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ap · HANDS-ON COURSE

AP Microeconomics practice

Explain choice, markets, responsiveness, firm decisions, externalities and labor outcomes using worked and unfamiliar cases.

AP-oriented practice across major concepts, not an authorized AP course or complete Course and Exam Description coverage. Full framework crosswalk, broader cases, graph-based assessment and timed examination preparation remain necessary.

Preparation and direct entry
  • Read tables, compare proportions and explain a claim in ordinary language.
  • Units remain directly accessible; use worked examples before independent transfer when needed.

Open any lesson. Recaps explain assumed concepts without locking access.

0/28 lessons completed · 0 marked skipped. Skips do not reduce this course's completion denominator or award understanding. Shared lesson work is reused across paths; project evidence belongs to this course.

Lesson sequence

Each linked investigation opens on its own page. Your selected course stays with you as you move between lessons.

  1. Investigation 1 of 28

    Name what a choice gives up

    About this lesson

    What is the cost of using a free room?

    Open investigation

  2. Investigation 2 of 28

    Trace exchanges from buyer and seller schedules

    About this lesson

    Which trades remain worthwhile after costs rise?

    Open investigation

  3. Investigation 3 of 28

    Measure responsiveness with a named convention

    About this lesson

    Can a price rise lower total revenue?

    Open investigation

  4. Investigation 4 of 28

    Separate the next decision from money already spent

    About this lesson

    Should an unrecoverable fee determine the next unit?

    Open investigation

  5. Investigation 5 of 28

    Compare revenue, cost and restricted output

    About this lesson

    Why might one seller withhold a beneficial unit?

    Open investigation

  6. Investigation 6 of 28

    Account for costs outside the transaction

    About this lesson

    Can profitable trades reduce the stated social total?

    Open investigation

  7. Investigation 7 of 28

    Separate worker averages from distribution

    About this lesson

    Did higher output improve every worker’s outcome?

    Open investigation

  8. Investigation 8 of 28

    Allocate a budget with marginal benefit

    About this lesson

    Which next purchase offers the most benefit per credit?

    Open investigation

  9. Investigation 9 of 28

    Connect a firm’s cost table to a price-taking decision

    About this lesson

    Can a firm produce while making a total loss?

    Open investigation

  10. Investigation 10 of 28

    Plot demand separately from marginal revenue

    About this lesson

    Why is marginal revenue below price for a single-price seller?

    Open investigation

  11. Investigation 11 of 28

    Inspect strategic interaction and entry

    About this lesson

    Can individually attractive choices lower both firms’ profits?

    Open investigation

  12. Investigation 12 of 28

    Derive labor demand from additional output

    About this lesson

    How does a product price change alter a hiring calculation?

    Open investigation

  13. Investigation 13 of 28

    Trace a tax wedge and a shared-service decision

    About this lesson

    Does the person sending tax payment necessarily bear all its burden?

    Open investigation

  14. Investigation 14 of 28

    Distinguish a binding price rule from a market shift

    About this lesson

    Does a low legal price guarantee everyone can buy?

    Open investigation

  15. Investigation 15 of 28

    Connect firm profits with market entry

    About this lesson

    Why can short-run profit disappear after entry?

    Open investigation

  16. Investigation 16 of 28

    Compare pricing rules without confusing revenue and welfare

    About this lesson

    Can a pricing change alter distribution even when quantity stays fixed?

    Open investigation

  17. Investigation 17 of 28

    Distinguish the wage from marginal hiring cost

    About this lesson

    Why can hiring one more worker raise the wage bill by more than their wage?

    Open investigation

  18. Investigation 18 of 28

    Read a frontier, an inefficient point and a technology shift

    About this lesson

    Does producing less of both goods prove resources are scarce?

    Open investigation

  19. Investigation 19 of 28

    Compare relative costs and the distribution of gains

    About this lesson

    Can trade create gains without making everyone better off?

    Open investigation

  20. Investigation 20 of 28

    Separate a subsidy wedge from an income-driven demand shift

    About this lesson

    Will a subsidy and stronger demand affect the seller in the same way?

    Open investigation

  21. Investigation 21 of 28

    Choose plant scale and distinguish industry cost patterns

    About this lesson

    Does the cheapest small plant remain cheapest at every output?

    Open investigation

  22. Investigation 22 of 28

    Reconcile product differentiation with long-run entry

    About this lesson

    Can a differentiated seller have market power and zero economic profit?

    Open investigation

  23. Investigation 23 of 28

    Separate input substitution from a shift in labor supply

    About this lesson

    Can cheaper equipment change hiring without changing labor productivity?

    Open investigation

  24. Investigation 24 of 28

    Separate shared benefits, policy costs and income distribution

    About this lesson

    Can private willingness to pay understate a service’s total benefit?

    Open investigation

  25. Investigation 25 of 28

    Construct a continuous entry equilibrium

    About this lesson

    Can zero economic profit coexist with price above marginal cost?

    Open investigation

  26. Investigation 26 of 28· Trade policy laboratory

    Trace a tariff from prices to lost surplus

    About this lesson

    Change a tariff, inspect a fixed-scale market graph and reconcile effects on buyers, sellers and government.

    Open investigation

  27. Investigation 27 of 28· Trade policy laboratory

    Follow quota rents to their recipients

    About this lesson

    Hold an import limit fixed and test who receives its scarcity value.

    Open investigation

  28. Investigation 28 of 28· Policy investigation

    Price a shared network and account for its funding

    About this lesson

    Compare three pricing rules for a fictional network, reconcile costs and transfers, and defend a qualified recommendation.

    Open investigation

Cumulative projectSaved workspace · human review remains separate
CUMULATIVE PROJECT

AP Microeconomics practice evidence portfolio

Explain choice, markets, responsiveness, firm decisions, externalities and labor outcomes using worked and unfamiliar cases.

Evidence and review criteria

  • Question is narrow enough for the cited evidence.
  • Units, denominators, arithmetic and source context are correct.
  • Comparison holds relevant assumptions fixed and acknowledges missing factors.
  • Distribution and uncertainty remain visible alongside averages.
  • An independently reasoned revision is supported; submission alone is not verified mastery.

Use your lesson captures and citations. This saved workspace supports a reviewer; it does not automatically grade your writing or certify proficiency.

Review examples and quality criteria

These are authored teaching examples for practicing review, not calibrated scoring standards. Apply your course’s specific rubric above. Different conclusions can be defensible when evidence supports them; factual and numerical errors still require correction.

Claim needing revision

The model raises total surplus, so the policy will benefit everyone.

More defensible reasoning

Under the stated schedules, the modeled total rises. The next step is to calculate buyer, seller and public effects separately, identify external costs and state which behavioral assumptions drive the result. A larger total permits some losses and is not a measured real-world policy effect.

Why the revision helps

Efficiency, distribution and empirical prediction answer different questions. A completed answer must supply the actual model values and a sensitivity case.

Assess the artifact, with assistance recorded separately
CriterionDeveloping evidenceSupported evidenceWell-substantiated evidence
Question and contextA broad topic or undefined population.A focused question, time/place and relevant definitions.A justified scope with context that changes the interpretation.
Sources and claimsNames a source but does not connect its contents to a claim.Cites specific records and explains provenance and relevance.Weighs limitations, corroboration and meaningful disagreement.
Mechanism and analysisGives a conclusion with missing steps or unclear units.Shows a valid causal chain, calculation or interpretation.Tests a credible alternative and explains sensitivity or uncertainty.
Transfer and revisionRepeats the worked answer despite changed facts.Adapts the reasoning to the unfamiliar case.Explains why the change matters and what evidence would reverse the conclusion.

Use “missing” when no relevant evidence is supplied. Do not average these descriptions into an automatic pass score. Record whether the learner followed an example, used guidance or worked independently, and review quality separately.

  1. Locate one specific claim and its supporting source or calculation.
  2. Check the context, units and intermediate reasoning.
  3. Identify one plausible alternative and the evidence that distinguishes it.
  4. Ask for a revision or an unfamiliar application; explain the reason for the request.

The saved project remains a draft or a local submission. This page does not record instructor certification or infer understanding from response length.

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Export this project with your evidence
Separate application casesVersioned evidence · earlier work remains intact

Apply your reasoning to a separate case

These versioned cases add distinct evidence to the portfolio. Earlier drafts and local submissions remain intact. Write your explanation before revealing review notes when you want to retain a pre-feedback attempt.

NEW APPLICATION · VERSION 1

Choose output when private and external costs differ

Use this packet for a fresh written application. All records below are original fictional teaching materials. They test reasoning under stated conditions and do not establish actual historical or population facts. Your original course-project draft remains separate.

Record market

Citation ID: social:independent:microeconomics:v1-market

Fictional independent unit trades: buyer values are 16,13,9,6 credits. Corresponding marginal production costs are 4,7,10,13. Trades occur in that order when buyer value is at least production cost. There is no strategic price-setting in this rule.

Record external

Citation ID: social:independent:microeconomics:v1-external

Each traded unit causes 5 credits of uncompensated harm to others. The private trade rule ignores it. Treat harms as additive and certain for this exercise.

Record revision

Citation ID: social:independent:microeconomics:v1-revision

A revised estimate makes external harm 10 per unit. The production and value schedules do not change. No tax or enforcement mechanism has been implemented.

This case is shared across paths that use it. Revisiting it in another course retains drafts and known review-note exposure; it is not a new unseen assessment.

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NEW APPLICATION · VERSION 1

Audit an archive access and fairness brief

Use this packet for a fresh written application. All records below are original fictional teaching materials. They test reasoning under stated conditions and do not establish actual historical or population facts. Your original course-project draft remains separate.

Record service

Citation ID: social:independent:archive-access:v1-service

A fictional town proposes a digital historical archive. Once created, anyone can read its openly accessible files; assume spare server capacity, no access restrictions and no reduction in other readers' service from one additional reader. Separately, the town offers four reservable scanning-machine appointments each afternoon. A reservation code can exclude nonholders, and one person using a machine prevents another from using that slot. Public ownership applies to both services.

Record providers

Citation ID: social:independent:archive-access:v1-providers

Five storefronts offer commercial scanning nearby. Three share one owner; each remaining store is independently owned. Prices, location and service quality differ. Customers may use a mail-in service, but switching patterns and entry costs are unknown. A council brief says: "Five stores prove perfect competition, so every supplier must take the same price."

Record funding

Citation ID: social:independent:archive-access:v1-funding

For one period, creating the open archive uses 90 credits of real resources. Three exhaustive, nonoverlapping user groups have aggregate benefits of 45, 35 and 25 credits under the teaching assumptions. These are benefits of the same archive, not competing purchases. A compulsory financing proposal charges the groups 30 each. Collecting these charges uses a further 12 credits of resources, paid from a separate public budget; no other effects are included. A voluntary contribution survey collects pledges totaling only 40. The brief calls the archive worthless because pledges are below its creation cost.

Record survey

Citation ID: social:independent:archive-access:v1-survey

A separate fictional access survey covers four households with sizes 2, 4, 1 and 3 people. Annual incomes are 18, 35, 12 and 30 credits; corresponding teaching poverty cutoffs are 20, 32, 15 and 30. All household members count as poor only when their household income is strictly below its cutoff. Nobody is counted twice. These are not official thresholds. An audit later finds the second household's income unverified; household size remains known. The brief reports that "half the population is poor" and treats the unverified income as zero.

This case is shared across paths that use it. Revisiting it in another course retains drafts and known review-note exposure; it is not a new unseen assessment.

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NEW APPLICATION · VERSION 1

Audit a workshop hiring and wage-policy brief

Use this packet for a fresh written application. All records below are original fictional teaching materials. They test reasoning under stated conditions and do not establish actual historical or population facts. Your original course-project draft remains separate.

Record production

Citation ID: social:independent:workshop-hiring:v1-production

A fictional workshop chooses 0, 1, 2, 3 or 4 workers for one day. Extra revenue from the first through fourth workers is respectively 14, 12, 10 and 8 credits. These are incremental revenues, not cumulative totals. No fifth worker can be hired in this case. There are no variable costs other than wages.

Record pay

Citation ID: social:independent:workshop-hiring:v1-pay

To attract L workers without a wage floor, the workshop must pay every hired worker the same daily wage: 2 + 2L credits. With a floor F, the common wage is whichever is larger: F or 2 + 2L. The floor does not require any hires. Compare F=0, F=8 and F=12. All hiring choices are feasible if this pay rule is met; no discrimination between workers in pay is allowed.

Record commitment

Citation ID: social:independent:workshop-hiring:v1-commitment

A 9-credit equipment fee is already contractually committed for this day. It is payable even if the workshop hires no workers, and cannot be recovered by closing today. Profit for each choice equals total revenue minus the whole wage bill minus this fee. The owner maximizes this one-day profit. Do not invent a tie-breaking preference. Next month a different equipment contract could be avoidable; that is not the current decision.

Record observation

Citation ID: social:independent:workshop-hiring:v1-observation

Separate fictional observational records report employment across ten tracked businesses in policy district A rising from 40 to 44 workers, and across ten tracked businesses in comparison district B rising from 50 to 60 in the same interval. All twenty businesses are tracked in both periods. A introduced a wage floor; B did not. No prior trends, hours, worker earnings, industry composition, other policy changes or uncertainty estimates are supplied. These district totals are not the single workshop’s model outputs.

Record brief

Citation ID: social:independent:workshop-hiring:v1-brief

A proposed brief states: use the new worker’s wage as the entire incremental hiring cost; at a floor of 12 the workshop must close because every plan loses money; and A’s four added jobs prove the floor created jobs and improved everyone’s welfare. The brief gives no evidence beyond these records.

This case is shared across paths that use it. Revisiting it in another course retains drafts and known review-note exposure; it is not a new unseen assessment.

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Course references