AP Macroeconomics
Have you ever wondered why the national debt is so large or why interest rates are considered to be so important? You’ll explore the answers to these questions as you learn how the economy works as a whole in AP Macroeconomics. As part of your studies, you’ll use graphs, charts, and data to analyze, describe, and explain economic concepts.
Unit 1 Basic Economic Concepts
You’ll start the course with an introduction to economic concepts, principles, and models that will serve as a foundation for studying macroeconomics.
Unit 2 Economic Indicators and the Business Cycle
You’ll look at how economic phenomena such as employment and inflation are measured.
Unit 3 National Income and Price Determination
You’ll explore how changes in aggregate spending and production, economic fluctuations, and policy actions affect national income, unemployment, and inflation.
Unit 4 Financial Sector
You’ll examine the financial sector and explain how monetary policy is implemented and transmitted through the banking system.
Unit 5 Long-Run Consequences of Stabilization Policies
You’ll spend more time exploring the effects of fiscal and monetary policy actions and examine the concept of economic growth.
Unit 6 Open Economy—International Trade and Finance
You’ll examine the concept of an open economy in which a country interacts with the rest of the world through product and financial markets.