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Cracking the AP Economics (Micro & Macro), 2002-2003 Edition

Cracking the AP Economics (Micro & Macro), 2002-2003 Edition

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Product Info Reviews

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Rating: 4 stars
Summary: i found it useful- i took macro economics
Review: this book was great and summarized concepts well- which you expect from any review book. clearly my teacher recommended princeton review. The only thing i dont like is how theres macro and micro mixed together and i wish there was just a separate book. But take your time with this book- dont use it the night before because you'll be really tired- especially if you're taking other APs.

Rating: 4 stars
Summary: i found it useful- i took macro economics
Review: this book was great and summarized concepts well- which you expect from any review book. clearly my teacher recommended princeton review. The only thing i dont like is how theres macro and micro mixed together and i wish there was just a separate book. But take your time with this book- dont use it the night before because you'll be really tired- especially if you're taking other APs.

Rating: 5 stars
Summary: an excellent review for economics
Review: This books sums it all up with graphs, explanations, details, and charts. If you are thinking about taking CLEP or examination credit for an economics course you need this book. In fact, it worked for me.

Rating: 5 stars
Summary: Good enough prep book
Review: While the Princeton Review books are usually not that great and oversimplified (except for the SAT I book), the AP Econ book is a really good one, perhaps because the exam itself is one of the easiest AP exams. I am home schooled and self-studied AP Econ with my brother's old HS textbook and this and got a 5 on both parts in May 2001.

The book is an easy read: big words, few pages. Yet if you understand every page of the book, you'll do fine on the exam.

But as with all AP exams, I *highly recommend* that you get a hold of the past exams and do them. They truly help. After doing the old tests, I learned that there are a few things that this book failed to cover enough of:

--allocative efficiency --externalities and social benefit, etc. --the GDP cycle diagram thing. The book tells you to memorize it, but the figure they show you is oversimplified.

Also, as mentioned in another review, they've made serious errors in the Keynesian vs. Monetary policy part. Precisely, it's the part where they give the arrows (e.g. when r goes down, i goes up, y goes up, etc. etc.). Some of the arrows are reversed. So be wary of that. There are also a few minor mistakes in the book that are pretty easy to catch but won't harm you.


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