of Unemployment

7. Saving, Investment and the Financial System

Financial System

Government Budget and Debt

8. Aggregate Demand and Supply

Aggregate Demand

Aggregate Supply

Output Gaps (Economic Fluctuations)

Long Run Neutrality of Money

9. Fiscal Policy

Multiplier Effect

Automatic Stabilizers

10. The Monetary System

Money and Banking

Bank Capital and Leverage Ratio

11. Money and Prices in the Long Run

Money Supply and Demand

Velocity of Money

Costs of Inflation

12. Monetary Policy

Recessions and Economic Booms

Monetary Policy, Open Market Operations and Overnight Rate

Money Supply and Demand

Monetary Injection in Closed and Open Economy

13. Open Economy Macroeconomics

International Flows of Goods and Services

Purchasing Power Parity

14. Macroeconomic Theory of the Small Open Economy

Supply and Demand of Foreign Currency

Balance of Payments

15. Short Run Tradeoff Between Inflation and Unemployment

The Phillips Curve

16. Production and Growth

Production and Growth

Choose a subject you need help with

Math

Physics

Econ

Biology

Stats

Popular Econ Courses

AP Macroeconomics Exam Prep Course

On-demand prep

AP Microeconomics Exam Prep Course

On-demand prep

Macroeconomics

Microeconomics