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AP Exams are given each year in May. Students who earn a qualifying score on an AP Exam are typically eligible, in college, to receive credit, placement into advanced courses, or both. Every aspect of  \nAP course and exam development is the result of collaboration between AP teachers and college faculty. They work together to develop AP courses and exams, set scoring standards, and score the exams. College faculty review every AP teacher’s course syllabus.  \nAP Economics Program  \nThe AP Program offers two courses in economics:  \nAP Macroeconomics and AP Microeconomics. Each course corresponds to one semester of a typical introductory college course in economics. AP Macroeconomics focuses on the principles that apply to an economic system as a whole. AP Microeconomics focuses on the principles of economics that apply to the functions of individual decision-makers, both consumers and producers, within the economic system.  \nAP Macroeconomics Course Overview  \nAP Macroeconomics is a college-level course that introduces students to the principles that apply to an economic system asa whole. The course places particular emphasis on the study of national income and price-level determination. It also develops students’ familiarity with economic performance measures, the financial sector, stabilization policies, economic growth, and international economics. Students learn to use graphs, charts, and data to analyze, describe, and explain economic concepts.  \nAP Macroeconomics is equivalent to a one-semester introductory college course in economics.  \nRECOMMENDED PREREQUISITES  \nThere are no prerequisites for AP Macroeconomics. Students should be able to read a college-level textbook and possess basic mathematics and graphing skills.  \nAP Macroeconomics Course Content  \nThe course content is organized into six commonly taught units, which have been arranged in the following suggested, logical sequence:  \ny Unit 1: Basic Economic Concepts  \ny Unit 2: Economic Indicators and the Business Cycle  \ny Unit 3: National Income and Price Determination  \ny Unit 4: Financial Sector  \ny Unit 5: Long-Run Consequences of Stabilization Policies y Unit 6: Open Economy—International Trade and Finance Each unit is broken down into teachable segments called topics.  \nIn addition, the following big ideas serve as the foundation of the course, enabling students to create meaningful connections among concepts and develop deeper conceptual understanding:  \ny Big Idea 1: Economic Measurements  \ny Big Idea 2: Markets  \ny Big Idea 3: Macroeconomic Models  \ny Big Idea 4: Macroeconomic Policies  \nCourse Skills  \nThe following skill categories describe what skills students should develop during the course:  \ny Principles and Models  \n􀂊 Define economic principles and models.  \ny Interpretation  \n􀂊 Explain given economic outcomes.  \ny Manipulation  \n􀂊 Determine outcomes of specific economic situations. y Graphing and Visuals  \n􀂊 Model economic situations using graphs or visual representations.  \nAP Macroeconomics Exam Structure  \nAP MACROECONOMICS EXAM: 2 HOURS, 10 MINUTES  \nAssessment Overview  \nThe AP Macroeconomics Exam assesses student understanding of the skills and learning objectives outlined in the course framework. The exam is 2 hours and 10 minutes long and includes 60 multiple-choice questions and 3 free-response questions. Starting with the 2022-23 school year (spring 2023 exam), a four-function calculator is allowed on both sections of the exam.  \nFormat of Assessment  \n\n| Section I: | Multiple-choice | 60 Questions | 70 Minutes | 66. 65% of Exam Score |\n| --- | --- |\n\n\n| y The multiple-choice questions will assess students’ability to define economic principles and models, explain given economic outcomes, and dete","cbCaiq4qbs3KQwwO","https://ap.wps.com/l/cbCaiq4qbs3KQwwO","pdf",214225,"English","# AP Program Overview\n## AP Economics Program\n# AP Macroeconomics Course Overview\n## Recommended Prerequisites\n## Course Content and Big Ideas\n## Course Skills\n# AP Macroeconomics Exam Structure\n## Assessment Overview\n## Format of Assessment\n## Sample Questions","[{\"question\":\"What does AP Macroeconomics focus on in studying the economy as a whole?\",\"answer\":\"It emphasizes national income and price-level determination and extends to economic performance measures, the financial sector, stabilization policies, economic growth, and international economics.\"},{\"question\":\"Are there recommended prerequisites for AP Macroeconomics?\",\"answer\":\"There are no prerequisites. Students should be able to read a college-level textbook and have basic mathematics and graphing skills.\"},{\"question\":\"How is the AP Macroeconomics exam structured?\",\"answer\":\"The exam is 2 hours 10 minutes and includes 60 multiple-choice questions and 3 free-response questions. Starting with the 2022–23 school year, a four-function calculator is allowed on both sections.\"}]","AP Macroeconomics Course Overview - Course Content, Skills, and Exam Structure | PDF",1789894535]