AP Courses

AP MacroEconomics

AP Macroeconomics introduces students to the principles and concepts of macroeconomics.

90%

of students score

4 and above

78%

students get a top score of

5 in

AP MacroEconomics

80%

students showed exceptional
performance in their first semester of

AP MacroEconomics

Course Concept

AP Macroeconomics is a high school course that introduces students to the principles and concepts of macroeconomics, focusing on the study of the economy as a whole. It examines the factors that influence the overall performance and behavior of national economies, including economic growth, inflation, unemployment, and international trade.

AP Macroeconomics emphasizes the application of economic principles to real-world scenarios. Students develop analytical and critical-thinking skills as they analyze macroeconomic data, interpret economic models, and evaluate the impacts of various policies on macroeconomic outcomes.

  • 1. Basic Economic Concepts: Students learn about fundamental macroeconomic concepts, such as gross domestic product (GDP), inflation, and unemployment. They study the circular flow of income and expenditure in an economy and understand how various economic indicators are measured and calculated.
  • 2. Aggregate Demand and Aggregate Supply: The course explores the relationship between aggregate demand and aggregate supply and how changes in these factors can impact macroeconomic outcomes. Students analyze the determinants of aggregate demand, such as consumption, investment, government spending, and net exports, and examine the factors that can shift aggregate supply.
  • 3. Fiscal Policy: Students learn about fiscal policy, which involves the use of government spending and taxation to influence aggregate demand and stabilize the economy. They study the impact of changes in government spending, taxation, and transfer payments on economic output and employment.
  • 4. Monetary Policy: The course delves into monetary policy, which involves the management of the money supply and interest rates by central banks to influence aggregate demand. Students explore the tools and objectives of monetary policy, including open market operations, reserve requirements, and discount rates.
  • 5. Economic Growth and Productivity: Students study the factors that contribute to long-term economic growth and productivity. They examine the role of investment, technological progress, human capital, and institutions in fostering economic growth.
  • 6. International Trade and Exchange Rates: The course covers international trade and exchange rates. Students learn about comparative advantage, trade barriers, and the impacts of international trade on domestic economies. They also study exchange rates, balance of payments, and the effects of exchange rate changes on trade and the economy.

AP MacroEconomics

Course Details:

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+ GST

/

$

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Syllabus

Best-in-class content by leading faculty and industry leaders in the form of videos, cases and projects, assignments and live sessions

COURSE SYLLABUS PDF
1. The National Economic Account
  • The Accounts
  • Gross Domestic Product
  • The Expenditure Approach
  • The Income Approach
  • The Value-Added Approach
  • Real GDP
  • The Underground Economy
  • Other Things Not Counted in GDP
  • Per Capita GDP
  • Limitations of GDP
  • Summary
  • Terms
  • Formulas
  • Multiple-Choice Review Questions
  • Free-Response Review Questions
2. Inflation and Unemployment
  • The Twin Evils
  • Inflation
  • Unemployment
  • Summary
  • Terms
  • Formulas
  • Multiple-Choice Review Questions
  • Free-Response Review Questions
3. Money and Banking
  • MI and M2
  • Fiat Money
  • The Functions of Money
  • The Federal Reserve System
  • The Money Expansion Process
  • Policy Tools of the Federal Reserve
  • Summary
  • Terms
  • Formulas
  • Multiple-Choice Review Questions
  • Free-Response Review Questions
4. Monetary Theory
  • The Equation of Exchange
  • The Loanable Funds Market
  • The Money Market
  • Summary
  • Terms
  • Formulas
  • Multiple-Choice Review Questions
  • Free-Response Review Questions
5. Aggregate Supply and Aggregate Demand
  • Business Cycles
  • Long-Run Aggregate Supply
  • Short-Run Aggregate Supply
  • Aggregate Demand
  • Using the Aggregate Supply/Aggregate Demand Model
  • Economic Growth
  • Summary
  • Terms
  • Multiple-Choice Review Questions
  • Free-Response Review Questions
6. Monetary Policy
  • Monetary Policy Defined
  • Monetary Policy in Theory
  • Monetary Policy in Practice
  • The Phillips Curve
  • Summary
  • Terms
  • Multiple-Choice Review Questions
  • Free-Response Review Questions
7. Fiscal Policy
  • Fiscal Policy Defined
  • Fiscal Policy in Theory
  • Fiscal Policy in Practice
  • Crowding Out
  • Government Spending and Tax Multipliers
  • Automatic Stabilizers
  • The National Debt and Deficits
  • Summary
  • Terms
  • Formulas
  • Multiple-Choice Review Questions
  • Free-Response Review Questions
8. International Trade and Finance
  • The Balance of Trade
  • Trade Restrictions
  • The Balance of Payments
  • Exchange Rates
  • Monetary and Fiscal Policy in an Open Economy
  • Summary
  • Terms
  • Formulas
  • Multiple-Choice Review Questions
  • Free-Response Review Questions
  • The Big 5 Graphs of Macroeconomics in Action

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