AP Microeconomics Discussion Thread!

<p>Here, we will try to answer each other's question(s) on this subject in order to get ready for our exam on May 11th!</p>

<p>CC will not facilitate in any way facilitate cheating on the AP Exams or any other tests. Soliciting or providing answers, questions, and/or direction to websites or chat facilities will not be tolerated.</p>

<p>One poster has already been banned for providing answers and two others have been suspended for a week for soliciting answers.</p>

<p>Please keep discussion of the AP tests, or any other tests, within appropriate bounds.</p>

<p>--Moderator Obiwan</p>

<p>Mr.Obiwan, he wasn't trying to cheat. He was just asking for help before the exam? The exam was realeased for the first time during 06 on the 11th.</p>

<p>it's just a discretion for future posts within the thread i believe</p>

<p>How well do we have to understand concepts related to deadweight loss and game theory?</p>

<p>Game theory is the easiest part of microeconomics. All you need to do is know about Nash's whatever (when a square includes 2/2 correct behaviors?) and know how to predict each sides decision based on the info in the squares.</p>

<p>I have a problem with opportunity cost since I know it's change in X production=change in Y production divide it by change in X production!
So, here is the question:France produces 5 units of wheat and 10 units of cloth! So, the opportunity cost of wheat should be 2 cloth, right? Since the book said it's 1/2 cloth! I'm so confused!</p>

<p>I thought this exam was very easy. Compared to Macro, which I think I might've failed, this exam was a piece of cake. I feel like I got a 4, maybe a 5. Everything was straightforward.. some of the MC were confusing, but that is expected.</p>

<p>i thought macro and micro were about the same level of difficulty</p>

<p>i agree with european.</p>

<p>does anyone know what is the cut line of 5 on AP macro and micro?</p>

<p>I left 11 MC questions blank because I didn't have time to review the material that they were asking about!</p>

<p>71-90 = 5
54-70 = 4
40-53 = 3
Anything less than 40 is a 1 or 2, which doesn't really matter.</p>

<p>i definitely got a 3 or 4 on micro</p>

<p>I just (most likely) got a 5</p>

<p>is that for sure the preset curve runningcircles1 for macro and micro? iknow they set the curve b4 the test does it vary a point here and there differnet years? i took a practice econ test in my class for macro and i gota 70.5 and on the test i felt like it could have gone either way (high 4 or low 5)</p>

<p>I think I got a high 4 or a low 5 also, depending on the curve...</p>

<p>I thought FR was pretty easy, MC was so-so...</p>

<p>I was hoping for more game theory on the exam...after everyone here was saying that Nash Equlibrium would be on it, I spent so much time studying it...hmmph</p>

<p>did anyone else use calculus on the FR?</p>

<p>or was I the only non-noob one XD</p>

<p>i don't know if this will help but in PR microeconomics 5 was 68-90</p>

<p>wah? calculus?!</p>

<p>I remember doing some addition/subtraction for FR #2 (lol go me), but calculus? </p>

<p>I guess I'm a noob.:-P</p>

<p>What was the total points possible?</p>