Principles of Macroeconomics CLEP Test Description
The Principles of Macroeconomics CLEP test covers the information that is taught in one semester introductory course at the college level in macroeconomics. It covers all the different areas such as supply, demand, market interactions, inflation and policy objectives.
You will be tested on measurement concepts such as GDP (gross domestic product), investment, unemployment, scarcity, business cycle and growth. You will also need to know about the Federal Reserve Bank, how it operates and what it does to stimulate and regulate the economy.
It is important to understand that you do not have to answer each and every question correct to get a passing score. You need to get 50 of 100 correct (in most cases) to pass. The people the write the CLEP tests want you to know about half of the information to get a passing score.
CLEP Credits: 3
CLEP Difficulty: 3
Number of Questions on the CLEP Test: 80
ACE Recommended Passing Score: 50
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