AP Macroeconomics - Study Guides, Flashcards, AP-style Practice & Mock Exams

The exam has two sections and lasts 2 hours and 10 minutes. It begins with a 70-minute, 60-question multiple-choice section, followed by a 60-minute free-response section that includes one long and two short questions. The sections test your knowledge of economic principles and models.

The most critical skills are economic modeling and interpretation. You must master the course's core graphs, demonstrating the skill of "Manipulation" by showing how policy actions shift curves and change equilibria in models like the aggregate demand-aggregate supply (AD-AS) framework.

A structured approach is most effective for the ~29 hours of content. Progress through the 6 units by mastering each topic with AP-style quizzes. Then, consolidate your knowledge with unit exams before attempting the full-length mock exams to simulate test day conditions and pacing.

The FRQ section requires you to apply economic concepts and models. You will define principles, explain outcomes, and perform "Graphing and Visuals" by drawing, labeling, and manipulating economic models to show the effects of a specific scenario. Clear, concise explanations are crucial for earning full points.

Your final score is a composite of the two sections. The multiple-choice section accounts for 66% of the score, while the three free-response questions make up the remaining 34%. Strong performance on both quantitative and qualitative tasks is necessary for a high score.

Yes, a four-function calculator is permitted on both sections of the exam. However, it is not required, as the exam focuses on your understanding of economic concepts and models rather than complex computations. Any calculations needed are typically straightforward.

No, you will not be given an equation or formula sheet on the exam. It is essential to memorize key formulas for calculating metrics like GDP, inflation, unemployment, and multipliers. Our 1593 flashcards are a great tool for memorizing these critical equations.

Consistent practice is the key to success. This course provides 1016 practice questions and 3 mock exams that cover all 42 topics. This volume of material allows you to master multiple-choice interpretation skills and the graphing and explanation required for the free-response section.

Graphs are the primary tool for illustrating and analyzing economic relationships. Demonstrating the skill of "Graphing and Visuals" by correctly drawing, labeling, and shifting curves on models like the Phillips Curve or the loanable funds market is essential for earning points, especially on the FRQs.

The course focuses on the principles of economics that apply to an economic system as a whole. You will study key areas like Economic Indicators, National Income and Price Determination, the Financial Sector, stabilization policies, and economic growth, providing a framework for analyzing national economies.