The first exam will cover chapters 1-3.  You should review your homework, class notes, and the textbook.  Below is a list of topics with related problems and a list of some word problems from the review sections.  Do as many of these as you need to understand these concepts.  The problems on the exam are likely to be more challenging than the quiz problems.

List of topics and some representative problems
Some additional word problems from the review sections.  All of the topics are not represented in these problems, but these are good examples of word problems that are appropriate for the exam.
Section 1.5 -- #6, 7, 8, 9, 11, 15
Section 2.5 -- #15
Section 3.8 -- #6, 11, 12(b,c)