Classroom Resources to Teach AP Macroeconomics

Page One Economics® Articles Aligned with the AP Macroeconomics Curriculum

Keep your students in the know on timely economic issues with Page One Economics®. Each of these articles provides a simple, short overview of a current economic event that offers students an opportunity to use close reading strategies.

The Teacher’s Guide in each article includes student questions and a teacher answer key, plus additional resources and lesson ideas for classroom, extra credit, or make-up assignments. To find the answer key, or to assign Page One Economics® as an online learning resource, register for an Econ Lowdown teacher account.

AP Macroeconomics Units and Topics are shown below, followed by the relevant Page One Economics® articles.

Unit 1: Basic Economic Concepts

Topics

• Scarcity
• Opportunity cost and the production possibilities curve
• Comparative advantage and gains from trade
• Supply and demand
• Market equilibrium, disequilibrium, and changes in equilibrium

Unit 2: Economic Indicators and the Business Cycle

Topics

• The circular flow and GDP
• Unemployment
• Price indices and inflation
• Real vs. nominal GDP
• Business cycles

Unit 3: National Income and Price Determination

Topics

• Aggregate demand
• Short-run and long-run aggregate supply
• Equilibrium and changes in the aggregate demand‒aggregate supply model
• Fiscal policy

Unit 4: Financial Sector

Topics

• Financial assets
• Definition, measurement, and functions of money
• Banking and the expansion of the money supply
• Monetary policy

Unit 5: Long-Run Consequences of Stabilization Policies

Topics

• The Phillips curve
• Money growth and inflation
• Government deficits and national debt
• Crowding out
• Economic growth

Unit 6: Open Economy—International Trade and Finance

Topics

• Balance of payments accounts
• Exchange rates and the foreign exchange market
• Effects of changes in policies and economic conditions on the foreign exchange market
• Changes in the foreign exchange market and net exports
• Real interest rates and international capital flows

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