CLEP Macro and Microeconomics

[ceekay84]

Is studying IC ONLY enough to pass the two CLEPs?

[ShotoJuku]

[SIZE="2"][COLOR="Navy"]Good question and one that has two distinct answers - yes -or- no.

YES - Only if you have one or those minds that can absorb all of the concepts easily and you have a gift and/or a background in macro/micro already.

NO - Not if you're human! :eek: . I used (needed) not only IC but used the Cliffs Quick Review book and the Standard Deviants video (a REAL MUST).

REA is coming out with macro and micro books in July too.

Good luck![/COLOR][/SIZE]

[Matymus]

[SIZE="2"][COLOR="Navy"]Good question and one that has two distinct answers - yes -or- no.

YES - Only if you have one or those minds that can absorb all of the concepts easily and you have a gift and/or a background in macro/micro already.

NO - Not if you're human! :eek: . I used (needed) not only IC but used the Cliffs Quick Review book and the Standard Deviants video (a REAL MUST).

Good luck![/COLOR][/SIZE]

I agree. If you're completely new to economics....then you will definitely need other supplemental sources of information. I used my old Economics textbook from my community college for Micro.

[SEAHAG]

These two are the first two test I plan on taking. I will be using the Cliff Quick Study, and old text book, and IC.

Good Luck

[ceekay84]

what is this cliff quick study everyone is talking about? any links?

[SEAHAG]

It’s just a study guide put out by “cliff notes”. I bought mine at Barnes & Noble for $9.99.

[ceekay84]

ooh I got to look into that! thanks! hilarious

[studyhard]

Don't feel bad if it takes a few days for the subject matter to "click" for you. I felt like my brains were MUSH and got so discouraged when I was studying for these two, especially macro. It did finally click though.

Frankly, I used IC almost exclusively because I couldn't get either the REA book or the Cliffs book to make any sense to my poor feeble brain. I also used an online book (see this link: http://william-king.www.drexel.edu/top/p...oToC.html). I didn't read all of it, but read certain chapters on areas I was sticky with. He does a good job of explaining concepts and graphs--MUCH better than either Cliffs or REA. (The REA practice test was very helpful though, as was the CLEP practice test.)

I had taken economics in high school, so conceptually I was familiar with the basics. Plus I took a lot of math in high school so the math side of it clicked pretty well when I finally got a handle on WHAT the graphs meant. (Thought I was going to tear my hair out with the graphs!) So if you've taken economics before, you probably won't have too much trouble at the conceptual level...it's just getting familiar with the graphs and the jargon.

I ended up with a 73 (74? I forget) on macro and a 65 (I think) on micro. So it is definitely doable....just make sure you know how to read a graph, that MPS +MPC = 1, that the money multiplier is 1/percentage ration (I think....double check that!) and is also 1/1-MPS. And be sure you can tell the difference between a change along the supply or demand curve and an actual change in supply and demand.


Good luck!

[ceekay84]

Frankly, I used IC almost exclusively because I couldn't get either the REA book or the Cliffs book to make any sense to my poor feeble brain. I also used an online book (see this link: http://william-king.www.drexel.edu/top/p...oToC.html). I didn't read all of it, but read certain chapters on areas I was sticky with. He does a good job of explaining concepts and graphs--MUCH better than either Cliffs or REA. (The REA practice test was very helpful though, as was the CLEP practice test.)

This is what I got from the website...
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[studyhard]

I think I pasted it in wrong...here's the link again and it should work this time. Sorry about that.
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