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CLEP Principles of Microeconomics

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DO YOU HAVE ANY QUESTIONS?

Top CLEP Principles of Microeconomics FAQs

  • The Microeconomics CLEP exam tests your knowledge of economic principles for individual consumers and businesses. The College Level Examination Program, or the CLEP, is a collection of standardized tests that measure your knowledge of certain subjects. Students can earn college credit at thousands of colleges and universities by scoring satisfactorily on a computer-based CLEP exam.
  • The Microeconomics CLEP exam contains approximately 80 questions covering the following topics:
    1. Basic economic concepts
    2. The nature and functions of product markets
    3. Theory of consumer choice
    4. Factor markets
    5. Market failure and the role of government
  • Students who want to gain college credit in microeconomics without taking a class can take the CLEP Microeconomics exam. Anyone seeking college course credit can take CLEP exams. Home-schoolers, military personnel, and adult learners are typical CLEP test-takers, but exams are also open to college and high school students.
  • The passing rate for the Microeconomics CLEP pass rate is 72 percent. The CLEP Microeconomics passing score to earn college credit is 50, according to the American Council on Education (ACE). This is a scaled score equivalent to earning a C in the relevant course.
  • Our Microeconomics CLEP Study Guide includes exam basics, an overview of topics included on the exam, how to register, and how to prepare for the exam.
  • Peterson’s offers three full-length Microeconomics CLEP practice tests with detailed answer explanations and flashcards for subscribers. You can also access our Microeconomics CLEP Study Guide which reviews concepts presented on the exam and tips for how to prepare for the exam.
  • The Microeconomics CLEP and all CLEP exams are administered online by the College Board. For step-by-step instructions on how to register for the Microeconomics CLEP exam online, visit the College Board website.