12-31-2008, 09:48 AM
I posted the info below in the "Specific Exam Feedback" section. Posting here as well. 
I just took microeconomics yesterday and passed with a 61. First half of the test was pretty easy, but most of second half was pretty difficult with a lot of ambiguous questions dealing with short and long run supply curves and comparing between monopolistic competition and monopoly. I would say Peterson's exam three probably the closes to the type of questions asked for my exam. Toward the majority of second half of my test, I was pretty suck choosing between two answers and started feeling that I might be really close to just passing.
My preparation was much different than others. I took Macroeconomics at my local community college and had an awesome professor who gave a lot of examples on how to learn the graphs and did a lot of group projects in class. I was also impressed with the book we used for macroeconomics called "Macroeconomics for Today," The semester ended on Dec 18th, so I decided to buy a used "Microeconomics for Today" but an older 4th edition because it was only 8 dollars which included shipping.
Since there was a lot of overlap between both books, on microeconomics book, the first four chapters and the last three chapters was exactly the same content, I just read power points and did practice questions from the "companion website" for the book on the other chapters for chapter 5 thru 14, I did the following:
I read the chapter on my book then went to the companion website and read the power points for that chapter. once that was done, I completed the Practice Quiz for that chapter. I liked the Practice Quiz because it was a PowerPoint that showed the question, followed by the answer with a short explanation. Once that was done, I did the Interactive Quiz for that chapter.
I did the above for all chapters on the "Microeconomics for Today" book, which is not bad for 8 dollars.
Once that was one, I went to the "Power of Economics" that was recommended in previous posts. That was an awesome site that has additional power points. I would recommend that you download all of the power points under section 3 for both parts of the 14 lectures before you view them. Prior to watching the first one, you will want to open the file and click on Slide Show from menu bar, then Set Up Show, and change the radio button under Advance Slides over to Manually, then you can watch the slide show. Reason being, the narrator goes to fast and cuts off the last 5 seconds when talking and transitions to the next page. By switching it to manually, you can click the next page, so that way you can read or view any graphs and wait until he is done talking before switching to the next page. Again, these videos are great to watch and listen.
Once I was done with the book, companion site and power of economics, I read the passyourclass guide while at work because it fit nicely in my work files and appeared as if I was working really hard. lol. Also, I used IC and went over those at least 4 times. I also went to Peterson's website and downloaded the first test and printed the answers and studied those.
Once all of the above was done, I took Peterson's exams and scored the following:
Exam 2 58/80 = 72%
Exam 3 50/80 = 62%
I went over all three exams to understand what I did wrong. As mentioned previously, exam 3 on Peterson's appeared the closest to my real exam on the type of questions asked.
I know it was overkill for some on how I studied from 12/18-12/30, but I wanted to make sure I had a good understanding of micro prior to taking the exam. I am down to 5 courses left and decided to take "Ethics in Criminal Justice" at Penn Foster as I chickened out of "Ethics in America"
Courses left for my B.S. in General Business at Excelsior:
Ethics in Criminal Justice - Penn Foster
Managerial Accounting - either American River College or Penn Foster
Financial Management - toward second half into acct will either study or take DSST or Penn Foster
Operations Management - Colorado State - Pueblo
Business Strategy - Excelsior
Then study for LSAT!!!

I just took microeconomics yesterday and passed with a 61. First half of the test was pretty easy, but most of second half was pretty difficult with a lot of ambiguous questions dealing with short and long run supply curves and comparing between monopolistic competition and monopoly. I would say Peterson's exam three probably the closes to the type of questions asked for my exam. Toward the majority of second half of my test, I was pretty suck choosing between two answers and started feeling that I might be really close to just passing.
My preparation was much different than others. I took Macroeconomics at my local community college and had an awesome professor who gave a lot of examples on how to learn the graphs and did a lot of group projects in class. I was also impressed with the book we used for macroeconomics called "Macroeconomics for Today," The semester ended on Dec 18th, so I decided to buy a used "Microeconomics for Today" but an older 4th edition because it was only 8 dollars which included shipping.
Since there was a lot of overlap between both books, on microeconomics book, the first four chapters and the last three chapters was exactly the same content, I just read power points and did practice questions from the "companion website" for the book on the other chapters for chapter 5 thru 14, I did the following:
I read the chapter on my book then went to the companion website and read the power points for that chapter. once that was done, I completed the Practice Quiz for that chapter. I liked the Practice Quiz because it was a PowerPoint that showed the question, followed by the answer with a short explanation. Once that was done, I did the Interactive Quiz for that chapter.
I did the above for all chapters on the "Microeconomics for Today" book, which is not bad for 8 dollars.
Once that was one, I went to the "Power of Economics" that was recommended in previous posts. That was an awesome site that has additional power points. I would recommend that you download all of the power points under section 3 for both parts of the 14 lectures before you view them. Prior to watching the first one, you will want to open the file and click on Slide Show from menu bar, then Set Up Show, and change the radio button under Advance Slides over to Manually, then you can watch the slide show. Reason being, the narrator goes to fast and cuts off the last 5 seconds when talking and transitions to the next page. By switching it to manually, you can click the next page, so that way you can read or view any graphs and wait until he is done talking before switching to the next page. Again, these videos are great to watch and listen.
Once I was done with the book, companion site and power of economics, I read the passyourclass guide while at work because it fit nicely in my work files and appeared as if I was working really hard. lol. Also, I used IC and went over those at least 4 times. I also went to Peterson's website and downloaded the first test and printed the answers and studied those.
Once all of the above was done, I took Peterson's exams and scored the following:
Exam 2 58/80 = 72%
Exam 3 50/80 = 62%
I went over all three exams to understand what I did wrong. As mentioned previously, exam 3 on Peterson's appeared the closest to my real exam on the type of questions asked.
I know it was overkill for some on how I studied from 12/18-12/30, but I wanted to make sure I had a good understanding of micro prior to taking the exam. I am down to 5 courses left and decided to take "Ethics in Criminal Justice" at Penn Foster as I chickened out of "Ethics in America"
Courses left for my B.S. in General Business at Excelsior:
Ethics in Criminal Justice - Penn Foster
Managerial Accounting - either American River College or Penn Foster
Financial Management - toward second half into acct will either study or take DSST or Penn Foster
Operations Management - Colorado State - Pueblo
Business Strategy - Excelsior
Then study for LSAT!!!