The course
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Start here
Section I: 60 multiple-choice questions in 70 minutes, two thirds of the score. Section II: 3 free-response questions in 60 minutes, a third of the score.
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Unit 1: Basic Economic Concepts
5–10% of Section I, about 5 of the 60 questions
- 3
Unit 2: Economic Indicators and the Business Cycle
12–17% of Section I, about 9 of the 60 questions
- 4
Unit 3: National Income and Price Determination
17–27% of Section I, about 13 of the 60 questions
- 5
Unit 4: Financial Sector
18–23% of Section I, about 12 of the 60 questions
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Unit 5: Long-Run Consequences of Stabilization Policies
20–30% of Section I, about 14 of the 60 questions
- 7
Unit 6: Open Economy: International Trade and Finance
10–13% of Section I, about 7 of the 60 questions
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Exam skills
Section II: one long question of 10 points and two short questions of 5 points, with a 10-minute reading period