Ebook Barron's AP Microeconomics/Macroeconomics, 5th Edition, by Frank Musgrave Ph.D., Elia Kacapyr Ph.D., James Redelsheimer M.A.
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Barron's AP Microeconomics/Macroeconomics, 5th Edition, by Frank Musgrave Ph.D., Elia Kacapyr Ph.D., James Redelsheimer M.A.
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This in-depth preparation for both AP economics exams provides a detailed review of the newly revised test topics, including: supply and demand, theory of consumer choice, market structures, labor resources, game theory, national income and gross domestic product, inflation and unemployment, monetary policy, economic growth, international trade and exchange, interest rate determination, and much more. The book includes two full-length practice tests―one in Microeconomics and one in Macroeconomics― with all test questions answered and explained.
- Sales Rank: #7473 in Books
- Published on: 2015-02-01
- Original language: English
- Number of items: 1
- Dimensions: 10.70" h x .60" w x 8.30" l, 1.25 pounds
- Binding: Paperback
- 352 pages
From the Inside Flap
Table of Contents:
INTRODUCTION
1 The AP Exams in Microeconomics and Macroeconomics
2 The Discipline of Economics
3 Economic Systems
4 Demand and Supply: The Basics
MICROECONOMICS
Barron’s Essential 5
5 Applications of Demand and Supply―Elasticity and Taxation
6 Theory of Consumer Choice or Behavior
7 Costs, Production, Supply
8 Product Markets: Types, Characteristics, Pricing Strategies
9 Perfect Competition
10 Monopoly
11 Imperfect Competition: Monopolistic ompetition, Oligopoly
12 Resource Markets with Applications to Labor
13 Government and Public Sector: Market Failure, Rents, Externalities, Public Goods, Efficiency
MODEL AP EXAM IN MICROECONOMICS
MACROECONOMICS
Barron’s Essential 5
14 The National Economic Accounts
15 Inflation and Unemployment
16 Aggregate Supply and Aggregate Demand
17 Fiscal Policy
18 Money and Banking
19 Monetary Policy
20 Economic Growth
21 International Trade and Exchange
MODEL AP EXAM IN MACROECONOMICS
Index
About the Author
Elia Kacapyr is a professor of economics at Ithaca College. He holds a B.A. in economics from the University of Maryland. His Ph.D. is from the Andrew Young School of Policy Studies at Georgia State University. Elia’s fields are macroeconomic theory and econometrics. He has published numerous scholarly articles and three books, including A Guide to Basic Econometric Techniques. Elia has served as a Reader for the AP Exam in Economics and consulted with the Educational Testing Service on the Economics Field Exam.
Since James Redelsheimer began teaching Advanced Placement Economics at Robbinsdale Armstrong High School in Plymouth, Minnesota in 2003, over 500 of his students have gone on to receive college credit on AP Economics exams. Redelsheimer received the 3M Economics Educator Excellence Award from the Minnesota Council on Economic Education, and was named Visa’s Practical Money Skills Innovative Educator of the Month. He has been a guest lecturer in the economics department at the Batumi State University in The Republic of Georgia, and has received travel grants and fellowships for study travel to learn about the economies of Japan, China, Turkey, Germany, Korea, among others, and studied economics of the environment in Costa Rica. In addition, Redelsheimer is a trainer of other teachers of Economics as a Master Teacher for the Minnesota Council on Economics Education. Redelsheimer is also a frequent presenter at local and national economics conferences, and currently serves as an AP Economics reader, grading AP Economics exams.
Most helpful customer reviews
8 of 11 people found the following review helpful.
Too many errors
By fedra witting
Good information, but hidden by so many typos that were often detrimental to the meaning, such as mislabeling a graph as elastic when it's inelastic or switching price floor and price ceilings. The mistakes are often easily identified because the rest of the paragraph will say the correct term, but it is EXTREMELY frustrating.
5 of 7 people found the following review helpful.
Best available AP Prep book
By Five fives
This book is simply the best because:
1. The explanations are good, concise and to the point.
2. The practice tests are harder than the real thing, so if you can get 80% correct on the practice test you'll easily get a 5 on the Real AP test.
Just FYI I have gotten fives on all five AP's I've taken and I've used Barrons to prepare for all of them.
I have look over some of my friends books that aren't made by barrons and they simply aren't as rigorous, if you want a 5 get a Barron's book, if you want a 3 princton review or 5 steps to a 5.
4 of 6 people found the following review helpful.
the book does not provide the best explanations. Many important terms are left out or ...
By Matthew Simpson
Studied for the AP Micro exam solely through this book, never haven taken the course. Only took me several days to get through the microeconomics section of the book. Aced the exam.
However, the book does not provide the best explanations. Many important terms are left out or not explained at all. Graphical analysis is also below par. If you have any basic calculus background (especially with partial derivatives), I would recommend referencing the Internet for detailed analysis of important graphs and derivations of several formulas so you don't have to remember them.
If you have taken a course in microeconomics, this book is the one for you (Princeton Review will also suffice, but this one has much more content). If you are looking to self-study, I recommend this one over Princeton Review as long as you are willing to use the Internet to dive further into important topics left out.
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