Problem
You have an economics test in two weeks. It will cover both micro and macroeconomics. Each part will be worth 50 points. You have a total of 100 hours that you can spend studying for this exam. For the first 25 hours you spend studying microeconomics, you will get 1 point more for each hour of studying. After that, you will get 1 point more for each 3 hours you spend studying, up to the maximum possible of 50 points. Macroeconomics is different. For your first 15 hours of studying you will get 1 point for each 45 minutes you spend studying. After that, you will get 1 point for each 1.5 hours you spend up to the maximum of 50 points. How should you allocate your studying time to get the best grade? Why?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.