The purpose of an AP course in Macroeconomics is to give students a thorough understanding of the principles of economics that apply to an economic system as a whole. Such a course places particular emphasis on the study of national income and price determination, and also develops students' familiarity with economic performance measures, economic growth, and international economics. There is no single approach that an AP Macroeconomics course is expected to follow. Whatever the approach, however, AP teachers are advised to take into account certain topics generally covered in college courses. The following are these topics included in the course.

I. Basic Economic Concepts

II. Measurement of Economic Performance

III. National Income and Price Determination

IV. Economic Growth

V. International Finance, Exchange Rates, and Balance of Payments

Last Revised: July 20, 2005