United States · Exam

CLEP macroeconomics and microeconomics

They’re two separate exams, Principles of Macroeconomics and Principles of Microeconomics. Each has about 80 questions in 90 minutes, and ACE recommends 3 semester hours for a score of 50 on each. CLEP macroeconomics is about the economy as a whole; microeconomics is about individual consumers and businesses.

What’s on the CLEP macroeconomics exam?

AreaShare
Inflation, unemployment and stabilization policies20-25%
National income and price determination15-20%
Financial sector15-20%
Basic economic concepts12-15%
Measurement of economic performance12-16%
Economic growth and productivity5-10%
Open economy: international finance5-10%

What’s on the microeconomics CLEP exam?

AreaShare
Product markets55-70%
Firm behavior and market structure23-33%
Supply and demand15-20%
Production and costs10-15%
Theory of consumer choice5-10%
Basic economic concepts10-16%
Market failure and the role of government8-14%
Factor markets6-12%

The indented rows are part of product markets.

Graphs on both exams

Both test the same four skills: economic terms and concepts, reading and working with graphs, interpreting data, and using simple models. Practice drawing supply and demand and aggregate demand and supply until you can shift a curve without thinking.

If you buy the official Microeconomics Examination Guide, note College Board’s correction: the answer to question 47 is A.

Sources: College Board and 1 more. Checked October 2026.

Rules and fees can change, so check the official site before your test.