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AP MICROECONOMICS EXAM
1. There are sixty multiple-choice questions which are
to be answered in seventy minutes.
2. Each question has five potential answers.
3. You are not penalized for any wrong answers so you
    should make an educated guess at the correct
    answer when you are not sure.
4. It is important to watch your pace, as you have just
    over one minute to answer each question.
5. Be careful to not overanalyze questions. Many
    times on multiple-choice exams, students initially
    choose the correct answer only to return to the
    question and change the answer. Unless you have
    misread the question or have missed a better
    answer among the choices, trust your first decision.
1. Calculators are not allowed in the AP economics
   exam. While you will be asked to perform
   calculations for some questions, the math is
   relatively simple if you understand the
   principles involved and remember how to set up
   the equations.
2. Colored pencils and markers are not allowed for
   drawing graphs: all free response writing must
   be in blue or black pen.
1. The second portion of the exam consists of 3 free-
   response questions, with half the score given for
   the first question and the other half divided
   between the other two questions.
2. You will have sixty minutes on this section: a
   mandatory ten-minute reading period, during which
   you may begin outlining your answers and sketching
   graphs. You will then have the remaining fifty
   minutes to write your answers. It is suggested to
   spend 25 minutes on the first question and about
   12 ½ minutes on each of the other two responses.
3. The long free-response question generally involves
   interconnections among several different concepts
   central to the course, which the shorter responses
   generally focus on one specific concept or a pair of
   related concepts.
1. Free response questions generally consist of a
   series of questions and sub-questions that can
   be answered in several sentences. Responses
   should directly answer the questions asked.
2. Keep in mind the economic concept of
   efficiency and apply that to your free-response
   writing. Be complete but be efficient about it.
   Directly answer the questions asked, and
   explain why that answer is correct. Some of the
   best answers use the appropriate terms and the
   clearest     language     to     explain    the
   situation, causes and effects, and reasoning.
   The readers want to see a clear analysis and
   your reasoning.
3. It is very important to understand what the
   question is asking you to do. One big clue is to
   look            for           the            verbs:
   “define”, “identify”, “explain”, “label”, or “using
   a graph, show”. Try to visualize what the rubric
   looks like, what are the readers looking for from
   each part of the question?
4. Answer each part of the question in the order it
   was asked, clearly labeled as instructed. If you
   refer to a graph in your writing as “as you can
   see in Graph A”, then make sure the graph is
   clearly labeled Graph A.
5. It is very important that you correctly label your
   graphs. Write an appropriate title, and your axis
   labels should be clear: Price and Quantity, not P
   and Q.
6. If you want to indicate a shift in a curve, be sure to
   draw arrows between the curves to show the
   direction of movement, and label the second curve
   differently (for example, D1 and D2).
7. Draw equilibrium points where appropriate and
   indicate those equilibrium prices or quantities on
   the axes of your graph.
8. Remember that the readers want to award you
   points for every correct portion of your response, so
   make their job as easy as possible.
1. Once you finish your free-response questions, it
   is essential that you carefully read your answers
   again.
  a.   Have you specifically answered each part of each question?
  b.   Have you made links to explain why your answer is correct?
  c.   Have you labeled all axes and curves on each graph, illustrating
       equilibrium points and showing the direction of shifts in
       curves?
2. Very often, easy points are lost because of a
   moment of carelessness in missing a sub-
   question or drawing an arrow facing the wrong
   direction. Give yourself credit for your hard
   work!
1. Take a moment to consider that your reader will be
   taking a week of their summer time to read
   thousands of free-response answers to the same
   question, over and over, for eight hours a day.
2. Do you really want to challenge that reader with
   handwriting that is difficult to read or understand?
3. It is in your best interest for the reader to
   understand what you have to say.
4. Try printing, or cursive, or block letters, or capital
   letters, anything that will ensure that you have the
   best possible chance that your reader will be able to
   accurately find your correct answers to grant you
   the score that your deserve!
1. Because rubrics are so precise, multiple points
   can be awarded through each free response.
2. For example, if in a problem about a hurricane
   wiping out an orange crop, you respond that the
   apple juice prices would increase (correct) but
   give the reason that the hurricane also
   destroyed the apple trees, you might receive
   one point for identifying that the apple juice
   price will increase, but not receive the second
   point for correct reasoning.
1. When a response involves a chain of events, an
   error at the beginning of one chain might cause
   all the following answers to be wrong, even
   though your logic is correct.
2. Sometimes rubrics may be set in a way that if
   the initial response is wrong, but the rest of the
   answers flow correctly based on that initial
   answer, you will lose the point for the initial
   answer, but may still receive partial credit for
   the rest of your answers, but don’t depend on
   this happening.
1. While it is important to explain any answer you
   give, avoid rambling!
2. Don’t write as though you’ve swallowed a
   dictionary, reaching for complex language and
   unnecessary difficulty.
3. Don’t carry a question on if it is not required.
   Remember, you have limited time and must be
   efficient. For example, if a question is asking about
   a short-run situation, don’t take it to the long-
   run, unless required to do so in another question.
4. You might make a mistake while rambling, which
   would deduct points from your score instead of
   adding to it.
5. Remember: Readers will be impressed with clear
   analysis and reasoning.
The multiple-choice section will be scored
electronically, while readers score the free-response
sections. After applying a weighing formula and
combining the raw multiple-choice and free-
response scores to create a composite score, you
will be awarded one of the five final scores:
» 5 – Extremely well qualified
» 4 – Well qualified
» 3 – Qualified
» 2 – Possibly qualified
» 1 – No recommendation

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DevoxxFR 2024 Reproducible Builds with Apache MavenDevoxxFR 2024 Reproducible Builds with Apache Maven
DevoxxFR 2024 Reproducible Builds with Apache Maven
 

Overview of the ap 1

  • 2. 1. There are sixty multiple-choice questions which are to be answered in seventy minutes. 2. Each question has five potential answers. 3. You are not penalized for any wrong answers so you should make an educated guess at the correct answer when you are not sure. 4. It is important to watch your pace, as you have just over one minute to answer each question. 5. Be careful to not overanalyze questions. Many times on multiple-choice exams, students initially choose the correct answer only to return to the question and change the answer. Unless you have misread the question or have missed a better answer among the choices, trust your first decision.
  • 3. 1. Calculators are not allowed in the AP economics exam. While you will be asked to perform calculations for some questions, the math is relatively simple if you understand the principles involved and remember how to set up the equations. 2. Colored pencils and markers are not allowed for drawing graphs: all free response writing must be in blue or black pen.
  • 4. 1. The second portion of the exam consists of 3 free- response questions, with half the score given for the first question and the other half divided between the other two questions. 2. You will have sixty minutes on this section: a mandatory ten-minute reading period, during which you may begin outlining your answers and sketching graphs. You will then have the remaining fifty minutes to write your answers. It is suggested to spend 25 minutes on the first question and about 12 ½ minutes on each of the other two responses. 3. The long free-response question generally involves interconnections among several different concepts central to the course, which the shorter responses generally focus on one specific concept or a pair of related concepts.
  • 5. 1. Free response questions generally consist of a series of questions and sub-questions that can be answered in several sentences. Responses should directly answer the questions asked. 2. Keep in mind the economic concept of efficiency and apply that to your free-response writing. Be complete but be efficient about it. Directly answer the questions asked, and explain why that answer is correct. Some of the best answers use the appropriate terms and the clearest language to explain the situation, causes and effects, and reasoning. The readers want to see a clear analysis and your reasoning.
  • 6. 3. It is very important to understand what the question is asking you to do. One big clue is to look for the verbs: “define”, “identify”, “explain”, “label”, or “using a graph, show”. Try to visualize what the rubric looks like, what are the readers looking for from each part of the question? 4. Answer each part of the question in the order it was asked, clearly labeled as instructed. If you refer to a graph in your writing as “as you can see in Graph A”, then make sure the graph is clearly labeled Graph A.
  • 7. 5. It is very important that you correctly label your graphs. Write an appropriate title, and your axis labels should be clear: Price and Quantity, not P and Q. 6. If you want to indicate a shift in a curve, be sure to draw arrows between the curves to show the direction of movement, and label the second curve differently (for example, D1 and D2). 7. Draw equilibrium points where appropriate and indicate those equilibrium prices or quantities on the axes of your graph. 8. Remember that the readers want to award you points for every correct portion of your response, so make their job as easy as possible.
  • 8. 1. Once you finish your free-response questions, it is essential that you carefully read your answers again. a. Have you specifically answered each part of each question? b. Have you made links to explain why your answer is correct? c. Have you labeled all axes and curves on each graph, illustrating equilibrium points and showing the direction of shifts in curves? 2. Very often, easy points are lost because of a moment of carelessness in missing a sub- question or drawing an arrow facing the wrong direction. Give yourself credit for your hard work!
  • 9. 1. Take a moment to consider that your reader will be taking a week of their summer time to read thousands of free-response answers to the same question, over and over, for eight hours a day. 2. Do you really want to challenge that reader with handwriting that is difficult to read or understand? 3. It is in your best interest for the reader to understand what you have to say. 4. Try printing, or cursive, or block letters, or capital letters, anything that will ensure that you have the best possible chance that your reader will be able to accurately find your correct answers to grant you the score that your deserve!
  • 10. 1. Because rubrics are so precise, multiple points can be awarded through each free response. 2. For example, if in a problem about a hurricane wiping out an orange crop, you respond that the apple juice prices would increase (correct) but give the reason that the hurricane also destroyed the apple trees, you might receive one point for identifying that the apple juice price will increase, but not receive the second point for correct reasoning.
  • 11. 1. When a response involves a chain of events, an error at the beginning of one chain might cause all the following answers to be wrong, even though your logic is correct. 2. Sometimes rubrics may be set in a way that if the initial response is wrong, but the rest of the answers flow correctly based on that initial answer, you will lose the point for the initial answer, but may still receive partial credit for the rest of your answers, but don’t depend on this happening.
  • 12. 1. While it is important to explain any answer you give, avoid rambling! 2. Don’t write as though you’ve swallowed a dictionary, reaching for complex language and unnecessary difficulty. 3. Don’t carry a question on if it is not required. Remember, you have limited time and must be efficient. For example, if a question is asking about a short-run situation, don’t take it to the long- run, unless required to do so in another question. 4. You might make a mistake while rambling, which would deduct points from your score instead of adding to it. 5. Remember: Readers will be impressed with clear analysis and reasoning.
  • 13. The multiple-choice section will be scored electronically, while readers score the free-response sections. After applying a weighing formula and combining the raw multiple-choice and free- response scores to create a composite score, you will be awarded one of the five final scores: » 5 – Extremely well qualified » 4 – Well qualified » 3 – Qualified » 2 – Possibly qualified » 1 – No recommendation