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CLEP Principles of Macroeconomics FAQs
What is the CLEP Macroeconomics exam?
The Macroeconomics CLEP exam is one of nearly three dozen CLEP exams administered by The College Board. By achieving a high score on these exams, test takers can earn real college credit from thousands of colleges and universities across the United States. The Principles of Macroeconomics CLEP exam covers material taught in a one-semester undergraduate course in macroeconomics. The test emphasizes economic principles such as the determinants of aggregate demand and supply as well as monetary and fiscal tools used to achieve particular policy objectives.
What’s on the CLEP exam for Macroeconomics?
The breakdown of content assessed on the exam along with the content’s estimated representation on the test by percentage is listed below:
Basic Economic Concepts (8-12%)
Measurement of Economic Performance (12-16%)
National Income and Price Determination (15-20%)
Financial Sector (15-20%)
Inflation, Unemployment, and Stabilization Policies (20-25%)
Economic Growth and Productivity (5-10%)
Open Economy: International Trade and Finance (9-13%)
How is the Macroeconomics CLEP exam formatted?
This exam consists of roughly 80 multiple-choice questions.
How long is the CLEP test for Macroeconomics?
Test takers have 90 minutes to complete this exam.
How much credit can I earn for this CLEP exam?
The American Council on Education (ACE) recommends that colleges and universities grant three semester hours of credit for a score of 50 or higher on the exam.
How much does it cost to take this test?
Like all CLEP exams, a fee of $95 is required for registration.
How do I register?
You can register for this and other CLEP exams online at The College Board’s website.