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Macro/Micro Econ - cobra427 - 05-30-2011
Anyone take the Macro/Micro economics CLEP?
If so, what was the degree of difficulty? Was there a ton of graphs or more geared toward concepts?
Thank you.
Macro/Micro Econ - ryoder - 05-31-2011
These were my first two cleps and they are not easy so definitely study well and don't take the tests until you know the material. I used the REA books and scored 72 on each. I also used another flashcard site since I didn't know about instantcert. Spark notes has some concise and useful info on these too. Check thexam specific feedback for more details. People do fail this one so take your time and learn economics.
Macro/Micro Econ - Tasman - 06-01-2011
cobra427 Wrote:Anyone take the Macro/Micro economics CLEP?Welcome to IC
If so, what was the degree of difficulty? Was there a ton of graphs or more geared toward concepts?
Thank you.
These questions have been asked and answered numerous times. All you have to do is a 'search'
If you subscribe to the flashcards, you also get free access to the specific exam feedback forum. Well worth $20 per month.
Macro/Micro Econ - cobra427 - 06-01-2011
ryoder Wrote:These were my first two cleps and they are not easy so definitely study well and don't take the tests until you know the material. I used the REA books and scored 72 on each. I also used another flashcard site since I didn't know about instantcert. Spark notes has some concise and useful info on these too. Check thexam specific feedback for more details. People do fail this one so take your time and learn economics.
Thank you for the response. These are the first 2 I have to take as well. I do have the REA books, so I'll make sure to study them well.
Thanks again.
Macro/Micro Econ - cobra427 - 06-01-2011
Tasman Wrote:Welcome to IC
These questions have been asked and answered numerous times. All you have to do is a 'search'
If you subscribe to the flashcards, you also get free access to the specific exam feedback forum. Well worth $20 per month.
Thanks for the heads up. I'll make sure to run a search next time.
Macro/Micro Econ - ryoder - 06-01-2011
Stare at the aggregate supply and aggregate demand graphs until you understand what they mean and what it means when the curve shifts to the left, right, up or down. You will be asked this on the test numerous times.
For micro, understand fixed costs, variable costs, producer surplus, supplier surplus, where on the curve profits are maximized and at what point the plant should shut down (when it spends more in variable costs to produce the next unit than it gets in revenue).