AP Advanced Placement Micro & Macroeconomics Exams ExamFOCUS Study Notes & Review Questions 2013

The Advanced Placement Program offers 34 courses and exams. Macroeconomics and Microeconomics are two separate exams but we believe that they share many common topics, that it makes better sense to combine the two into one for exam prep purpose. You should study both together before attempting to clear any one of them. This book does not serve as an Intro A-B-C guide to Economics. It is assumed that you know the basics already. The focus of this book is on those difficult topics that will likely give you a hard time during the exams. This book has a special drill section using the latest economic events to demonstrate some of the most important topics on modern macroeconomics. The eurozone debt crisis, the various QE attempts and the Operation Twist are explained and linked to the fundamental topics of monetary policy, open market operations, depression and deflation …etc. We give you knowledge information relevant to the exam specifications. To be able to succeed in the real exams, you’ll need to apply your earned knowledge to the question scenarios. Many of the exam questions are written to be less straight forward. They tend to be framed within the context of short scenarios.