AP Macroeconomics

The whole economy — output, money, and policy

AP Macroeconomics is the study of the economy as a single system: how a nation's total output, employment, price level, money, interest rates, and trade fit together — and how governments and central banks steer them. This course walks the College Board's six-unit sequence from scarcity and the production possibilities curve, through GDP and the business cycle, into the AD/AS model, the money market, long-run stabilization, and the open economy. It ends where the exam lives: the five must-know graphs and the free-response strategy that turns understanding into points. Master these and you can read a recession, a rate cut, or a currency swing the way an economist does.