I will be taking Clep Macroeconomic Any of you guys who have taking the test can you please give me some advise and what to expect. How long did you study for? Which study guide you recommend? Thank You,
I guess no one here took that one. Any good macro textbook should be okay. My favorite is Principles of Economics by N. Gregory Mankiw. It's the most understandable Economics text i've come across, and I've looked through dozens. Don't get the new edition though, get the one before that's used. It's a lot cheaper!
I took this CLEP in London about 2 years ago. The book I have used to study both this one and Clep Microeconomics is: ECONOMICS, published by McGraw-Hill and authored by Paul A. Samuelson and William Nordhaus, already in its fifteenth edition then which someone told me is the wordwide standard text for these subjects. I am a slow learner but thorough and went through the whole book line by line. Also there's an accompanying study guide with exercises and summaries which I used. I passed both, but it did require studying. But if you've got a better background you might be able to benefit from more summarized texts mentioned in some posts (Cliff's Guides or Barrons I think?).
From my site: Here are a few resources I found invaluable for macro, and the recommended order for studying: 1) Standard Deviants Macroeconomics videotape - you can usually find this on eBay for around $10-12 + shipping. Great as an introduction (albeit a bit silly at times). 2) Professor DeBoer's lecture notes (Purdue University) - can be found at http://www.agecon.purdue.edu/academic/agec217/deboer/lecnotes.htm 3) Barron's Business Review book for Economics 4) Sample test from the Official CLEP guide 5) Sample tests from Professor DeBoer's site (see above). I don't think that there are any historical references on the CLEP exam so I skipped these on the DeBoer exams. I ended up scoring a 70 on the exam - if you know the material well, including supply/demand (and can understand what impacts each), Keynsian vs. Classical vs. Supply-Side economics, fiscal and monetary policy...you should pass with room to spare. Cheers, Mark
instantcert comes through again..... I knew absolutely nothing about Macroeconomics. Crammed for about a week with instantcert's preparation materials. I thought I failed, but it turned out that I got a 53 on it (53 on the old pencil-paper CLEP, the minimum back then was a 44). Excelsior gave me an "A" on it. Make sure you can identifiy short run and long run analysis in a chart format. I remember there being at least 10 questions with picture graphs as answer choices and you have to be able to identify the correct graph. I have an entire booklist for the clep here: http://www.123collegedegree.com/booklist.html The best book to get would be the Official CLEP study guide, 16th ed. This will have sample questions that closely resemble what will be on the test.
