I am considering to self study either AP micro or macro economics with AP statistics. What is the difference between those two, and what are some good books for them including AP Statistics? </p>
Thanks. </p>
<p>Idk about Econ, but I used Barron’s flash cards and the Barron’s book and got a 5. I didnt self study, but if you are I suggest watching a lotttttt of YouTube videos. This will help you get better with the kind of notation you need to use on the exam. </p>
<p>Macroeconomics is about trends and relationships within an entire economy (supply and demand, shifters, money market, loanable funds market, inflation, interest, GOP)</p>
<p>Microeconomics is based on how various corporations would make decisions. The big focus is on the four models: Perfect Competition, Monopoly, Monopolistic Competition, and Oligopoly. There is also discussion of taxes, elasticity, and the labor market.</p>
<p>Neither is horribly challenging but macroeconomics is significantly easier and contains many of the concepts needed for microeconomics.</p>
<p>If you can get your hands on it, just read the Krugman’s AP Econ textbook. It’s a pretty easy read and not too long.</p>
<p>Also, in class, we watched “Mr. Clifford” youtube videos…they’re kind of weird but informative enough</p>
<p>The biggest challenge of the econ exam is the curve (I believe you need to score in the 80s for a 5)</p>
<p>Thanks you guys, these are pretty helpful tips. I think I will do Macro and statistics this year and micro the next year with another AP course. </p>