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INTRODUCTION
1 The AP Tests in Microeconomics and Macroeconomics
2 The Discipline of Economics
3 Economic Systems
4 Demand and Supply: The Basics

MICROECONOMICS
Barron s Essential 5
5 Elasticity, Taxation, and Consumer Choice
6 Costs of Production
7 Perfect Competition
8 Monopoly
9 Imperfect Competition: Monopolistic Competition and Oligopoly
10 Resource Markets with Applications to Labor
11 Government and Public Sector: Market Failure, Rents, Externalities, Public Goods, Efficiency
Microeconomics Practice Test

MACROECONOMICS
Barron s Essential 5
12 The National Economic Accounts
13 Inflation and Unemployment
14 Aggregate Supply and Aggregate Demand
15 Fiscal Policy
16 Money and Banking
17 Monetary Policy
18 Economic Growth
19 International Trade and Exchange
Macroeconomics Practice Test
Index

This in-depth preparation for both AP Economics exams provides a detailed review of all test topics, including: supply and demand, theory of consumer choice, market structures, labor resources, monopsony, national income and gross domestic product, inflation and unemployment, monetary policy, economic growth, international trade and exchange, interest rate determination, and much more. The book includes two full-length practice tests (one in Microeconomics and one in Macroeconomics) with all test questions answered and explained.

BONUS ONLINE PRACTICE TESTS: Students who purchase this book will also get FREE access to two additional full-length online AP Microeconomics/Macroeconomics tests with all questions answered and explained. These online exams can be easily accessed by smartphone, tablet, or computer.