My 18 year old son passed this exam with a 60. His study resources were Basic Economics by Thomas Sowell and the Economics Cliff Notes.
Wow it looks like I forgot to post my feedback to this one. I scored a 72 on this exam Late July 2009. I studied with InstantCert (much of it months before, while studying for Macreconomics), Barron's, AmosWeb and the Peterson practice tests (58, 65, 68). I like: IC to notes > review notes with Barron's or AmosWeb & fill in details > take IC again > repeat. InstatCert by itself would not have been enough to get the score I wanted. It's also important to say that I lost a week of studying right before the exam due to having to cut the blackberries and other brush in my yard or have the City in my, uh, life. I worked in the yard most of every day (yes, I donated vacation time to this) in 90 degree heat and squeezed in a little studying in the evenings. Sunday I put in 10 hours in the yard, stopping at dusk. Then I took the CLEP the next morning at 11! What saved me was knowing the basics from overstudying for Macro, and going over the Peterson results repeatedly, looking up the concepts I was having trouble with on AmosWeb. Know the curves, MR=MC, and grasp the various market types and their characteristics (high-level, but know it). I don't think I had any game theory questions and maybe one on income distribution. I thought this exam was easier (less broad) than Macroeconomics, but had I not spent so long on Macro I might not feel that way. Phillip
David (my son) felt the same way - he thought the micro exam was easier than Macro. I do need to add that he took 1 practice test - the practice test in the Official College Guide Book.