Micro/Macro Economics?

<p>My friend said he’d try to self study for one for his junior year but I have a couple questions to those of you who did take the exam.</p>

<li><p>What are these two about?</p></li>
<li><p>Are they interrelated topics, and if so, how much do they overlap?</p></li>
<li><p>If I self-study one (or both) over the summer and brush up on it before the AP exams, how easy would it be to get a 4 or a 5 on it?</p></li>
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<p>I might just use these as “filler” to get the National AP Scholar status - I don’t have to get a 5 on them (because I’ll only submit my 5’s anyways…)</p>

<p>Read collegeboard.</p>

<p>Macro prefix means "large"
Micro prefix means "small"</p>

<p>macroeconomics deals with economy wide concepts: federal reserve, inflation rate, stocks, etc.</p>

<p>microeconomics is more narrowly focused....on individual business: monopoly, average total cost, deadweight loss, marginal product, etc.</p>

<p>They aren't related too much except Macro builds on a lot of concepts from micro: law of supply, law of demand, AVC intersects ATC at lowest point, profit maximization.... </p>

<p>If you're really that determined to become an AP National Scholar, I think you'll probably want to self-study AP Econ. It's very self-teachable.</p>

<ol>
<li><p>Microeconomics deal with economics on a smaller scale (individual and single firms). Macroeconomics deal with economics on a grander scale (national and international).</p></li>
<li><p>It's not 100% overlap, but Micro concepts apply for most of Macro.</p></li>
<li><p>Depending on how motivated you are during the summer. I wasn't very motivated and started on Micro two days before the test. I got a 3 - so don't be like me. Start early, this is not Psych :D</p></li>
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<p>which one is easier?</p>

<p>I bet they're both about the same.</p>

<p>Is it easier to self-study macro and micro than to self-study human geo and psych?</p>

<p>macro is theory but micro involves a lot of math</p>

<p>my friend took the macro class, and got a 4 on the exam. She self-studied Micro the week before (using 5 steps to a 5) and got a 5.</p>