o­­AP Macroeconomics and AP Microeconomics

 

The countdown to the AP exams

3 or 6 potential college credits and saving at least $500

😱🤑👍😀

 

Macroeconomics                     Microeconomics

                                  May 4 @ 12:00                        May 8 @ 12:00

                                                                                                                     

 

 

Resources

 

*Required back to school forms for your period 1 teacher (online version)

*Free and reduced meals

*Bus registration

*Schedule change request form

*Syllabus

 

*All of the notes we study in the order we study them

  Macroeconomics

  Microeconomics

 

*Essential relationships, graphs and formulas

  Macroeconomics essential relationships (cause and effect)- relationships

  Macroeconomics- graphs

  Macroeconomics- formulas

  Microeconomics- graphs

  Microeconomics- formulas

 

*Breakdown of every important topic from our presentations in the order we study them

  Macroeconomics

  Microeconomics

 

*Main videos covering every topic we study

  Macroeconomics

  Microeconomics

 

*All the vocabulary we study in alphabetical order

  Macroeconomics

  Microeconomics

 

*All of the extra credit we do, in order (good for reviewing)

  Macroeconomics

  Microeconomics

 

*Last minute reviews for the Macro. midterm and each AP exam in May

  Macroeconomics (video, 40 min.)

  Microeconomics (video, 36 min.)

 

*AP free-response questions and answers from previous years' exams

  Macroeconomics

  Microeconomics

 

*AP study guides with multiple-choice and free-response practice questions and answers

  Macroeconomics (OpenStax) (searchable)

  Macroeconomics (from Albert.io) (searchable)

  Microeconomics (from Albert.io) (searchable)

  Microeconomics (OpenStax) (searchable)

 

*Civics notes for the exam

  Civics- all of the information you learned in order in 15 pgs.

 

 

Chapters

 

Chapter 1: Microeconomics and Macroeconomics: introduction and the basics

Chapter 2: Microeconomics and Macroeconomics: the basics

Chapter 3: Macroeconomics

Chapter 4: Macroeconomics

Chapter 5: Macroeconomics

Chapter 6: Macroeconomics

Chapter 7: Microeconomics

Chapter 8: Microeconomics

Chapter 9: Microeconomics

Chapter 10: Microeconomics

 

 

 

Class Schedule

Periods 1-4 are on red days and periods 5-8 are on gold days

 

Wed., 10/15

1. review the Chapter 3 test

2. start Chapter 4

3. pgs. 1-7 from the presentation: topic- sticky wages

 

 

Thurs., 10/16

PSAT- 7:40-12:00

 

 

Fri., 10/17

1. pgs. 8-25 from the presentation: topic- the spending approach to GDP (consumer spending, business

    investment, government spending, and net exports)

2. hw- due by Wed., 10/22: #1 and #2

 

 

Mon., 10/20

1. no school

 

 

Tues., 10/21

1. review the Chapter 3 test

2. start Chapter 4

3. pgs. 1-7 from the presentation: topic- sticky wages

 

 

Wed., 10/22

1. pgs. 26-47 from the presentation: topics- crowding out, the GDP deflator, and the CPI

    (consumer price index)

2. hw- #1 and #2 due

3. hw- due by Fri., 10/24: #3

4. extra credit: the GDP deflator (this is due on or before the day of the test review)

5. videos:

*The GDP Deflator (4 minutes)

*The Consumer Price Index (CPI) (8 minutes)

*Inflation and the Consumer Price Index (CPI) (17 minutes)

 

 

Thurs., 10/23

1. pgs. 8-25 from the presentation: topic- the spending approach to GDP (business investment,

    government spending, and net exports)

2. hw- due by Mon., 10/27: #1 and #2

 

 

Fri., 10/24

1. substitute teacher

2. hw- #3 due (turn this in)

3. read your chapter 3 notes one time and your chapter 4 notes, pgs. 1-8, one time

4. use the time wisely, especially if you owe any work

 

 

Mon., 10/27

1. substitute teacher

2. hw- due by #1 and #2 due (turn these in)

3. read your chapter 3 notes 1 one time and your chapter 4 notes, pgs. 1-8, one time

4. use the time wisely, especially if you owe any work

 

 

Tues., 10/28

1. pgs. 48-63 from the presentation: topic- foreign exchange

2. hw- due by Thurs., 10/30- #4

3. videos:

*Exchange Rates: Floating vs. Fixed (3 minutes)

*Foreign Exchange and Real Interest Rates (6 minutes)

*Foreign Exchange (FOREX) (5 minutes)

 

 

Wed., 10/29

1. pgs. 26-47 from the presentation: topics- crowding out, the GDP deflator, and the CPI

    (consumer price index)

2. extra credit: the GDP deflator (this is due on or before the day of the test review)

3. hw- due by Fri., 10/31: #3

4. videos:

*The GDP Deflator (4 minutes)

*The Consumer Price Index (CPI) (8 minutes)

*Inflation and the Consumer Price Index (CPI) (17 minutes)

 

 

Thurs., 10/30

1. pgs. 64-76 from the presentation: topics- foreign exchange

2. hw- #4 due

3. hw- due by Mon., 11/3: #5

4. videos:

*Unemployment and the Natural Rate of Unemployment (2 minutes)

 

Fri., 10/31

1. pgs. 48-63 from the presentation: topic- foreign exchange

2. hw- due by #3 due

3. hw- due by Tues., 11/4: #4

4. videos:

*Exchange Rates: Floating vs. Fixed (3 minutes)

*Foreign Exchange and Real Interest Rates (6 minutes)

*Foreign Exchange (FOREX) (5 minutes)

 

 

Mon., 11/3

1. pgs. 77-91 from the presentation: topic- unemployment

2. hw- #5 due

 

 

Tues., 11/4

1. pgs. 64-76 from the presentation: topics- foreign exchange

2. hw- #4 due

3. hw- due by Thurs., 11/6: #5

4. videos:

*Unemployment and the Natural Rate of Unemployment (2 minutes)

 

 

Wed., 11/5

1. pgs. 92-106 from the presentation: topic- unemployment

2. hw- due by Fri., 11/7: #6

3. extra credit: the unemployment rate (this is due on or before the day of the test review)

4. videos:

*GDP, Unemployment, and Inflation (2 minutes)

*Macro. Unit 2 Summary (24 minutes) (ignore ?s we haven’t studied)

*Macro. Unit 2- Multiple-Choice Practice #1 (14 minutes) (ignore ?s we haven’t studied)

 

 

Thurs., 11/6

1. 11:40 dismissal

2. no work- too few students in class

3. hw- #5 due

 

 

Fri., 11/7

1. Chapter 4 test review

2. hw- #6 due

3. videos:

*Macro. Unit 2- Multiple-Choice Practice #2 (10 minutes) (ignore ?s we haven’t studied)

*Macro. Unit 5 Summary (26 minutes) (ignore ?s we haven’t studied)

*Macro. Unit 5- Multiple-Choice Practice (2 minutes) (ignore ?s we haven’t studied)

 

 

Mon., 11/10

1. pgs. 77-106 from the presentation: topic- unemployment

2. hw- due by Thurs., 11/13: #6

3. extra credit: the unemployment rate (this is due on or before the day of the test review)

4. videos:

*GDP, Unemployment, and Inflation (2 minutes)

*Macro. Unit 2 Summary (24 minutes) (ignore ?s we haven’t studied)

*Macro. Unit 2- Multiple-Choice Practice #1 (14 minutes) (ignore ?s we haven’t studied)

 

 

Tues., 10/11

1. no school

 

 

Wed., 11/12

1. Chapter 4 test / pencil and blue or blank pen needed

         *for the multiple-choice portion, study:

      1) the Chapter 4 multiple-choice & frq practice questions
              2) the Chapter 4 vocabulary in Quizlet
              3) the Chapter 4 Kahoot! review
              4) the Chapter 4 presentation we use in class or the Chapter 4 notes I give out (the notes do

                  not have the multiple-choice questions though, but they are in the presentation and in #1

                  above)

         *for the free response portion study:
              1) the essential macro graphs and essential macro formulas (you only need to know what

                  we've studied so far)
              2) the Chapter 4 multiple-choice & frq practice questions

 

 

Thurs., 11/13

1. Chapter 4 test review

2. hw- #6 due

3. videos:

*Macro. Unit 2- Multiple-Choice Practice #2 (10 minutes) (ignore ?s we haven’t studied)

*Macro. Unit 5 Summary (26 minutes) (ignore ?s we haven’t studied)

*Macro. Unit 5- Multiple-Choice Practice (2 minutes) (ignore ?s we haven’t studied)

 

 

Fri., 11/14

1. review the Chapter 4 test

2. begin Chapter 5 (there is no test for Chapter 5 because the chapter is short; it'll be combined with

    chapter 6 as a test grade for the 2nd marking period and will also be your midterm; if you do better

    than another test you took during the 2nd marking period, I will replace the lower grade with your

    Chapters 5 and 6/midterm grade)

3. pgs. 1-20 from the presentation

4. hw- due by Tues., 11/18: #1

5. videos:

*Fiscal Policy and Recessions (6 minutes)

*Fiscal Policy: Discretionary vs. Non-discretionary Spending (2 minutes)

*Fiscal and Monetary Policy (4 minutes)

*The Federal Reserve System (2 minutes)

*Monetary policy and the FED (6 minutes)

 

 

Mon., 11/17

1. Chapter 4 test / pencil and blue or blank pen needed

         *for the multiple-choice portion, study:

      1) the Chapter 4 multiple-choice & frq practice questions
              2) the Chapter 4 vocabulary in Quizlet
              3) the Chapter 4 Kahoot! review
              4) the Chapter 4 presentation we use in class or the Chapter 4 notes I give out (the notes do

                  not have the multiple-choice questions though, but they are in the presentation and in #1

                  above)

         *for the free response portion study:
              1) the essential macro graphs and essential macro formulas (you only need to know what

                  we've studied so far)
              2) the Chapter 4 multiple-choice & frq practice questions

 

 

Tues., 11/18

1. pgs. 21-51 from the presentation

2. hw- #1 due

3. hw- due by Thurs., 11/20: #2 and #3

4. extra credit: the money multiplier

5. videos:

*Monetary Policy (3 minutes)

*Monetary Policy: Graphing (3 minutes)

*How Banks Create Money and the Money Multiplier (4 minutes)

*The Money Multiplier (3 minutes)

*The Money Multiplier and the Reserve Requirement (3 minutes)

 

 

Wed., 11/19

1. review the Chapter 4 test

2. begin Chapter 5 (there is no test for Chapter 5 because the chapter is short; it'll be combined with

    chapter 6 as a test grade for the 2nd marking period and will also be your midterm; if you do better

    than another test you took during the 2nd marking period, I will replace the lower grade with your

    Chapters 5 and 6/midterm grade)

3. pgs. 1-20 from the presentation

4. hw- due by Fri., 11/21: #1

5. videos:

*Fiscal Policy and Recessions (6 minutes)

*Fiscal Policy: Discretionary vs. Non-discretionary Spending (2 minutes)

*Fiscal and Monetary Policy (4 minutes)

*The Federal Reserve System (2 minutes)

*Monetary policy and the FED (6 minutes)

 

 

Thurs., 11/20

1. pgs. 52-59 from the Chapter 5 presentation

2. begin Chapter 6

3. pgs. 1-14 from the presentation

4. hw- #2 and #3 from Chapter 5 due

5. hw- due by Mon. 12/2: #1 and #2 from Chapter 6

6. the last day to turn in anything for the 2nd marking period is Mon., 12/15; all due at the beginning of

    the class (no later), and please put the chapter # and homework info. on every homework; any

    concerns see me before Mon., 12/15

7. extra credit: the marginal propensity to consume (MPC) and the marginal propensity to save (MPS)

8. extra credit: the spending multiplier

9. videos:

*The Marginal Propensity to Consumer (MPC) and the Marginal Propensity to Save

  (MPS) (2 minutes)

*The Spending Multiplier and the Money Multiplier

*The Money Market (3 minutes)

*The Money Supply: Shifters (3 minutes)

*The Money Market vs. The Loanable Funds Market (8 minutes)

*Loanable Funds and Crowding Out (3 minutes)

*The Loanable Funds Market (7 minutes)

 

 

Fri., 11/21

1. pgs. 21-51 from the presentation

2. hw- #1 due

3. hw- due by Tues., 12/3: #2 and #3

4. the last day to turn in anything for the 2nd marking period is Fri., 12/12; all due at the beginning of

    the class (no later), and please put the chapter # and homework # on every homework; any concerns

    see me before Fri., 12/12

5. extra credit: the money multiplier

6. videos:

*Monetary Policy (3 minutes)

*Monetary Policy: Graphing (3 minutes)

*How Banks Create Money and the Money Multiplier (4 minutes)

*The Money Multiplier (3 minutes)

*The Money Multiplier and the Reserve Requirement (3 minutes)

 

 

Mon., 11/24- Fri., 11/28

1. no school

 

 

Mon., 12/1

1. pgs. 15-27 from the presentation

2. hw- #1 and #2 from Chapter 6 due

3. hw- due by Wed., 12/3: #3

4. videos:

*The Phillips Curve (3 minutes)

 

 

Tues., 12/2

1. pgs. 52-59 from the Chapter 5 presentation

2. begin Chapter 6

3. pgs. 1-13 from the presentation

4. hw- #2 and #3 from Chapter 5 due

5. hw- due by Thurs. 12/4: #1 and #2 from Chapter 6

6. extra credit: the marginal propensity to consume (MPC) and the marginal propensity to save (MPS)

7. extra credit: the spending multiplier

8. videos:

*The Marginal Propensity to Consumer (MPC) and the Marginal Propensity to Save

  (MPS) (2 minutes)

*The Spending Multiplier and the Money Multiplier

*The Money Market (3 minutes)

*The Money Supply: Shifters (3 minutes)

*The Money Market vs. The Loanable Funds Market (8 minutes)

*Loanable Funds and Crowding Out (3 minutes)

*The Loanable Funds Market (7 minutes)

 

 

Wed., 12/3

1. pgs. 28-35 from the presentation

2. review for the Chapters 5 and 6 test/midterm (this will count as a test grade for the marking period

    and for your midterm; remember… the test is cumulative from chapter 1) (60 multiple choice

    questions and 3 frqs; under "Essential relationships, graphs, and formulas" above, study the

    "Macroeconomics essential relationships (cause and effect)- relationships)," "Macroeconomics-

    graphs," and "Macroeconomics- formulas." Also, under "All of the notes we study in the order we

    study them" above, read "Macroeconomics."

3. hw- #3 from Chapter 6 due

4. hw- due by Fri., 12/5: #4 from Chapter 6

5. extra credit: bank balance sheets and the money multiplier

6. videos:

*Bank Balance Sheets (9 minutes)

 

 

Thurs., 12/4

1. pgs. 15-27 from the presentation

2. hw- #1 and #2 from Chapter 6 due

3. hw- due by Mon., 12/8: #3

4. the last day to turn in anything for the 2nd marking period is Fri., 12/12; all due at the beginning of

    the class (no later), and please put the chapter # and homework # on every homework; any concerns

    see me before Fri., 12/12

5. videos:

*The Phillips Curve (3 minutes)

 

 

Fri., 12/5

1. review for the Chapters 5 and 6 test/midterm (this will count as a test grade for the marking period

    and for your midterm; remember… the test is cumulative from chapter 1) (60 multiple choice

    questions and 3 frqs; under "Essential relationships, graphs, and formulas" above, study the

    "Macroeconomics essential relationships (cause and effect)- relationships)," "Macroeconomics-

    graphs," and "Macroeconomics- formulas." Also, under "All of the notes we study in the order we

    study them" above, read "Macroeconomics."

2. hw- #4 from Chapter 6 due

3. the last day to turn in anything for the 2nd marking period is Mon., 12/15; all due at the beginning of

    the class (no later), and please put the chapter # and homework info. on every homework; any

    concerns see me before Mon., 12/15

4. videos:

*Macro. Unit 3 Summary (32 minutes)

*Macro. Unit 3- Multiple-Choice Practice (27 minutes)

*Macro. Unit 4 Summary (23 minutes)

*Macro. Unit 4- Multiple-Choice Practice (17 minutes)

 

 

Mon., 12/8

1. pgs. 23-35 from the presentation

1. review for the Chapters 5 and 6 test/midterm (this will count as a test grade for the marking period

    and for your midterm; remember… the test is cumulative from chapter 1) (60 multiple choice

    questions and 3 frqs; under "Essential relationships, graphs, and formulas" above, study the

    "Macroeconomics essential relationships (cause and effect)- relationships)," "Macroeconomics-

    graphs," and "Macroeconomics- formulas." Also, under "All of the notes we study in the order we

    study them" above, read "Macroeconomics."

3. hw- #3 from Chapter 6 due

4. hw- due by Wed., 12/10: #4 from Chapter 6

5. extra credit: bank balance sheets and the money multiplier

6. videos:

*Bank Balance Sheets (9 minutes)

 

 

Tues., 12/9

1. review for the Chapters 5 and 6 test/midterm (this will count as a test grade for the marking period

    and for your midterm; remember… the test is cumulative from chapter 1) (60 multiple choice

    questions and 3 frqs; under "Essential relationships, graphs, and formulas" above, study the

    "Macroeconomics essential relationships (cause and effect)- relationships)," "Macroeconomics-

    graphs," and "Macroeconomics- formulas." Also, under "All of the notes we study in the order we

    study them" above, read "Macroeconomics."

 

Wed., 12/10

1. review for the Chapters 5 and 6 test/midterm (this will count as a test grade for the marking period

    and for your midterm; remember… the test is cumulative from chapter 1) (60 multiple choice

    questions and 3 frqs; under "Essential relationships, graphs, and formulas" above, study the

    "Macroeconomics essential relationships (cause and effect)- relationships)," "Macroeconomics-

    graphs," and "Macroeconomics- formulas." Also, under "All of the notes we study in the order we

    study them" above, read "Macroeconomics."

2. hw- #4 from Chapter 6 due

3. the last day to turn in anything for the 2nd marking period is Fri., 12/12; all due at the beginning of

    the class (no later), and please put the chapter # and homework # on every homework; any concerns

    see me before Fri., 12/12

4. videos:

*Macro. Unit 3 Summary (32 minutes)

*Macro. Unit 3- Multiple-Choice Practice (27 minutes)

*Macro. Unit 4 Summary (23 minutes)

*Macro. Unit 4- Multiple-Choice Practice (17 minutes)

 

 

Thurs., 12/11

1. review for the Chapters 5 and 6 test/midterm (this will count as a test grade for the marking period

    and for your midterm; remember… the test is cumulative from chapter 1) (60 multiple choice

    questions and 3 frqs; under "Essential relationships, graphs, and formulas" above, study the

    "Macroeconomics essential relationships (cause and effect)- relationships)," "Macroeconomics-

    graphs," and "Macroeconomics- formulas." Also, under "All of the notes we study in the order we

    study them" above, read "Macroeconomics."

2. the last day to turn in anything for the 2nd marking period is Mon., 12/15; all due at the beginning of

    the class (no later), and please put the chapter # and homework info. on every homework; any

    concerns see me before Mon., 12/15

 

 

Fri., 12/12

1. review for the Chapters 5 and 6 test/midterm (this will count as a test grade for the marking period

    and for your midterm; remember… the test is cumulative from chapter 1) (60 multiple choice

    questions and 3 frqs; under "Essential relationships, graphs, and formulas" above, study the

    "Macroeconomics essential relationships (cause and effect)- relationships)," "Macroeconomics-

    graphs," and "Macroeconomics- formulas." Also, under "All of the notes we study in the order we

    study them" above, read "Macroeconomics."

2. today is the last day to turn in anything for the 2nd marking period; everything is due at the beginning

    of the class (no later), and please put the chapter # and homework # on every homework

 

 

Mon., 12/15

1. review for the Chapters 5 and 6 test/midterm (this will count as a test grade for the marking period

    and for your midterm; remember… the test is cumulative from chapter 1) (60 multiple choice

    questions and 3 frqs; under "Essential relationships, graphs, and formulas" above, study the

    "Macroeconomics essential relationships (cause and effect)- relationships)," "Macroeconomics-

    graphs," and "Macroeconomics- formulas." Also, under "All of the notes we study in the order we

    study them" above, read "Macroeconomics."

2. today is the last day to turn in anything for the 2nd marking period; everything is due at the beginning

    of the class (no later), and please put the chapter # and homework # on every homework

 

 

**Midterms**

Tues., 12/16

1. period 5 midterm: Chapters 5 and 6 test/midterm: 7:40-9:40 (this will count as a test grade for the

    marking period and for your midterm; remember… the test is cumulative from chapter 1) (60

    multiple choice questions and 3 frqs; under "Essential relationships, graphs, and formulas" above,

    study the "Macroeconomics essential relationships (cause and effect)- relationships),"

    "Macroeconomics- graphs," and "Macroeconomics- formulas." Also, under "All of the notes we

    study in the order we study them" above, read "Macroeconomics."

2. period 6 midterm: 9:45-11:40

3. 11:40 dismissal

 


Wed., 12/17

1. period 1 midterm: 7:40­‐9:40

2. period 2 midterm: 9:45-11:40

3. 11:40 dismissal

 


Thurs., 12/18

1. period 7 midterm: 7:40­‐9:40

2. period 8 midterm: 9:45-11:40

3. 11:40 dismissal

 


Fri., 12/19

1. period 3 midterm: 7:40-9:40

2. period 4 midterm: Chapters 5 and 6 test/midterm: 9:45-11:40 (this will count as a test grade for the

    marking period and for your midterm; remember… the test is cumulative from chapter 1) (60

    multiple choice questions and 3 frqs; under "Essential relationships, graphs, and formulas" above,

    study the "Macroeconomics essential relationships (cause and effect)- relationships),"

    "Macroeconomics- graphs," and "Macroeconomics- formulas." Also, under "All of the notes we

    study in the order we study them" above, read "Macroeconomics."

3. 11:40 dismissal

 

 

Mon., 12/23 - Fri., 1/3

1. no school

 

 

Tues., 1/7

1. start Microeconomics

2. begin Chapter 7

3. pgs. 1-14 from the presentation

4. hw- due by Thurs., 1/9: #1

5. extra credit: cross-price elasticity
6. extra credit: price elasticity of demand
7. videos:
               *Elasticity Overview and Tips (7 minutes)
               *Elasticity (6 minutes)
               *Price Elasticity of Demand and Supply and Cross-Price Elasticity (7 minutes)