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Economics Micro & Macro (CliffsAP) (Paperback)

~ Ronald Pirayoff (Author) "When thinking of economics, you should be aware of one simple synonym-choices..." (more)
Key Phrases: average total cost curve, aggregate demand curve shifts, perfectly competitive firm, United States, Federal Reserve, Review Questions (more...)
2.3 out of 5 stars  See all reviews (6 customer reviews)
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Editorial Reviews

Product Description

A complete test-prep guide to help students get their best score on the Advanced Placement Economics exams

Each year, high school students take Advanced Placement Macroeconomics and Microeconomics examinations to earn college credit in those fields. This guide provides full test-prep coverage of both tests within one book, including four full-length practice tests–two for each exam. Subject reviews cover the material necessary for test-takers to demonstrate their understanding of economics at either the micro or macro level.

Ronald Pirayoff (Glendale, CA) teaches Advanced Placement Economics at Burbank High School in Burbank.

From the Back Cover

Your complete guide to a higher score on the Economics Micro & Macro AP® exams

Why CliffsTestPrep Guides?

Go with the name you know and trust
Get the information you need–fast!
Written by test prep specialists

About the contents:

Introduction

  • General description of the test and scoring information
  • Successful test-taking strategies

Part I: Introduction to Economics

  • General overview of economic systems
  • Coverage of the six determinants of supply and of demand
  • Review questions and answers

Part II: Macroeconomics

  • National income accounting
  • Models of aggregate expenditures, aggregate supply, and demand
  • Analysis of fiscal and monetary policy

Part III: Microeconomics

  • Consumer choices and the demand curve
  • Production costs, product markets, and profit maximization
  • The government’s role, externalities, and efficiency
  • Overview of international economics

Part IV: 4 full-length practice exams with Answers and Explanations

See all Editorial Reviews

Product Details

  • Paperback: 272 pages
  • Publisher: Cliffs Notes; 1 edition (February 27, 2004)
  • Language: English
  • ISBN-10: 076453999X
  • ISBN-13: 978-0764539992
  • Product Dimensions: 10.7 x 8.2 x 0.8 inches
  • Shipping Weight: 15.2 ounces (View shipping rates and policies)
  • Average Customer Review: 2.3 out of 5 stars  See all reviews (6 customer reviews)
  • Amazon.com Sales Rank: #53,318 in Books (See Bestsellers in Books)

    Popular in these categories: (What's this?)

    #61 in  Books > Business & Investing > Economics > Microeconomics
    #66 in  Books > Business & Investing > Economics > Macroeconomics
    #80 in  Books > Reference > Test Prep Central > Advanced Placement

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More About the Author

Ron Pirayoff
Discover books, learn about writers, read author blogs, and more.

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Front Cover | Table of Contents | First Pages | Back Cover | Surprise Me!
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Inside This Book (learn more)
First Sentence:
When thinking of economics, you should be aware of one simple synonym-choices. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
average total cost curve, aggregate demand curve shifts, perfectly competitive firm, monopolistically competitive firm, walnut industry, spending multiplier, peach industry, aggregate supply curve, loanable funds market, contractionary fiscal policy, price level rises, unitary elastic, production possibilities curve, discretionary fiscal policy, aggregate demand increases, selling government bonds, average variable cost, spillover costs, average fixed cost, monopolistic firm, profit maximizing price, lower opportunity cost, price floor, checkable deposits, expenditures approach
Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Federal Reserve, Review Questions, Mini-Review Answers, Phillips Curve, Farmer Jill, Quantity Figure, Decrease Decrease, Decrease Increase, Increase Decrease, Microeconomics Tests, Free-Response Questions Directions, Multiple-Choice Questions Directions, Total Time
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Customer Reviews

6 Reviews
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Average Customer Review
2.3 out of 5 stars (6 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

 
9 of 10 people found the following review helpful:
1.0 out of 5 stars Poorly written, not edited, May 10, 2006
This book was horrible. I bought it for the practice tests, and not only did they repeat the same questions in the same tests on occasion, there were many cases where words were mispelled, or key parts of the problems (such as graphs) were left out completely. This book was of shoddy construction and should be avoided as a tool to study for the economics exams.
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4 of 4 people found the following review helpful:
2.0 out of 5 stars Have other sources at hand if using this book., December 22, 2008
Pro: Contains good graphs.

Cons: Badly edited, if it was even edited to begin with. On the answer to question #3 of the Review Questions in pg. 32, it says the answer is E, claiming that when cross-elasticity of demand is positive, the goods are complements. If you look on pg. 28 where it explains Cross-Elasticity, it says "If in the previous equation we get a positive number, it is safe to assume that the two goods are substitutes." Ironically, I used the Cliffs Quick Review for Economics to sort this out.
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3 of 3 people found the following review helpful:
2.0 out of 5 stars Not too helpful, July 30, 2007
This book has good graphs and short descriptions, especially if you're looking for the quick definition of an economics term, but overall, it is too general and not helpful enough when you are studying for the AP Economics exam. I used it to review, but the book did not go into enough detail to really be of use to me. Also, there were many instances where the notes in the CliffsAP book contradicted with what I had learned in my economics course and in various impressive, reliable textbooks.
I do not recommend using this book. It was quite a waste. I have heard that "5 Steps to a 5 on the AP exam" is better.
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Most Recent Customer Reviews

2.0 out of 5 stars This book is not good for a CLEP exam.
I guess I shouldn't be complaining because I was attempting to pass the macroeconomics CLEP exam with the AP cliff notes book. Read more
Published on April 29, 2006 by D. Smith

4.0 out of 5 stars Economic AP Cliff Notes
Haven't reviewed the book as yet but am looking forward to using the Cliff Notes in conjuction with an AP Macro and Micro Ecomonics book to prepare for a CLEP test.
Published on March 20, 2006 by Florence Herr

3.0 out of 5 stars scatterbrain
Perhaps i shouldn't be complaining because i didn't actually take a microecon course and i'm trying to wing the test by using this book. Read more
Published on April 28, 2005 by G. Park

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