What is an AP Macroeconomics Course?

AP Macroeconomics is a college-level subject that teaches students about the concepts that govern an entire economic system. The study of national income and price level determination is emphasised heavily in this course. It also improves students’ understanding of economic performance indicators, the financial sector, policy stabilisation, economic growth, and international economics. Students learn to analyse, describe, and explain economic ideas using graphs, charts, and statistics.

Prerequisites

For AP Macroeconomics, there are no prerequisites. Students should be able to read a college textbook and do basic arithmetic and graphing calculations.

Course Content

Unit 1: Basic Economic Concepts

The course will begin with an overview of economic ideas, principles, and models, which will serve as a basis for further study of macroeconomics.

Unit 2: Economic Indicators and the Business Cycle

You’ll learn how to measure economic phenomena like unemployment and inflation.

Unit 3: National Income and Price Determination

You’ll look at how variations in aggregate spending and output, as well as economic fluctuations and policy decisions, impact national income, unemployment, and inflation.

Unit 4: Financial Sector

You’ll learn about the financial sector and how monetary policy is executed and communicated through the banking system.

Unit 5: Long-Run Consequences of Stabilization Policies

You’ll devote more time to studying the consequences of fiscal and monetary policy and the idea of economic growth.

Unit 6: Open Economy—International Trade and Finance

You’ll look at how a country interacts with the rest of the world through product and financial markets in an open economy.

Exam Pattern

Section I: Multiple Choice

This portion will consist of 60 questions and will last 1 hour 10 minutes, accounting for 60 percent of the overall score. 

Across a wide range of course subjects and abilities, questions involve the application of economics content knowledge and reasoning. You’ll be required to:

• Define the economic concepts and models that will be used.
• Explain the following economic results.
• Determine how specific economic conditions will turn out.

Section II: Free Response

This portion will consist of 3 questions and will last 1 hour, accounting for 33 percent of the overall score. 

This part has a 60-minute time restriction, which includes a 10-minute reading session.

1. lengthy free response question (50 percent of section score).
2. quick free response questions (each worth 25 percent of section score).

You’ll be required to:

• Make claims regarding economic ideas, principles, models, results, and/or consequences.
• Explain the concepts, principles, models, outcomes, and/or impacts of economics.
• Carry out numerical computations and analyses.
• Make graphs or visual representations of your data.

Our Offerings

• 40+ hours of Live Classes with experienced faculty
• 40+ hours of assignments
• Unit wise test to access the understanding
• 6+ Full length mock tests
• Doubt clarification sessions
• Online self paced course for additional practice

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