ࡱ> LOKc bjbj ><QbQb  LLbbbvvv8L,v2&&&&&ZZZ1111111$3{6p1b;ZZ;;1L V &&41;Lb&b&1;1.|0&`ezdR/1102d/6F6$006b0pZNZZZ111XZZZ2;;;;6ZZZZZZZZZ B : AP Macroeconomics Instructor: Lance Malone Email: Lance.Malone@yourcharlotteschools.net Phone: 575-5450 x1807 Text: Ray, Margaret, and David Anderson. Krugman's Macroeconomics for AP. New York: Worth Publishers/BFW, 2015. Video Series: Econ U$A series with Discussion Class Activities/Work: Completion of graphing and interpretation exercises in Morton, John S. Advanced Placement Economics, 3rd ed. New York, NY: National Council on Economic Education, 2003 and additional exercises from the NCEE and other sources as necessary. Selected readings, assignments and discussions from Anderson, David. Economics by Example. New York: Worth, 2007. Course Description: The purpose of this 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-level determination, and also develops students' familiarity with economic performance measures, the financial sector, stabilization policies, economic growth, and international economics. (AP Course Description Manual 2019) Course Outline % of AP Test Topic Morton /(Anderson) Activities Unit 1 8-12% of AP Basic Economic Concepts Section 1 (Ch. 1) Module 1: The Study of Economics Module 2: Introduction to Macroeconomics 17 Module 3: The Production Possibilities Curve Model 1 and 2 Part A Module 4: Comparative Advantage and Trade 2 Part B, 49, 50 Section 2 (Ch. 3) Module 5: Introduction to Demand 3 and 4 Module 6: Supply and Equilibrium 5 and 6 Module 7: Changes in Equilibrium 7 Module 8: Price Controls (If we have Time) Unit 2 12-16% of AP Measurement of Economic Performance Section 3 (Ch. 21) Module 10: The Circular Flow and GDP 10 and 12 Module 11: Interpreting RGDP 11 Part C Module 12: The Meaning and Calculation of Unemployment 11 Part A Module 13: The Causes and Categories of Unemployment 16 Module 14: Inflation: An Overview 11 Part B Module 15: The Measurement and Calculation of Inflation 13 Unit 3 10-15% of AP National Income and Price Determination Section 4 (Ch. 25) Module 16: Income and Expenditures 20 and 21 Module 17: AD: Introduction and Determinants 23 Module 18: AS: Introduction and Determinants 24 and 29 Module 19: Equilibrium in the AD/AS Model 25 and 28 Module 20: Economic Policy and the AD/AS Model 27, 30, 43 and 45 Module 21: Fiscal Policy and the Multiplier 31 Unit 4 15-20% of AP Financial Sector Section 5 (Ch. 22) Module 22: Saving, Investment and the Financial System Module 23: The Definition and Measurement of Money 34 and 35 Module 24: The Time Value of Money Module 25: Banking and Money Creation 37 Module 26: The Fed. History and Structure 38 Module 27: The Fed. Monetary Policy 40 Module 28: The Money Market 39 Module 29: The Market for Loanable Funds 41 and 44 Unit 5 20-30% of AP Inflation, Unemployment and Stabilization Policies Section 6 (Ch. 26) Module 30: Long Run Implications of Fiscal Policy: Deficits and the Public Debt Module 31: Monetary Policy and the interest Rate 43 Module 32: Money, Output and Prices in the Long Run 42 Module 33: Types of Inflation, Disinflation and Deflation Module 34: Inflation and Unemployment: The Phillips Curve 46 Module 35: History and Alternative Views of Macroeconomics 48 Module 36: The Modern Macroeconomic Consensus Unit 6 5-10% of AP Economic Growth and Productivity Section 7 (Ch. 28) Module 37: Long Run Economic Growth Module 38: Productivity and Growth Module 39: Growth Policy: Why Economic Growth Rates Differ Module 40: Economic Growth in Macroeconomic Models 47 Unit 7 10-15% of AP Open Economy: International Trade and Finance Section 8 (Ch. 27) Module 41: Capital Flows and the Balance of Payments 51 and 52 Module 42: The Foreign Exchange Market 53 Module 43: Exchange Rate Policy Module 44: Exchange Rates and Macroeconomic Policy 54 and 55 Module 45: Putting it All Together There will be 9 Tests during this course (8 Section Exams and a Graphing Exam), as well as various quizzes as necessary. It is expected that all students will take the AP Macroeconomics exam scheduled in May. There will be review sessions. It is expected that students will be at a minimum of 65% of these review days. Review will include test taking strategy and practice tests as well as content review. Please refer to ϲͼ Student code of conduct for all disciplinary action. School board policy will be adhered to. Attendance- All absences will be given 2 days to makeup assignments, however all unexcused absences will be subject to a 30% grade reduction on missed assignments. Long term assignments are due the first day the students is in school after their absence.      This is an approved syllabus used for an authorized AP Macroeconomics course, as defined by the College Board: Approved Syllabus: An approved syllabus is one that has been reviewed by a certified AP Course Audit reviewer and found to include evidence that all AP curricular requirements are addressed. Authorized Course: A course with a finalized Course Audit form and an approved syllabus is authorized to use the AP designation on student transcripts. Course Audit Form: This online form lists all curricular and resource requirements of the AP course. 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