The exam is 2 hours and 10 minutes long and has two sections — multiple choice and free-response.

Section I: Multiple Choice | 60 Questions | 1 hour and 10 minutes | 66% of Exam Score

  • Questions require the use of economics content knowledge and reasoning across the range of course topics.
  • Some questions require analysis of different hypothetical situations.


Section II: Free-Response | 3 Questions | 1 hour (includes a 10-minute reading period) | 33% of Exam Score

  • 1 long free-response question (50% of section score)
  • 2 short free-response questions (each worth 25% of section score)
  • Questions ask you to analyze unique scenarios using different course concepts.
  • Some questions in the free-response section require graphical analysis

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