AP Macroeconomics

Build a solid foundation in unit 1 of AP Macroeconomics. Our resources go over the important vocabulary, fundamental skills, and basic economic concepts you'll need to master for the exam, such as supply, demand, and market equilibrium. Review and practice with these helpful study guides, so you'll be prepared to conquer the test!

Unit 1 – Basic Economic Concepts

1.8 MC Answers and Review

1.4 Demand

1.1 Scarcity

1.3 Comparative Advantage and Trade

1.5 Supply

1.6 Market Equilibrium, Disequilibrium, and Changes in Equilibrium

1.2 Opportunity Cost and the Production Possibilities Curve (PPC)

1.7 Multiple Choice Questions

Unit 1 Overview: Basic Economic concepts 

Don't miss out on these useful resources for unit 2 of AP Macroeconomics: Economic Indicators and the Business Cycle! We go over the important vocabulary, skills, and concepts you need to know for the exam. Review and practice GDP, inflation, and unemployment!

Unit 2 – Economic Indicators & the Business Cycle

2.4 Price Indices and Inflation

2.9 MC Answers and Review

Unit 2 Overview: Economic Indicators and the Business Cycle

2.7 Business Cycles

2.6 Real vs Nominal GDP

2.5 Costs of Inflation

2.3 Unemployment

2.8 Multiple Choice Questions

2.2 Limitations of GDP

2.1 Circular Flow and GDP

Take advantage of our useful resources for National Income and Price Determination in AP Macroeconomics. Explore all the important vocabulary, skills, and concepts you need to master. Review aggregate supply and demand, multipliers, and equilibrium and master AP Macro unit 3!

Unit 3 – National Income & Price Determination

3.2 Spending and Tax Multipliers

3.5 Equilibrium in Aggregate Demand-Aggregate Supply (AD-AS) Model

3.9 Automatic Stabilizers

3.3 Short-Run Aggregate Supply (SRAS)

3.7 Long-Run Self-Adjustment

3.8 Fiscal Policy

3.10 Multiple Choice Questions

3.6 Changes in the AD-AS Model in the Short Run

Introduction to Unit 3

3.4 Long-Run Aggregate Supply (LRAS)

3.1 Aggregate Demand

3.11 MC Answers and Review

Get ready to conquer the financial sector in AP Macroeconomics. We cover the important vocabulary, skills, and concepts you need to master to do well on the exam. Learn all about interest rates, the money market, and monetary policy with our amazing Macro unit 4 guides.

Unit 4 – Financial Sector

4.2 Nominal vs. Real Interest Rates

Unit 4 Overview: Financial Sector

4.7 The Loanable Funds Market

4.1 Financial Assets 💰

4.4 Banking and the Expansion of the Money Supply

4.5 The Money Market

4.3 Definition, Measurement, and Functions of Money

4.6 Monetary Policy

4.9 MC Answers and Review

4.8 Multiple Choice Questions

Master the long-run effects of stabilization policies in our AP Macro unit 5 guides, and learn all about growth, debt, inflation, and the Philips curve. Review and practice with us, so you'll be prepared to rock the test!

Unit 5 – Long-Run Consequences of Stabilization Policies

5.6 Economic Growth

5.1 Fiscal and Monetary Policy Actions in the Short-Run

5.3 Money Growth and Inflation

5.7 Public Policy and Economic Growth

5.4 Deficits and the National Debt

5.5 Crowding Out

5.2 The Phillips Curve

Unit 5 Overview: Long-Run Consequences of Stabilization Policies

5.8 Multiple Choice Questions

5.9 MC Answers and Review

Finish out AP Macro: Open Economy—International Trade and Finance. We cover the vocabulary, skills, and concepts you need to master. Our helpful study guides and resources will go over all you need to know about foreign exchange market, rates, and policies to be ready for unit 6!

Unit 6 – Open Economy - International Trade & Finance

6.6 Real Interest Rates and International Capital Flows

6.2 Exchange Rates

6.5 Changes in the Foreign Exchange Market and Net Exports

6.1 Balance of Payments Accounts

6.3 Foreign Exchange Market

6.4 Effect of Changes in Policies & Economic Conditions on the Foreign Exchange Market

Unit 6 Overview: Open Economy-International Trade and Finance

6.7 MC Answers and Review

6.6 Multiple Choice Questions

Frequently Asked Questions

What Are the Best Quizlet Decks for AP Macroeconomics?

What are automatic stabilizers?

What is the AP Macro exam like?

AP Macroeconomics 2020 Formula Sheet

The Three Main Types of Unemployment

What is the Rule of 70?

Inflationary and Recessionary Gaps

What is a "T-Account"?

What is the difference between macroeconomics and microeconomics?

How Can I Be Prepared for the AP Macroeconomics FRQs?

AP Macro: How to Calculate GDP 

Is AP Macroeconomics Hard? Is AP Macroeconomics Worth Taking?

How Do I Self-Study AP Macroeconomics?

How Can I Get a 5 in AP Macroeconomics?

Learn all about the AP Macroeconomics exam! Learn how to manage the multiple choice questions (MCQs) and how to write great FRQs. Brush up on exam logistics, types of questions, how to draw graphs, helpful tips, sample questions, and practice prompts, With these useful strategies and practice, you'll be prepared to knock the exam out of the park!

Exam Skills: MCQ/FRQ

AP Macroeconomics Exam Guide

2022 AP Macroeconomics Exam Guide

AP Macroeconomics Multiple Choice Questions (MCQ)

Free Reviews

Want to know how, what, when, where, or why? Get your questions answered! In these comprehensive Question and Answer sessions, we'll be sure to clear up anything you're confused on or need help with. We'll cover the topics you need us to review so that you can feel confident and prepared to conquer the AP Macroeconomics exam! 

Q and A Sessions

AP Cram Sessions 2021

🌶️ AP Macro Cram Review: Unit 3: National Income and Price Determination

🌶️ AP Macro Cram Review TBD

AP Macroeconomics Cram 

🌶️ AP Macroeconomics Finale May 9, 2021

AP Macroeconomics Finale 

🌶️ AP Macroeconomics Finale Watch Party Admin 2 

🌶️ AP Macro Cram Review: Unit 1: Basic Economic Concepts

🌶️ AP Macro Cram Review: Unit 4: Financial Sector

AP Macroeconomics Cram Unit 4: Financial Sector

🌶️ AP Macro Cram Review Free Response Tips and Tricks

AP Macroeconomics Cram Unit 1: Basic Economic Concepts

AP Macroeconomics Cram Free Response Tips and Tricks

🌶️ AP Macro Cram Review: Unit 2: Economic Indicators and the Business Cycle

AP Macroeconomics Cram Unit 2: Economic Indicators and the Business Cycle

🌶️ AP Macro Cram Review: Unit 6: Open Economy—International Trade and Finance

🌶️ AP Macro Cram Review: Unit 5: Long-Run Consequences of Stabilization Policies

💶AP Macroeconomics - Unit 3 – National Income & Price Determination

Study Guides

Introduction to Unit 3

3.1 Aggregate Demand

3.1 Aggregate Demand

3.2 Spending and Tax Multipliers

3.2 Spending and Tax Multipliers

3.3 Short-Run Aggregate Supply (SRAS)

3.3 Short-Run Aggregate Supply (SRAS)

3.4 Long-Run Aggregate Supply (LRAS)

3.4 Long-Run Aggregate Supply (LRAS)

3.5 Equilibrium in Aggregate Demand-Aggregate Supply (AD-AS) Model

3.5 Equilibrium in Aggregate Demand-Aggregate Supply (AD-AS) Model

3.6 Changes in the AD-AS Model in the Short Run

3.6 Changes in the AD-AS Model in the Short Run

3.7 Long-Run Self-Adjustment

3.7 Long-Run Self-Adjustment

3.8 Fiscal Policy

3.9 Automatic Stabilizers

3.10 Multiple Choice Questions

3.10 Multiple Choice Questions

3.11 MC Answers and Review

Fiveable

About Us

Resources

Stay Connected

Fiveable

About Us

Resources