AP Macroeconomics

Enrollment Message

Indiana Online cannot administer the AP Exam. Students need to register with their school of record to take the AP Exam. See Required Textbook

Course Description

AP Macroeconomics is a college-level course that introduces students to the principles that apply to an economic system as a whole. The course places particular emphasis on the study of national income and price-level determination. It also develops students’ familiarity with economic performance measures, the financial sector, stabilization policies, economic growth, and international economics. Students learn to use graphs, charts, and data to analyze, describe, and explain economic concepts.

• Counts as an elective for all diplomas
• Fulfills the economics requirement for all diplomas
• Qualifies as a quantitative reasoning course

Required Textbook

• Economics by McConnell, Brue, and Flynn 21st (college) Edition 978-0021403233 (AP edition).  978-1259723223 (college edition) You may rent the textbook from - Chegg, or purchase from Amazon

Course Goals

Upon completion of the course, students will…

• explain the concept of scarcity and how it necessitates choice and resource allocation by individuals and societies.
• use the PPC model to demonstrate opportunity costs, efficiency, and economic growth. Calculate opportunity costs using data.
• analyze market equilibrium using supply and demand curves, including shifts caused by changes in market conditions.
• define and assess the significance of GDP, unemployment rates, and inflation as measures of economic performance.
• explain the short- and long-term effects of fiscal and monetary policy actions on aggregate demand, output, and price levels.
• use the Aggregate Demand–Aggregate Supply (AD–AS) model to predict economic outcomes, including equilibrium adjustments.
• explain the functions of money, the role of banks in the financial sector, and the process of money creation through fractional reserve banking.
• explain the benefits of trade using comparative advantage and evaluate the effects of exchange rates on trade balances.
• describe the short-run and long-run relationships between inflation and unemployment using the Phillips curve model.
• explain the factors influencing long-term economic growth and evaluate the effects of public policy on economic development.

College Board and Exam Description

• AP Macroeconomics

Units of Instruction

• Unit 1 Basic Economic Concepts
• Unit 2 Economic Indicators and the Business Cycle
• Unit 3 National Income and Price Determination
• Unit 4 Financial Sector
• Unit 5 Long-Run Consequences of Stabilization Policies
• Unit 6 Open Economy - International Trade and Finance

Grading/Evaluation

Indiana Online does not assign letter grades, grant credit for courses, nor issue transcripts or diplomas. A final score reported as a percentage of total points earned will be sent to students upon completion of a course. Your school of record can also access this score within the Student Information System, Genius. The final score will be shown as a percentage in Canvas and Genius. The student’s school of record will determine the letter grade based on their specific grading scale.

Students must complete at least 70% of the course and take all parts of the final exam(s) to have a score reported to their school of record. Failure to meet these requirements will result in a score of 0 reported to the school of record.

Assessments

Online assessments consist of formative and summative assessments represented by computer-graded multiple choice, teacher-graded writing assignments including hands-on projects, model building and other forms of authentic assessments. The course includes the following assessments

• 7 Assignments
• 27 Quizzes

The assessments for this asynchronous course are weighted as follows

Teacher Contact Response Time

Students can use email or the private message system within Genius or Canvas to access highly qualified teachers when they need teacher assistance. Students will also receive feedback on their work inside Canvas. The Teacher Information page of their course may describe additional communication options.

The teacher will respond to student inquiries (email, text, call) within one business day. Assignments will be graded and posted within two business days.

Expectations for Academic Conduct 

Student Handbook 

It is your responsibility to read the student handbook to understand all aspects of taking an online course including expectations for academic conduct. Contact your teacher if you have any questions. 

Assistance for Students with Accommodations

Indiana Online supports an inclusive learning environment for all students. If there are aspects of the instruction or design of this course that hinder your full participation, such as inaccessible web content, or the use of non-captioned videos and podcasts, reasonable accommodations can be arranged.

Technology

Technology Requirements 

Students will require a computer device with headphones, a microphone, webcam, up-to-date Chrome Web Browser, and access to YouTube. Please review the Indiana Online’s Technology Requirements.

Technical Skills Needed 

Basic technology skills necessary to locate and share information and files as well as interact with others in a Learning Management System (LMS), include the ability to

• download, edit, save, convert, and upload files
• download and install software
• use a messaging service similar to email
• communicate with others in online discussion or message boards, following basic rules of netiquette
• open attachments shared in messages
• create, save, and submit files in commonly used word processing program formats and as a PDF
• save a file as a .pdf
• copy and paste and format text using your mouse, keyboard, or an html editor’s toolbar menu
• insert images or links into a file
• search for information within a document using Ctrl+F or Command+F keyboard shortcuts
• work in multiple browser windows and tabs simultaneously
• activate a microphone or webcam on your device, and record and upload or link audio and/or video files
• use presentation and graphics programs
• follow an online pacing guide or calendar of due dates
• use spell-check, citation editors, and tools commonly provided in word processing tool menus
• create and maintain usernames and passwords

Technical Questions?  Please contact the Indiana Online Helpdesk.