AP Macroeconomics - Syllabus - Unit 1 and Unit 2

Sep 20, 2026

Uploaded by Gloria

AP Macroeconomics explains how the global economy can shift from month to month and how students identify economic trends to build measures and predictors of growth or decline. The course examines how individuals, institutions, and influences shape outcomes through employment rates, government spending, inflation, taxes, and production. Structured as a one-semester, 100-level college-equivalent course, it prepares students for the AP exam and further study.

LanguageEnglish

CategoryExam

FormatPDF

Pages13

Reading Time33 min

AccessFree to download

Unit 1: What Is Economics?

Lesson 1: What Is Economics?

Lesson 2: Wrap-Up

Unit 2: Basic Economic Concepts

Lesson 1: Costs and Benefits

Lesson 2: Production and Trade

Lesson 3: Demand and Supply

Advanced Placement® AP® Macroeconomics* AP Macroeconomics students learn why and how the world economy can change from month to month, how to identify trends in our economy, and how to use those trends to develop performance measures and predictors of economic growth or decline. They ' ll also examine how individuals , institutions , and influences affect people , and how those factors can impact everyone 's life through employment rates , government spending, inflation, taxes , and production. The equivalent of a 100-level college-level class , this course prepares students for t he AP exam and for further study in business , political science and history. This course has been authorized by the College Board® to use t he AP designation. *Advanced Placement® and AP® are registered trademarks and/or owned by the College Board, which was not involved in the production of, and does not endorse this product. Length: One semester UNIT 1: WHAT IS ECONOMICS? LESSON 1: WHAT IS ECONOMICS? Practice: Introducing Macroeconomics Go over the format and goals of the course. See how to succeed in the course and what to expect on t he AP exam. Duratio n: 0 hrs 30 mins Discuss: Why Study Economics? Before exploring the details of macroeconomics , introduce yourself and discuss your definition of economics and reasons for studying it, with your classmates . Duratio n: 0 hrs 30 mins Sco ring: 10 points Study: Introduction to Economics Explore the basics of economics , including goods , services , markets , and a fundamental concept of economics: scarcity. Duratio n: 1 hr 30 mins Practice: Investigate Graphing Review the basics about tables , graphs , equations , slopes , and intercepts . Duratio n: 0 hrs 30 mins Sco ring: 20 points Practice: Investigate Economics as a Science Explore the scientific method and look at mistakes common to all scientists . Examine some special difficulties faced by economists using the scientific method. Duratio n: 0 hrs 30 mins Sco ring: 20 points Study: Economic Systems Examine the major questions each economic society faces and explore the different ways traditional, command, and mixed economies answer these questions . Duratio n: 1 hr 45 mins Discuss: The U.S. Economic System Discuss traditional and command market aspects of the U. S. economy. Duratio n: 0 hrs 30 mins Sco ring: 10 points Quiz: Wrap-Up Answer questions to assess your understanding of the content. Duratio n: 0 hrs 45 mins Sco ring: 20 points LESSON 2: WRAP-UP AP Macroeconomics * Copyright © 2019 Apex Learning Inc . Apex Learning® and the Apex Learning logo are registered trademarks of Apex Learning Inc . 1 of 13 Review: What Is Economics? Review your studies of economics and economic systems . Duratio n: 2 hrs Practice: What Is Economics? Using common economic terms , complete a crossword puzzle. Duratio n: 0 hrs 30 mins Discuss: Cram Session Discuss economic terms and other areas about which you are unclear. Duratio n: 0 hrs 30 mins Sco ring: 10 points T est (CS): What Is Economics? Take a computer-scored test to assess what you have learned in this unit. Duratio n: 0 hrs 40 mins Sco ring: 9 0 points T est (TS): What Is Economics? Take a teacher-scored test to assess what you have learned in this unit. Duratio n: 0 hrs 20 mins Sco ring: 45 points UNIT 2: BASIC ECONOMIC CONCEPTS LESSON 1: COSTS AND BENEFITS Study: Costs and Benefits Explore benefits and costs and see how people compare them to determine their highest net benefit. Also look at the related concepts of self-interest, opportunity cost, and sunk cost. Duratio n: 1 hr 30 mins Discuss: Weighing Costs and Benefits Discuss the costs and benefits of taking an AP class . Duratio n: 0 hrs 30 mins Sco ring: 10 points Study: Production Possibilities Frontier Examine the production possibilities frontier ( PP F) and how it 's created. Investigate the relationship of opportunity co

FAQs

What topics does AP Macroeconomics focus on?

It covers how the economy changes over time, how to identify trends, and how those trends relate to growth or decline. It also examines the roles of employment, government spending, inflation, taxes, and production.

What is included in Unit 1?

Unit 1 introduces economics and macroeconomic framing, including economics as a science and different economic systems. It also includes wrap-up reviews and assessments.

Which economic ideas are taught in Unit 2?

Unit 2 covers basic concepts such as costs and benefits, production possibilities frontier, and opportunity cost. It also includes production and trade topics like absolute and comparative advantage, plus demand and supply foundations.

Sep 20, 2026

Uploaded by Gloria