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AP Macroeconomics

AP Macroeconomics

Original price was: $99.00.Current price is: $49.00.

This AP Macroeconomics set mirrors the course arc: you’ll read the economy through key indicators, analyze shocks with AD–AS, trace how fiscal and monetary policy ripple through interest rates, output, and prices, and connect it all to banking, the financial system, and the global economy (FX, trade, and balance of payments). Graphs you’ll lean on: PPC, AD–AS, money market, loanable funds, Phillips curve, and multiplier mechanics.

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Units

By AP Macro Units

  • Unit 1 – Basic Economic Concepts: scarcity, opportunity cost, PPC, comparative vs. absolute advantage, specialization & trade, economic systems, public goods & externalities – 30 Qs.
  • Unit 2 – Economic Indicators & the Business Cycle: nominal/real GDP, unemployment types & natural rate, CPI & inflation/deflation, growth, business cycle phases, stagflation- 30 Qs.
  • Unit 3 – National Income & Price Determination: aggregate demand & supply (short vs. long run), demand-pull vs. cost-push inflation, multipliers (spending & tax), fiscal policy (discretionary vs. automatic stabilizers)- 30 Qs.
  • Unit 4 – Financial Sector: money (functions & measures), fractional-reserve banking, money multiplier, Federal Reserve tools (OMO, reserve requirement, discount rate, interest on reserves), interest rates, loanable funds, crowding out, real vs. nominal rates- 30 Qs.
  • Unit 5 – Long-Run Consequences & the Open Economy: Phillips curve (short vs. long run), supply-side growth & productivity, policy mix & lags, exchange rates, strong/weak dollar effects, net exports, balance of payments (current vs. financial account), tariffs & trade balances- 30 Qs.

Cross-cutting skills

  • Measurement & models: GDP/CPI math, index interpretation, real vs. nominal.
  • Comparative statics: shifting curves and explaining equilibrium changes.
  • Policy analysis: when to use fiscal vs. monetary tools; trade-offs and lags.
  • Graph literacy: labeling axes, showing shifts, and narrating chains of causation.

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