AP Macroeconomics Wiki

Welcome to AP Macroeconomics
This website is designed to help you study and review for AP Macroeconomics. For this website and class, we will use the 5th edition of the Principles of Economics textbook by N. Gregory Mankiw. The textbook can be downloaded online here. For each chapter all the vocabulary terms are given, with their definitions and an explanation of what that definition means (coming soon). In addition, each chapter has an overview of the chapter's lesson (coming soon), and any other relevant information for that chapter. If necessary, an example or two may be used to help explain an idea. Please click on the blue link "Talk" at the top of this page if you wish to ask a question, make a comment, suggest an idea, etc. To return to the home page, simply click the large blue "AP Macroeconomics Wiki" at the top of every page.

Syllabus
For your convenience, the link below will give you the classroom syllabus for Advanced Placement Macroeconomics:

Syllabus

Homework
The link below will give you all the homework assignments and their due dates:

Homework

Unit Study Guides
The link below will give you the study guide for every unit:

Unit Study Guides

Equations
The link below will give you all the equations for Macroeconomics:

Equations

Part I: Introduction
Chapter 1 - Ten Principles of Economics


 * Chapter 1 Study Guide

Chapter 2 - Thinking Like An Economist
 * Chapter 1 PowerPoint


 * Chapter 2 Study Guide
 * Chapter 2 PowerPoint

Chapter 3 - Interdependence and the Gains From Trade


 * Chapter 3 Study Guide
 * Chapter 3 PowerPoint

Part II: How Markets Work
Chapter 4 - The Market Forces of Supply and Demand
 * Chapter 4 Study Guide
 * Chapter 4 PowerPoint

Chapter 5 - Elasticity and its Application

Chapter 6 - Supply, Demand, and Government Policies

Part III: Markets and Welfare
Chapter 7 - Consumers, Producers, and the Efficiency of Markets

Chapter 8 - Application: The Costs of Taxation

Chapter 9 - Application: International Trade

Part IV: The Economics of the Public Sector
Chapter 10 - Externalities

Chapter 11 - Public Goods and Common Resources

Chapter 12 - The Design of the Tax System

Part V: Firm Behavior and the Organization of Industry
Chapter 13 - The Costs of Production

Chapter 14 - Firms in Competitive Markets

Chapter 15 - Monopoly

Chapter 16 - Monopolistic Competition

Chapter 17 - Oligopoly

Part VI: The Economics of Labor Markets
Chapter 18 - The Markets for the Factors of Production

Chapter 19 - Earnings and Discrimination

Chapter 20 - Income Inequality and Poverty

Part VII: Topics for Further Study
Chapter 21 - The Theory of Consumer Choice

Chapter 22 - Frontiers of Microeconomics

Part VIII: The Data of Macroeconomics
Chapter 23 - Measuring A Nation's Income
 * Chapter 23 Study Guide
 * Chapter 23 PowerPoint

Chapter 24 - Measuring the Cost of Living


 * Chapter 24 Study Guide
 * Chapter 24 PowerPoint

Part IX: The Real Economy in the Long Run
Chapter 25 - Production and Growth
 * Chapter 25 Study Guide

Chapter 26 - Saving, Investment, and the Financial System


 * Chapter 26 Study Guide
 * Chapter 26 PowerPoint

Chapter 27 - The Basic Tools of Finance


 * Chapter 27 Study Guide
 * Chapter 27 PowerPoint

Chapter 28 - Unemployment


 * Chapter 28 Study Guide
 * Chapter 28 PowerPoint

Part X: Money and Prices in the Long Run
Chapter 29 - The Monetary System
 * Chapter 29 Study Guide
 * Chapter 29 PowerPoint

Chapter 30 - Money Growth and Inflation


 * Chapter 30 Study Guide
 * Chapter 30 PowerPoint

Part XI: The Macroeconomics of Open Economies
Chapter 31 - Open-Economy Macroeconomics: Basic Concepts

Chapter 32 - A Macroeconomic Theory of the Open Economy
 * Chapter 31 Study Guide
 * Chapter 31 PowerPoint


 * Chapter 32 Study Guide
 * Chapter 32 PowerPoint

Part XII: Short-Run Economic Fluctuations
Chapter 33 - Aggregate Demand and Aggregate Supply Chapter 34 - The Influence of Monetary and Fiscal Policy on Aggregate Demand
 * Chapter 33 Study Guide
 * Chapter 33 PowerPoint

Chapter 35 - The Short-Run Trade-Off Between Inflation and Unemployment
 * Chapter 34 Study Guide
 * Chapter 34 PowerPoint


 * Chapter 35 Study Guide
 * Chapter 35 PowerPoint

Part XIII: Final Thoughts
Chapter 36 - Five Debates Over Macroeconomic Policy

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