Like many other AP exams, the AP Macro test is divided into 2 sections: multiple choice & free response.

The Multiple Choice Section: (66% of exam score)

You will have 1 hour & 10 minutes to answer 60 questions. The questions will test you on all units, so it's important to brush up on anything you struggle with.

Answer all the questions, as you're not penalized for wrong answers.

Process of elimination will save your life.

Write all over your booklet. You paid for it, and it'll help you stay organized with your thoughts.

Tackle the easy questions first, then go back and do the tough ones.

Circle your answer choice on the booklet, then bubble them in on the answer sheet after you've completed a page. This will avoid silly marking mistakes.

https://secure-media.collegeboard.org/digitalServices/pdf/ap/ap-economics-course-description.pdf

The Free Response Questions: (33% of exam score)

Oh you know, just me casually remembering what I sat through on May 15, 2019.

You'll have an 1 hour to complete 3 questions: one long question & two short ones. On this section you will have to draw graphs, preform minimal calculations, & examine situations to explain outcomes.

Know all the different graphs and how they relate to each other: it's all just cause & effect. Here are all the graphs my interweb friends:

Show your work: Starting in 2020, you will be required to show your work on the FRQs.

2 different colored pens (black & blue) will make your work more organized & understandable

LABEL EVERYTHING. I cannot stress this enough. Label every curve, graph, axis, & shift. Make me proud child.

black or blue inked pens- no pencil allowed on the FRQ portion

It's a good idea to bring water & a snack, but these are not allowed in the testing room. Save them for the break period.

Alright then, go on and make me proud. Score a 5!

AP Macro is a complex subject, so make sure to check out 

blog about 5 Steps to gain Success for AP Macro

AP Macroeconomics

Build a solid foundation in unit 1 of AP Macroeconomics. Our resources go over the important vocabulary, fundamental skills, and basic economic concepts you'll need to master for the exam, such as supply, demand, and market equilibrium. Review and practice with these helpful study guides, so you'll be prepared to conquer the test!

Unit 1 – Basic Economic Concepts

Don't miss out on these useful resources for unit 2 of AP Macroeconomics: Economic Indicators and the Business Cycle! We go over the important vocabulary, skills, and concepts you need to know for the exam. Review and practice GDP, inflation, and unemployment!

Unit 2 – Economic Indicators & the Business Cycle

Take advantage of our useful resources for National Income and Price Determination in AP Macroeconomics. Explore all the important vocabulary, skills, and concepts you need to master. Review aggregate supply and demand, multipliers, and equilibrium and master AP Macro unit 3!

Unit 3 – National Income & Price Determination

Get ready to conquer the financial sector in AP Macroeconomics. We cover the important vocabulary, skills, and concepts you need to master to do well on the exam. Learn all about interest rates, the money market, and monetary policy with our amazing Macro unit 4 guides.

Unit 4 – Financial Sector

Master the long-run effects of stabilization policies in our AP Macro unit 5 guides, and learn all about growth, debt, inflation, and the Philips curve. Review and practice with us, so you'll be prepared to rock the test!

Unit 5 – Long-Run Consequences of Stabilization Policies

Finish out AP Macro: Open Economy—International Trade and Finance. We cover the vocabulary, skills, and concepts you need to master. Our helpful study guides and resources will go over all you need to know about foreign exchange market, rates, and policies to be ready for unit 6!

Unit 6 – Open Economy - International Trade & Finance

Frequently Asked Questions

Learn all about the AP Macroeconomics exam! Learn how to manage the multiple choice questions (MCQs) and how to write great FRQs. Brush up on exam logistics, types of questions, how to draw graphs, helpful tips, sample questions, and practice prompts, With these useful strategies and practice, you'll be prepared to knock the exam out of the park!

Exam Skills: MCQ/FRQ

Free Reviews

Want to know how, what, when, where, or why? Get your questions answered! In these comprehensive Question and Answer sessions, we'll be sure to clear up anything you're confused on or need help with. We'll cover the topics you need us to review so that you can feel confident and prepared to conquer the AP Macroeconomics exam! 

Q and A Sessions

AP Cram Sessions 2021

Live Cram Sessions 2020

Unit 1 Overview: Basic Economic concepts 

Microeconomics vs. Macroeconomics

Factors of Production

Organization of Society

Opportunity Costs and Trade-offs

Production Possibilities

Scarcity

Introduction to the Production Possibilities Curve (PPC)

Opportunity Cost and the Production Possibilities Curve (PPC)

Unit 1 - Comparative Advantage and Trade 

Key Terms 🔎

Introduction

Output Problems

Determining Absolute Advantage

Determining Comparative Advantage

Input Problems

 Terms of Trade

Comparative Advantage and Trade

Unit 1 - Demand 

Definition of Demand

Demand vs. Quantity Demanded

Law of Demand

Determinants of Demand

The INSECT Acronym

Demand

Unit 1 - Supply 

Definition of Supply

Quantity Supplied vs. Supply

Law of Supply

Determinants of Supply

Supply

Market Equilibrium

Market Disequilbrium  

Changes in Market Equilibrium

Recap of the topic: 

Market Equilibrium, Disequilibrium, and Changes in Equilibrium

Multiple Choice Practice for Basic Economic Concepts

Multiple Choice Questions

Answers and Review for Multiple Choice Practice on Basic Economic Concepts

MC Answers and Review

Unit 2 Overview: Economic Indicators and the Business Cycle


Economic Indicators and the Business Cycle

Unit 2 Overview: Economic Indicators and the Business Cycle

Circular Flow

Consumers

Firms

Product Market

Factor Market

Example Flow

GDP (Gross Domestic Product)

Components of GDP 

The Expenditure Approach

The Income Approach

What is Not Included in GDP?

Circular Flow and GDP

Uses of GDP in Economics

Limitations of GDP

1. Population

2. Inequality

3. Environment

4. Shadow Economy

Understanding and Counting Labor

Calculating Unemployment

Calculating the Unemployment Rate

Types of Unemployment

Frictional Unemployment

Structural Unemployment

Cyclical Unemployment

Full Employment

Unemployment

Vocabulary

Defining Inflation

Price Indices and the CPI

Practice Problems

How to Calculate the CPI

Price Indices and Inflation

Costs of Inflation

Who Is Helped By Unanticipated Inflation?

Who is Hurt By Unanticipated Inflation?

Problems With Nominal Variables

Nominal vs. Real GDP

How to Calculate Real and Nominal GDP

Using the GDP Deflator

Real vs Nominal GDP

Measuring Change in the Economy

The Parts of the Business Cycle

Expansion + Peak

Contraction + Trough

The Business Cycle in Real Life

Business Cycles

Multiple Choice Practice for Economic Indicators and the Business Cycle

Answers and Review for Multiple Choice Practice on Economic Indicators and the Business Cycle

Production, Cost, and the Perfect Competition Model (22%-25%)

Introduction to Unit 3

Aggregate Demand

Shifters of Aggregate Demand

Multiple Choice Practice for National Income and Price Determination

Answers and Review for Multiple Choice Practice on National Income and Price Determination

Multipliers

Spending and Tax Multipliers

Short-Run Aggregate Supply (SRAS)

Scenarios

Long-Run Aggregate Supply (LRAS)

Shifters in LRAS

Equilibrium AD-AS Model

Equilibrium Gaps

Equilibrium in Aggregate Demand-Aggregate Supply (AD-AS) Model

GDP Determinants

Negative Supply Shock

Positive Supply Shock

Changes in the AD-AS Model in the Short Run

Long-Run Adjustment

Shocks

Recessionary Gap

Inflationary Gap

Long-Run Self-Adjustment

Short-Run Effects

Types of Fiscal Policies

Expansionary Fiscal Policy

Contractionary Fiscal Policy

Calculating Fiscal Policies

Fiscal Policy

Income Taxes and Antipoverty Programs

Recessionary Period

Inflationary Period

Disclaimer

Automatic Stabilizers

Intro to Unit 4

The Financial Sector

4.1 Financial Assets

4.2 Nominal vs. Real Interest Rates


4.3 Definition, Measurement, and Functions of Money

4.4 Banking and the Expansion of the Money Market

4.5 The Money Market

4.6 Monetary Policy

4.7 The Loanable Funds Market

Unit 4 Overview: Financial Sector

Key Vocabulary

Stocks

Bonds

Loans

Bank Deposits

Bonds and Interest Rates

Financial Assets 💰

Interest Rates

Chart


Nominal Interest Rates

Real Interest Rates

Predictions

Nominal vs. Real Interest Rates

Functions of Money

Medium of Exchange

Unit of Account

Store of Value

Measurements of the Money Supply

Monetary Base

Definition, Measurement, and Functions of Money

Fractional Reserve Banking

Money Multiplier

Banking and the Expansion of the Money Supply

What is the AP Macro exam like?

What is the AP Macro exam like?

AP Macroeconomics 💶

The Multiple Choice Section: (66% of exam score)

How to tackle the MC section

The Free Response Questions: (33% of exam score)

How to tackle the FRQs

What to Bring on Your Test Date

Closing out AP Macro

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