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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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

Months

108

Assignments

Live Sessions

1. The National Economic Account

Hours

Assignment

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

Hours

Assignment

The Twin Evils
Inflation
Unemployment
Summary
Terms
Formulas
Multiple-Choice Review Questions
Free-Response Review Questions

3. Money and Banking

Hours

Assignment

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

Hours

Assignment

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

Hours

Assignment

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

Hours

Assignment

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

Hours

Assignment

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

Hours

Assignment

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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