This text investigates the core principles of economics through the practical application of simulated midterm and final examinations. Author Alan Axelrod utilizes a pedagogical framework designed to mirror the academic rigor of large university economics departments, specifically those within the Big 10 conference. The book provides students with a structured environment to test their comprehension of foundational economic theories and quantitative problem-solving skills.

Students frequently utilize this text as a supplementary tool for self-assessment and exam preparation. Educators note that the book serves as a focused resource for identifying knowledge gaps before high-stakes testing.