Exam Description: The Subject Examination in Principles of Microeconomics covers material usually taught in a one-semester undergraduate course in the principles of microeconomics. This aspect of economics deals with the principles of economics that apply to the behavior of groups, organizations, and individuals within the larger economic system. Questions on the exam require candidates to apply analytic techniques to hypothetical situations and to analyze and evaluate government policies on the basis of simple theoretical models. The exam emphasizes analytical capabilities rather than a factual understanding of United States institutions and policies.
The exam consists of approximately 80 multiple-choice questions to be answered in two separately timed 45-minute sections.
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