Introduction to Microeconomics

Catalog Number
Exam Type
Multiple Choice
Credit / Level
3.0 / Lower

The UExcel Introduction to Microeconomics examination is based on material typically taught in a one-semester, three-credit, lower-level introductory undergraduate course in microeconomics. The content of the examination corresponds with course offerings such as Principles of Microeconomics or Introduction to Microeconomics. The examination measures knowledge of facts and terminology, an understanding of forms, and for the ability to apply microeconomics concepts to market behavior, market structures, resource markets, and government issues and policies. No prior knowledge of economics is required for this examination. The exam requires a familiarity with concepts covered in high-school level algebra. (Multiple-choice examination)

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Using the practice questions: To help you study, a practice exam with two sets of questions is available for purchase with this exam. (See purchase details below.) Please know that there will be fewer questions on the practice exams, and that the practice questions generally will not be the same as the ones you will see when you take the actual exam for credit. They are intended to expose you to the types of questions you’ll encounter in the actual exam. Practice questions are a tool, and do not provide a full exam experience. For example, the practice question sets do not have time limitations. The content guide is the first place to start studying for the exam, especially the Content Outline. Memorizing the specific questions and answers on the practice sets are not as effective as using the questions to practice, along with the Content Outline, to see which concepts you may need to study further.

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