Principles of Microeconomics CLEP exam guide

The Principles of Microeconomics exam is one of the 34 CLEP exams offered by the College Board. Economics of individual consumers and businesses.

What the exam covers

• Supply, demand, and market equilibrium
• Consumer choice and elasticity
• Costs, revenues, and market structures
• Factor markets and the role of government

Credit and score

Typically 3 semester hours. ACE recommended score: 50.

The exam fee is $97 plus the test center's own fee, or $30 for remote proctoring. Register through the College Board.

How to study

• Draw supply and demand graphs from memory and shift them for each change
• Practice elasticity and cost problems numerically, not just in words
• Start from the official College Board exam description and check off each topic above as you review it.

Florida note

Florida's public colleges and universities are required to award the minimum recommended CLEP credit, up to 45 total credit-by-exam credits, under Florida Statute 1007.27. Private and out-of-state schools set their own policy.

Credit depends on the college's own policy. Confirm with the college before counting on it.

College Board CLEP exam list · All 34 CLEP guides

Planning college applications too? The Florida College Application Planner is free to use, with no signup: explore 82 Florida colleges, keep your school list and deadline calendar, plan your testing, and read the free CLEP information tab.

This page is not affiliated with the College Board. CLEP exam policies, credit awards, and fees change, so confirm every detail on the College Board page and with your college before you register.