***AP Macroeconomics & AP Microeconomics Thread 2015-2016***

@yolomaster98 Nah, but who really cares

@neptuna Yet you are still at risk of getting your score cancelled should you do so, especially on CC. Just wait until the College Board releases it Friday afternoon.

Any last minute tips for micro tomorrow? :frowning: I’m worried… my confidence level is low because of macro :frowning:

@yoyohi wait so did just the supply curve shift and not the demand? I might be completely wrong about this

@pqaixx I’m taking it as well. I can give you a few tips.

1.) Watch ACDC Econ videos. These give an excellent overview of the content.
2.) Know all of your markets! This will be a huge majority of the exam. (55-70% for product markets and 10-18% for factor markets)
3.) Practice some of the multiple choice and FRQs from College Board. Try to get familiar with what the exam expects you to do.
4.) Approximately 80% of the exam correct will get you a 5. It can vary slightly depending on the test itself.

I hope this helps. Good luck!

so do u guys think ap macro exam was harder than usual? I really want a generous curve… I feel like i really screwed up the second frq:(

I did some practice FRQs for AP Micro and got 18/21 overall but it won’t matter once I get 20/60 on the MC. :-h

Are the curves for interantional and USA students same ?

To get a 5, you have to get around 80 percent. With or without a curve? What’s the curve usually

Does ACDC have a video on factor markets? I’m extremely lost on them…

Anybody else really upset there was no AS/AD FRQ?! I practiced all the AS/AD FRQs because there’s been one almost EVERY year, but none this year.

Guys, for Micro tomorrow, do you think if I watch all these videos: https://www.youtube.com/playlist?list=PLLwN7gwI1k9dDbqBz7X-vnCjhKaSxbaVh I will be good? I have not paid attention one bit, and we had no tests and quizzes in the class, so I just sat back and enjoyed the ride all year. :stuck_out_tongue:

I took the practice test from 1995 for AP Micro and got 50/60. You can tell the test has changed considering I got 14/24 on the latest MC questions they released. smh why wasn’t I born in 1980

Or can I just watch this video: https://www.youtube.com/watch?v=JRlREpsr348&list=PL71234D006E682C13&index=9 I have such a headache; I don’t have the energy for this after World and Stat today. :frowning:

I am happy with a 3-4… So if I remember everything in this video, will I be fine? :stuck_out_tongue:

@neptuna what 24 MC did you do?

Does anyone know if the Lorenz curve is tested on?

@APScholar18 If you go to the page for AP Micro on the CB, there will be a link to a course description. The MC questions are there.

@neptuna oh thanks. Let me go try them.

@aznboi4981 i feel like that should be sufficient. although it seems like none of the videos in the playlist cover the factor market, so watch out for that.

5 Assume a consumer finds that his total expenditure on compact discs stays the same after the price of compact discs declines Which of the following is true for this price change?

Compact discs are inferior goods to this consumer
The consumer’s demand for compact discs increased in response to the price change
The consumer’s demand for compact discs is perfectly price elastic

The consumer’s demand for compact discs is perfectly price inelastic

The consumer’s demand for compact discs is unit price elastic

How can this possible be E?