1. Major Units of Study for AP Macroeconomics (2016-2017):
First Semester: Units I-III and Senior Project Portfolio
Unit I: Introduction to Economics
Chapter 1: Limits, Alternatives, and Choices
Chapter 2: The Market System and the Circular Flow
Chapter 3: Demand, Supply, and Market Equilibrium
Unit II: Measurements of Economic Performance
Chapter 23: Introduction to Macroeconomics
Chapter 24: Measuring Domestic Output and National Income
Chapter 25: Economic Growth
Chapter 26: Business Cycles, Unemployment, and Inflation
Unit III: Aggregates, National Income, and Price:
Chapter 27: Basic Macroeconomic Relationships
Chapter 28: Aggregate Expenditures Model
Chapter 29: Aggregate Demand and Aggregate Supply
Chapter 30: Fiscal Policy, Deficits, and Debt
Second Semester: Units IV-VII, AP Exam, International Economics Summit Competition, and Monetary Management Unit.
Unit IV: Monetary Policy and the Financial Sector
Chapter 31: Money, Banking, and Financial Institutions Chapter 32: Money Creation
Chapter 33: Interest Rates and Monetary Policy
Chapter 34: Financial Economics
Unit V: Inflation, Unemployment, & Stabilization Policies
Chapter 35: Extending the Analysis of Aggregate Supply
Chapter 36: Current Issues in macro Theory and Policy
Unit VI: International Trade and Finance
Chapter 37: International Trade
Chapter 38: International Finance
Handouts: Developing and Transitional Economies
Unit VII: Review for the AP Exam
AP Macroeconomics Exam on May 10, 2017.
International Economics Summit Competition
Monetary Management Unit:
Ramsey 1: Savings
Ramsey 2: Investment
Ramsey 3: Wealth Building
Throughout Both Semesters:
Current Event Assignment due every other Wednesday
Stock Market Portfolios due every other Wednesday

2. Welcome to Second Semester!
AP Macroeconomics - January 2017 2 3 4 5 6
SEC as investment tool
Stock Market #9 DUE
Read McConnell, pp (Automatic Stabilizers)
Keynesian Rap I
Practice Graphing
Read McConnell, pp (Fiscal Policy Criticisms)
Keynesian Rap II
Practice Graphing
Read McConnell, pp (Public Debt & Crowding Out)
Lecture: Fiscal Policy
Read McConnell, pp (Discretionary Fiscal Policy)
Last senior project artifact: cover letter.
TWO Letters of Recommendation DUE 9 10 11
Review: Unit I – Introduction to Economics
Senior Project Portfolio DUE!!! 12 13
Organize Senior Project Portfolio and prepare for turn in!
Create presentation outline and visual.
Current Event #9 DUE
Review: Unit II – Measurements of Economic Performance
Finish organizing Senior Project Portfolio and prepare for turn in!
NO School!
Martin Luther King Jr. Day! 16 17 18 19 20
Review: Unit III – National Income and Price
LAST DAY of REVIEW for Comprehensive Midterm
MIDTERM
EXAMS
MIDTERM
EXAMS
(End of 1st Semester) 23 24 25 26 27
Introduction to Unit IV: Monetary Policy & The Financial Sector
Lecture: Money (M1, M2, and M3)
Read McConnell, pp (Definition of Money)
Welcome to Second Semester!
The Banking System
Read McConnell, pp (Value of Money)
Go over Midterm Exam!
Finish going over Midterm Exam!
Stock Market #10 DUE
Banking Activity
Read McConnell, pp (Federal Reserve/Banking System) 30 31
Balancing Assets and Liabilities
Read McConnell, pp (Crisis)
Make sure you REVISE your Senior Project Binder when you receive it back from me graded – Take it home and put it in a SAFE place! Seniors will turn their portfolios into the counselling office on March 14, 2017.

3. AP Macroeconomics- February 20173
Current Event #10 DUE
Value of Money
Read McConnell, pp
Fractional Reserve / Banking System
Read McConnell, pp
The Money Multiplier
Read McConnell, pp 6 7 8 9
10.
Stock Market #11 DUE
Monetary Policy
Read McConnell,
Open Market Operations
Read McConnell, pp
Targeting Interest Rates
Read McConnell, pp
Financial Investment & Time Value of Money
Stocks, Bonds, & Mutual Funds
Read McConnell, pp 13 14
Introduction to Unit V: Inflation, Unem., & Stabilization Policies
Read McConnell, pp
Current Event #11 DUE 15 16 17
Risk v. Return
Read McConnell, pp and 692
LRAS
Read McConnell, pp
Applying AD/AS
Read McConnell, pp
Security Market Line
Read McConnell, pp 20 21
Long-run Phillips Curve and Laffer Curve
Stock Market #12 DUE
Read McConnell, pp 22 23 24
President’s Day Holiday!
No School!
Short Run Phillips Curve
Read McConnell, pp
Causes of Macro Instability
Read McConnell, pp
Self-Correction
Read McConnell, pp 27
Begin Economist Project
Read McConnell, pp 28
Rules v. Discretion
Read McConnell, pp

4. AP Macroeconomics - March 2017
Work on Economist Project (in-class)
Current Event #12 DUE
Read McConnell, pp 1 2 3
Work on Economist Project (in-class)
Last Day to Work on Economist Project (in-class) 6 7 8 9 10
Presentations of Economists (Day 1)
Presentations of Economists (Day 2)
Stock Market #13 DUE
Presentations of Economists (Day 3)
Presentations of Economists (Day 4)
Finish Presentations of Economists 13
Review Unit V: Fiscal Policy
Senior Project Portfolio DUE to Counselling Office 14 15 16 17
Review Unit IV: Monetary Policy
Current Event #13 DUE
Finish Reviewing Unit IV and V
Unit IV/V EXAM (Day 1)
Unit IV/V EXAM (Day 2) 20 21
Stock Market #14 DUE – Winner Announced!
Introduction to Unit VI: International Trade & Finance 22 23 24
Comparative Advantage & International Trade
Read McConnell, pp
Specialization and Gains from Trade
Read McConnell, pp
Go over Unit IV/V Exam
Finish going over Unit IV/V Exam 27 28 29
Supply, Demand, equilibrium in World Trade
Read McConnell, pp 30 31
Current Event #14 DUE
(Last ONE!)
Trade Barriers and Export Subsidies
Read McConnell, pp
Senior Celebration Presentations – Half Days!
Introduction to Unit VI: International Trade and Finance

5. AP Macroeconomics- April 20173 4 5 6 7
Spring Break!!!
NO School! 10 11 12 13
Human Development Index & Gini Coefficient
NO more assigned reading! 14
Trade Agreements
Read McConnell, pp
Balance of Payments
Read McConnell, pp
Fixed Exchange Rates & Managed Floats
Read McConnell, pp
Trade Deficits
Read McConnell, pp 17 18 19 20 21
Developmental Diamond
NO more assigned reading!
Go over Mock AP Exam
Helpful advice for M/C Section of Exam.
Go over Mock AP Exam
Helpful advice for Free Response Questions.
Mock AP Exam (Day 1)
Mock AP Exam (Day 2) 24
REVIEW
(Unit I)
Basic Economic Concepts 25
REVIEW
(Unit II)
Measures of Economic Performance
REVIEW
(Unit II)
Measures of Economic Performance 26 27 28
REVIEW
(Unit III)
Aggregates, NI, and Price Level
REVIEW
(Unit II & III)
We’re Almost There!

6. AP Macroeconomics- May 2017
REVIEW
(Unit IV)
Monetary Policy & Banking 2 3
REVIEW
(Unit V)
Fiscal Policy / Economic Remedies 4 5
REVIEW
(Unit IV)
Monetary Policy & Banking
REVIEW
(Unit V)
Fiscal Policy / Economic Remedies
REVIEW
(Unit III) Aggregates, NI, & Price Level 8 9 10 11 12
REVIEW
(Unit VI)
International Trade & Finance
REVIEW
(Unit VI)
International Trade & Finance
AP Macroeconomics EXAM!!!
You did it!!! Now it’s time to BREATHE!!!
Start Prepping for International Economics Summit
Prepping for International Economics Summit 15 16 17 18 19
Go over FRQ Questions
Prep for International Economics Summit
Prep for International Economics Summit
Prep for International Economics Summit
Prep for International Economics Summit 22 23 24 25 26
Seniors: Time to work on Summit Paper (Final)
Juniors: Time to work on Summit Presentation
Seniors: Time to work on Summit Paper (Final)
Juniors: Time to work on Summit Presentation
Prep for International Economics Summit
Field Trip: International Economics Summit
Debrief: International Economics Summit
Winner Announced!
Memorial Day! 29 30 31
Senior Finals: 1, 2, 3
Seniors: Summit Paper DUE
Juniors: PPT DUE
Senior Finals: 4 ,5, 6
NO School!

7. AP Macroeconomics - June 2017
Senior Breakfast
Senior Trip
Start Monetary Management Unit
Ramsey: Savings
Graduation!
Ramsey: Savings 5 6 7 8 9
Final Exams!
Early Dismissal!
Early Dismissal!
LAST DAY OF SCHOOL!
Ramsey: Investment
Final Exams!
Early Dismissal!
Final Exams!
Early Dismissal!
Ramsey: Investment & Wealth Building
Ramsey: Wealth Building
Have a Wonderful Summer ! ! !
See you next year!!!