CLEP Principles of Macroeconomics w/CD-ROM (CLEP Test Preparation) - Softcover

Sattora, Richard; CLEP

Softcover

ISBN 10: 0738603074 ISBN 13: 9780738603070

Publisher: Research & Education Association, 2007

Synopsis

CLEP - An easier path to a college degree. Get college credits without the classes.

CLEP PRINCIPLES OF MACROECONOMICS – with TESTware®

Includes CD with timed practice tests, instant scoring, and more.

Based on today’s official CLEP exam

Are you prepared to excel on the CLEP?

* Take the first practice test to discover what you know and what you should know

* Set up a flexible study schedule by following our easy timeline

* Use REA's advice to ready yourself for proper study and success

Study what you need to know to pass the exam

* The book's on-target subject review features coverage of all topics on the official CLEP in context of aggregate demand and aggregate supply and monetary and fiscal policy tools, such as gross domestic product, consumption, investment, unemployment, inflation, inflationary gap, and recessionary gap.

* Smart and friendly lessons reinforce necessary skills

* Key tutorials enhance specific abilities needed on the test

* Targeted drills increase comprehension and help organize study

Take Practice Tests

* Create the closest experience to test-day conditions with the book’s 2 full-length practice tests on REA’s TESTware CD, featuring test-taking against the clock, instant scoring by topic, handy mark-and-return function, pause function, and more.

* OR choose paper-and-pencil testing at your own pace

* Chart your progress with full and detailed explanations of all answers

* Boost your confidence with test-taking strategies and experienced advice

REA is the acknowledged leader in CLEP preparation, with the most extensive library of CLEP titles and software available. Most titles are also offered with REA's exclusive TestWare software to make your practice more effective and more like exam day. REA's CLEP Prep guides will help you get valuable credits, save on tuition, and advance your chosen career by earning a college degree.

About this title

From the Back Cover

EARN COLLEGE CREDIT WITH CLEP – GET THE MOST COMPREHENSIVE GUIDE ON THE MARKET TODAY!

CLEP Principles of Macroeconomics

The Most Complete CLEP Principles of Macroeconomics Subject Review
Everything you need to know for the CLEP Principles of Macroeconomics exam. Comprehensive review chapters completely align with all the subjects tested on the exam.

The Best CLEP Principles of Macroeconomics Practice Exams Available
2 full-length CLEP Principles of Macroeconomics practice tests based on official CLEP exam questions released by the College Board.

Total Explanations of Questions & Answers
Each CLEP Principles of Macroeconomics practice test comes with detailed feedback on every question. We don’t just say which answers are right – but why the others are wrong – so you’ll be prepared for the CLEP Principles of Macroeconomics exam.

Proven Test-Prep Methods
REA’s focused content and practical advice have helped millions succeed on their exams. With our step-by-step plan, you can score high on the CLEP Principles of Macroeconomics exam and earn the college credit you deserve!

Get the World’s Most Advanced CLEP Software
REA’s CLEP Principles of Macroeconomics TestWare combines a realistic test environment with the most powerful scoring analysis and diagnostic tools available. With every CLEP practice test you take, you’ll gain knowledge and confidence for the real exam. Automatic scoring and instant reports help you zero in on the topics and types of questions that give you trouble now, so you’ll succeed on the CLEP Principles of Macroeconomics exam!

What is CLEP?
CLEP is the College Board’s credit-by-examination program for more than 30 subjects. Each exam passed earns the student between 3-12 credits at more than 2,900 colleges and universities in the U.S. and abroad. REA has the largest library of CLEP test preps that can help you earn college credit while saving you valuable time and money.

Excerpt. © Reprinted by permission. All rights reserved.

Introduction

PASSING THE CLEP PRINCIPLES

OF MACROECONOMICS EXAM

ABOUT THIS BOOK AND TESTware®

 

This book provides you with complete preparation for the CLEP Principles of Macroeconomics exam. Inside you will find a targeted review of the subject matter, as well as tips and strategies for test taking. We also give you two true-to-format practice tests, based on the official CLEP Principles of Macroeconomics exam. Our practice tests contain every type of question that you can expect to encounter on the actual exam.

 

Following each practice test you will find an answer key with detailed explanations designed to help you more completely understand the test material. The practice exams in this book and software package are included in two formats: in printed format in this book, and in TESTware® format on the enclosed CD for Windows-based computers. We strongly recommend that you begin your preparation with the TESTware® practice exams. The software provides the added benefits of instant scoring and enforced time conditions.

 

ABOUT THE EXAM

Who takes CLEP exams and what are they used for?

CLEP (College-Level Examination Program) examinations are typically taken by people who have acquired knowledge outside the classroom and wish to bypass certain college courses and earn college credit. The CLEP is designed to reward students for learning—no matter where or how that knowledge was acquired. The CLEP is the most widely accepted credit-by-examination program in the country, with more than 2,900 colleges and universities granting credit for satisfactory scores on CLEP exams.

 

Although most CLEP examinees are adults returning to college, many graduating high school seniors, enrolled college students, military personnel, and international students also take the exams to earn college credit or to demonstrate their ability to perform at the college level. There are no prerequisites, such as age or educational status, for taking CLEP examinations. However, because policies on granting credits vary among colleges, you should contact the particular institution from which you wish to receive CLEP credit.

There are two categories of CLEP examinations:

1. CLEP General Examinations, which are five separate tests that cover material usually taken as requirements during the first two years of college. CLEP General Examinations are available for English Composition (with or without essay), Humanities, Mathematics, Natural Sciences, and Social Sciences and History.

2. CLEP Subject Examinations include material usually covered in an undergraduate course with a similar title. For a complete list of the subject examinations offered, visit the College Board website.

 

Who administers the exam?

The CLEP exams are developed by the College Board, administered by Educational Testing Service (ETS), and involve the assistance of educators throughout the United States. The test development process is designed and implemented to ensure that the content and difficulty level of the test are appropriate.

 

When and where is the exam given?

CLEP exams are administered each month throughout the year at more than 1,300 test centers in the United States and can be arranged for candidates abroad on request. To find the test center nearest you and to register for the exam, you should obtain a copy of the free booklets CLEP Colleges and CLEP Information for Candidates and Registration Form. They are available at most colleges where CLEP credit is granted, or by contacting:

CLEP Services

P.O. Box 6600

Princeton, NJ 08541-6600

Phone: (800) 257-9558 (8 a.m. to 6 p.m. ET)

Fax: (609) 771-7088

Website: www.collegeboard.com/clep

 

CLEP exams are available free of charge to eligible military personnel and eligible civilian employees. All the CLEP exams are available at test centers on college campuses and military bases. In addition, the College Board has developed a paper-based version of 14 high-volume/high-pass rate CLEP tests for DANTES Test Centers. Contact the Educational Services Officer or Navy College Education Specialist for more information.

Visit the College Board website for details about CLEP opportunities for military personnel.

 

Eligible U.S. veterans can claim reimbursement for CLEP exams and administration fees pursuant to provisions of the Veterans Benefits Improvement Act of 2004. For details on eligibility and submitting a claim for reimbursement, visit the U.S. Department of Veterans Affairs website at www.gibill.va.gov/pamphlets/testing.htm.

 

SSD Accommodations for Students with Disabilities

Many students qualify for extra time to take the CLEP Principles of

Macroeconomics exam, but you must make these arrangements in advance.

For information, contact:

College Board Services for Students with Disabilities

P.O. Box 6226

Princeton, NJ 08541-6226

Phone: (609) 771-7137 (Monday through Friday, 8 a.m. to 6 p.m. ET)

TTY: (609) 882-4118

Fax: (609) 771-7944

E-mail: ssd@info.collegeboard.org

Our TESTware® can be adapted to accommodate your time extension.

This allows you to practice under the same extended-time accommodations

that you will receive on the actual test day. To customize your TESTware® to

suit the most common extensions, visit our website at www.rea.com/ssd.

 

 

HOW TO USE THIS BOOK

What do I study first?

Read over the course review and the suggestions for test-taking, take the first practice test to determine your area(s) of weakness, and then go back and focus your study on those specific problems. Studying the reviews thoroughly will reinforce the basic skills you will need to do well on the exam. Make sure to take the practice tests to become familiar with the format and procedures involved with taking the actual exam.

 

To best utilize your study time, follow our Independent Study Schedule, which you’ll find in the front of this book. The schedule is based on a four-week program, but can be condensed to two weeks if necessary by collapsing each two-week period into one.

 

When should I start studying?

It is never too early to start studying for the CLEP Principles of Macroeconomics exam. The earlier you begin, the more time you will have to sharpen your skills. Do not procrastinate! Cramming is not an effective way to study, since it does not allow you the time needed to learn the test material. The sooner you learn the format of the exam, the more time you will have to familiarize yourself with it.

 

FORMAT AND CONTENT OF THE EXAM

The CLEP Principles of Macroeconomics exam covers the material one would find in a college-level introductory macroeconomics class. The exam requires the test taker to understand concepts such as gross domestic product, consumption, and investment, and terms such as unemployment, inflation, inflationary gap and recessionary gap. Test takers should also understand the structure of the Federal Reserve Bank and the policies it uses to stabilize the economy. In addition, a basic understanding of foreign exchange markets, balance of payments, appreciation and depreciation of currencies is also expected.

 

The exam consists of 80 multiple-choice questions, each with five possible answer choices, to be answered in 90 minutes. The approximate breakdown of topics is as follows:

8–12%             Basic economic concepts

10–18%             Measurement of economic performance

60–70%             National income and price determination

10–15%             International economics and growth

 

ABOUT OUR COURSE REVIEW

Edition details

• Publisher: Research & Education Association
• Publication date: 2007
• ISBN 10: 0738603074
• ISBN 13: 9780738603070
• Binding: Paperback
• Language: English
• Number of pages: 224