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AP Microeconomics Practice Test

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About the Real AP Microeconomics Exam

The AP Microeconomics exam is a college-level test administered by the College Board. Scoring a 3 or higher (on a 1-5 scale) can earn you college credit at thousands of universities, saving you time and tuition money. Over 3 million students take AP exams each year.

Our AP Microeconomics Practice Test

Our AP Microeconomics practice test contains 60 original multiple-choice questions matching the current AP Microeconomics exam format. Questions are aligned to the College Board's course description and reflect the same topic weighting, difficulty distribution, and question styles found on the real exam.

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AP Microeconomics — Sample
The fundamental economic problem of scarcity forces societies to make choices about how to allocate their limited resources. Which of the following is NOT one of the basic economic questions that every society must address due to scarcity?
A What goods and services will be produced?
B For whom will the goods and services be produced?
C Why are the goods and services produced?
D How will the goods and services be produced?
Explanation. The correct answer is C. Due to the fundamental problem of scarcity – the fact that human wants for goods, services, and resources exceed what is available – every society must make choices about how to allocate its limited resources. To address this, economists identify three basic economic questions that all societies must answer, regardless of their economic system. These are: "What goods and s

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