AP Macroeconomics
Output, inflation, and the forces that move an economy. Choose a topic to get started.
42 topics · 4,200 questions · Organized by unit
01 Basic economic concepts
6 topicsScarcity
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Opportunity Cost & the Production Possibilities Curve
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Comparative Advantage & Gains from Trade
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Demand
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Supply
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Market Equilibrium, Disequilibrium, and Changes in Equilibrium
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02 Economic indicators and the business cycle
7 topicsThe Circular Flow and GDP
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Limitations of GDP
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Unemployment
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Price Indices and Inflation
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Costs of Inflation
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Real v. Nominal GDP
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Business Cycles
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03 National income and price determination
9 topicsAggregate Demand (AD)
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Multipliers
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Short-Run Aggregate Supply (SRAS)
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Long-Run Aggregate Supply (LRAS)
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Equilibrium in the AD–AS Model
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Changes in the AD–AS Model in the Short Run
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Long-Run Self-Adjustment
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Fiscal Policy
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Automatic Stabilizers
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04 Financial sector
7 topicsFinancial Assets
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Nominal v. Real Interest Rates
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Definition, Measurement, and Functions of Money
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Banking and the Expansion of the Money Supply
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The Money Market
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Monetary Policy
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The Loanable Funds Market
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05 Long-run consequences of stabilization policies
7 topicsFiscal and Monetary Policy Actions in the Short Run
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The Phillips Curve
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Money Growth and Inflation
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Government Deficits and the National Debt
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Crowding Out
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Economic Growth
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Public Policy and Economic Growth
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06 Open economy—international trade and finance
6 topicsBalance of Payments Accounts
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Exchange Rates
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The Foreign Exchange Market
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Effect of Changes in Policies and Economic Conditions on the Foreign Exchange Market
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Changes in the Foreign Exchange Market and Net Exports
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Real Interest Rates and International Capital Flows
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