Official AP Microeconomics 2013 Thread

<p>Hi there!
I’m going into grade 10 at a canadian school. I phoned my school and many online schools but was told I’m too young to take an AP course. I’m going to self study both macro and micro since I have an interest in economics and my school only offers ap calc, physics and chem while some of the other local schools offer around 15 ap courses.</p>

<p>If you’re taking the AP course, you probably don’t need to worry about these exams; they’re fairly easy. Of course, it depends on the effectiveness of your teacher.</p>

<p>I self-studied both last year and scored 5 on both. Here’s some tips:</p>

<p>Khan Academy might be a good start (for intuitively understanding basic concepts), but I don’t think it goes in depth or follows the AP curriculum. Textbooks aren’t essential; I used 5 Steps to a 5 (which I recommend) and sometimes supplemented areas that were more difficult with Reffonomics (google it) and rarely, PR (I prefer 5 Steps). If you enjoy an interesting read, try Naked Economics; If you really want to read a dry textbook, go right ahead. (Naked Economics won’t get you that 5. I just found it interesting, and you’ll gain a solid intuitive understanding of concepts.)</p>

<p>Remember that you don’t need to buy everything - check your school, local public, and CC libraries! You could also drop by B&N or Hastings to read a few pages/chapters. (If you’re going to read the entire book, buy it. The book is supposed to be sold as new, not used.)</p>

<p>Good luck.</p>

<p>Bump. I’m not sure if there’s an AP Macroeconomics Official Thread 2013, but I found this one, and I guess it will serve for both AP Macro and Micro, or until someone makes a Macro thread.</p>

<p>Freshie here! Taking Microeconomics my second semester online (FLVS)! I’ll probably buy the 5 steps to a 5 book…</p>

<p>Hm. How many months of self study for a five? I am a quick reader, and I comprehend financial issues quite well. I have started khan academy. I wanna take the easier of micro/macro. Any recommendations in terms of

  1. Which test do I take?
  2. How many hours a week should I put in?
  3. What materials should I use?</p>

<p>Attempting to self-study for micro this year to get out of a Core requirement. My school offers an AP macro class, which I am taking 2nd semester, but no micro.
What review book is the best for something that acts more like a textbook than a review book (like PR)? I tend to just read and memorize for subjects like this.</p>

<p>Do you think AP Microeconomics will help with a Civil Engineering Degree? If not What AP’s should I take other than the obvious AP Calculus and AP Physics.</p>

<p>BUMP BUMP! Let’s get this thread up and going again!!!</p>

<p>Yeah! The exam is only 13 days away O.O</p>

<p>I know its late and all… but if i start studying now will i be able to get a 5??? i’ve already done the material last year so im sorta hoping that its just gna be a review of the material i did… should i just give up?</p>

<p>Yes.[[[[[[[[[[</p>

<p>My economics teacher was freaking amazing, and I could probably sleep through this and get a 5. Not due to any effort of my own necessarily, my teacher just explained everything incredibly well. I’m almost excited for it! =P
Macro on the other hand… needs some work.</p>

<p>iloveoasis: if you knew it really, really well last year I think you might be able to.</p>

<p>So I got a 2 on my practice AP Micro test. :(. I studied so hard and when I got the test, I couldn’t remember anything.</p>

<p>Is it necessary to know imperfectly competitive labor markets for the exam? I don’t understand them at all!</p>

<p>We’ve taken three practice tests in class, and each has had a single question on monopsonies, so no, you don’t really need to know them. It’s worth reviewing, though, in case there is an FRQ on them.</p>

<p>My teacher is predicting that labor markets and oligopoly will appear on the FRQs. IMO, the long FRQ could be labor markets. </p>

<p>Also my teacher never taught us taxes. Seriously. I hate how easy it is to make dumb little mistakes on this exam.</p>

<p>In the practice tests I’ve seen, the lowest-cost equation (MUx/Px = MUy/Py) has shown up a lot, although it hasn’t come up in class. On the test I just took, it was on two or three multiple choices and a FRQ.
Simple, but one of the few real equations for micro.</p>

<p>How are y’all studying/reviewing? I’m using Princeton Review but I feel like none of the information is staying in my head and I’m freaking out for the exam.</p>

<p>I haven’t done micro since first semester. I’m using Schmoop to study.
Should be a relatively easy 4, but the curve for a 5 doesn’t seem generous.</p>