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AP Macroeconomics

6 units · 23 topics · 714 lessons · Exam: May

The economy as a whole: GDP, inflation, unemployment, fiscal and monetary policy, and international trade.

Start: Scarcity, Opportunity Cost, and the PPC Find a tutor Exam Sprint
  1. 1Basic Economic Concepts
  2. 2Economic Indicators and the Business Cycle
  3. 3National Income and Price Determination
  4. 4Financial Sector
  5. 5Long-Run Consequences of Stabilization Policies
  6. 6Open Economy: International Trade and Finance
Course pathAll videos
1

Basic Economic Concepts

Scarcity, trade-offs, trade, and supply and demand.

  1. 1Scarcity, Opportunity Cost, and the PPCUp next51 lessons
  2. 2Comparative Advantage and Trade34 lessons
  3. 3Supply, Demand, and Market Equilibrium82 lessons
2

Economic Indicators and the Business Cycle

GDP, unemployment, inflation, and the business cycle.

  1. 1GDP and How It's Measured28 lessons
  2. 2Unemployment37 lessons
  3. 3Inflation and the CPI33 lessons
  4. 4Real vs. Nominal GDP and the Business CycleCoverage growing
3

National Income and Price Determination

The AD–AS model and fiscal policy.

  1. 1Aggregate Demand and Aggregate Supply33 lessons
  2. 2The Multiplier20 lessons
  3. 3Long-Run Self-Adjustment38 lessons
  4. 4Fiscal Policy30 lessons
  5. 5Automatic Stabilizers29 lessons
4

Financial Sector

Money, banks, and monetary policy.

  1. 1Financial Assets and Interest RatesCoverage growing
  2. 2Money Creation and the Money Multiplier31 lessons
  3. 3The Money Market and Monetary Policy36 lessons
  4. 4The Loanable Funds Market40 lessons
5

Long-Run Consequences of Stabilization Policies

Policy trade-offs, deficits, and growth.

  1. 1Fiscal and Monetary Policy in the Short Run15 lessons
  2. 2The Phillips Curve37 lessons
  3. 3Money Growth, Deficits, and Crowding OutCoverage growing
  4. 4Economic Growth21 lessons
6

Open Economy: International Trade and Finance

Trade balances, exchange rates, and capital flows.

  1. 1Balance of Payments30 lessons
  2. 2Exchange Rates and the Foreign Exchange Market31 lessons
  3. 3Real Interest Rates and Capital FlowsCoverage growing