Advanced Placement®

AP Macroeconomics

AP Macroeconomics

In this course, students establish the fundamentals of economics with a survey of scarcity, opportunity cost, supply, demand, and market equilibrium. They then zoom out to the largest scale of economic analysis, learning the indicators of whole countries’ economic health, specifically gross domestic product, unemployment, and price level. With that foundation, the rest of the course looks at fiscal and monetary policies, their consequences, and the basics of international trade and the foreign exchange market. Throughout the entirety of the course, students are introduced to biblical principles that relate to the economic concepts they are learning. How the Bible approaches topics such as scarcity, resource management, and money is brought to bear on the assumptions which undergird the study of economics. Besides being intentionally prepared for the AP Exam, students gain a much deeper understanding of the world around them, the roles that government and banks play in an economy, and the economic outcomes generated by their policy decisions.

This course is designed to provide a college-level experience and prepare students for the AP® exam. Students must take the AP® exam in order to receive AP® credit.

This course is approved by the NCAA® and the University of California.

Credit

0.5 (One semester)

Course Versions

Only available as an AP course

Prerequisites

None

Recommended Grade Levels

11th–12th

Required Materials

School supplies: Notebook or graph paper; writing utensils

In addition to a computer with an Internet connection, most courses require speakers (or headphones); a digital camera or scanner to take photos of completed work; a printer; common household items; access to research materials; and productivity software for word processing, presentations, etc.

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