The natural refrigerants have used into HVAC equipments because the CFCs and HFCs have some environmental problems like high ODP and GWP. The carbon dioxide has small effect on the environmental problem but also good thermodynamics properties. In this study, the simulation study on the performance and characteristics of a $CO_2$ gascooler and evaporator using a fin-tube and microchannel heat exchanger has been conducted. Besides, the comparison of performance with operating condition was carried out in order to apply to the $CO_2$ heat pump system. As a result, the front sizes of a gascooler and evaporator using a microchannel were decreased by 63% and 58%, respectively, compared to those using a fin-tube. The performance of the fin-tube gascooler and evaporator were more responsive to the variation of operating conditions compared to that of microchannel. The pressure drop of a fin-tube heat exchanger was higher than that of a microchannel one.