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AP Macroeconomics

AP Macroeconomics

Recommended Grade Level: 9 - 12

Course Price: $300.00


Course Details:

You have been called upon to assist the leader of the Macro Islands who is running for reelection next year. The economy is in shambles, and you need to come up with some feasible solutions. This will not only help the people of the Macro Islands but will also ensure a victory for your employer. You were hired over the Internet and received a first class ticket to the Macro Islands where you can learn first-hand about the situation. You arrive at Pineapple Airport in the middle of the day and are met by a man with a briefcase who is holding a sign with your name on it. You approach the man and introduce yourself. "I'm Mr. Scarcity," he says. "I'll be your guide as you learn about the economic situation of the islands. You need to learn everything you can about macroeconomics.

Prerequisites:

Required Materials:

Often students and parents ask for extra practice or examples to supplement the AP Macroeconomics on-line material. This course covers, at an intense level, all of the concepts tested on the College Board AP Macroeconomics Exam and provides all the lessons that you will need to gain a comprehensive understanding of Macroeconomics. However, there are times when extra practice can be both necessary and beneficial. We recommend that you purchase one of the following review books. You can purchase these books on-line at www.amazon.com and most book stores. These texts can also be found at your local library.

  • Steps to a 5: AP Microeconomics/Macroeconomics
  • The Princeton Review for AP Economics
  • Barron's AP Micro/Macro Economics

These books are not a requirement of the course. Your instructor will not collect or grade any of the work that you choose to do in the books. The books will act as an extra resource. By purchasing and using the books, you will gain a more solid foundation in Macroeconomics.

Syllabus:

Segment 1:

  • Overview of Advanced Placement
  • Economic Basics
  • Scarcity and Opportunity Costs
  • Production Possibilities Curves
  • Absolute and Comparative Advantage
  • Demand
  • Supply
  • Equilibrium
  • Government Impact
  • Circular Flow
  • GDP
  • Other Measures of National Income
  • Inflation and Price Indices
  • Business Cycle
  • Unemployment
  • Classical Economics
  • Aggregate Supply
  • Aggregate Demand
  • Propensities and Multipliers
  • Equilibrium
  • Economic Growth
  • The AE Model
  • Understanding the AD/AS Model
  • Comparative Advantage and International Trade
  • Balance of Payments
  • Exchange Rates
  • Graphing Foreign

Required Materials:

Often students and parents ask for extra practice or examples to supplement the AP Macroeconomics on-line material. This course covers, at an intense level, all of the concepts tested on the College Board AP Macroeconomics Exam and provides all the lessons that you will need to gain a comprehensive understanding of Macroeconomics. However, there are times when extra practice can be both necessary and beneficial. We recommend that you purchase one of the following review books. You can purchase these books on-line at www.amazon.com and most book stores. These texts can also be found at your local library.

  • Steps to a 5: AP Microeconomics/Macroeconomics
  • The Princeton Review for AP Economics
  • Barron's AP Micro/Macro Economics

These books are not a requirement of the course. Your instructor will not collect or grade any of the work that you choose to do in the books. The books will act as an extra resource. By purchasing and using the books, you will gain a more solid foundation in Macroeconomics.

Syllabus:

Segment 1:

  • Overview of Advanced Placement
  • Economic Basics
  • Scarcity and Opportunity Costs
  • Production Possibilities Curves
  • Absolute and Comparative Advantage
  • Demand
  • Supply
  • Equilibrium
  • Government Impact
  • Circular Flow
  • GDP
  • Other Measures of National Income
  • Inflation and Price Indices
  • Business Cycle
  • Unemployment
  • Classical Economics
  • Aggregate Supply
  • Aggregate Demand
  • Propensities and Multipliers
  • Equilibrium
  • Economic Growth
  • The AE Model
  • Understanding the AD/AS Model
  • Comparative Advantage and International Trade
  • Balance of Payments
  • Exchange Rates
  • Graphing Foreign Exchange
  • International Value of Currency
  • Trade Barriers
  • Understanding International Trade and Finance
  • The Money Supply
  • Loanable Funds Market
  • Equation of Exchange
  • Money Creation
  • Fiscal Policy
  • Automatic Stabilizers
  • Debt vs. Deficit Interview
  • Fiscal Policy and Interest Rates
  • The Federal Reserve System
  • Monetary Policy
  • Interest Rates and the Impact on Financial Capital
  • Phillips Curve
  • Modern Theories
  • Understanding Policies
  • Guided Review

Accreditation & Approvals

Cognia Advanced
International Association for K-12 Online Learning
National Collegiate Athletic Association
Northwest Accreditation Commission Board
Washington OSPI
University of California
Department of Education - Idaho
Arkansas Department of Education
 
NMSDC
MWBE