Advanced Placement Macroeconomics

This article is part of the Advanced Placement series.

General exam structure    •    Awards

Current subjects:

Art History Biology Calculus (AB & BC) Chemistry Chinese Language and Culture Comparative Government & Politics Computer Science A Computer Science Principles English Language & Composition English Literature & Composition Environmental Science European History French Language German Language Human Geography Italian Language and Culture Japanese Language and Culture Latin Macroeconomics Microeconomics Music Theory Physics 1: Algebra-based Physics 2: Algebra-based Physics C: Mechanics Physics C: Electricity and Magnetism Psychology Research (Second part of AP Capstone program) Seminar (First part of AP Capstone program) Spanish Language Spanish Literature Statistics Studio Art (2-D, 3-D, & Drawing) U.S. History U.S. Government & Politics World History

In development:

Russian Language and Culture

Former subjects:

Computer Science AB French Literature German Literature Latin: Vergil Latin Literature Physics B

Advanced Placement Macroeconomics (also known as AP Macroeconomics, AP Macro, or simply Macro) is a course offered by the College Board as part of the Advanced Placement Program for high school students interested in college-level coursework in macroeconomics. Study begins with fundamental economic concepts such as scarcity, opportunity costs, production possibilities, specialization, comparative advantage, demand, supply, and price determination. Major topics include measurement of economic performance, national income and price determination, fiscal and monetary policy, and international economics and growth. AP Macroeconomics is frequently taught in conjunction with (and, in some cases, in the same year as) AP Microeconomics, although more students take the former.

Financial sector:

Economic Growth and Productivity:

Section I consists of 60 questions. The multiple-choice portion of the exam is constructed to reflect the weighting of topics on the AP Macroeconomics Topic Outline (above). For example, test-takers should expect to find between 3 and 6 questions of the 60 total questions on the multiple choice section pertaining to "economic growth" because Unit VI. Economic Growth and Productivity should comprise 5%-10% of the course material studied.

The grade distribution for 2008–2015 were as follows:

Tawni Ferrarini, James Gwartney, and John Morton have argued that the examination does not adequately cover recent advances in the field, writing that "[t]he AP macroeconomics exam and resources largely reflect the simplistic Keynesian view from the 1960s and 1970s."

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