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AP Macroeconomics Notes

共109页

Unit One

Basic Economic Concepts                 Chapters1, 2 ,3 & 5

Unit Two  

Measurement of Economic Performance    Chapters 6 &7

Circular Flow of income and Business cycle

Gross Domestic Product and National Income

Unemployment/Inflation

Unit Three

Price Level and Output Determination     Chapters 8,9,10,11, 15 (partial)

Building Aggregate Expenditure Model

Aggregate Demand and Supply

Fiscal Policy

Long run-short run

Phillips Curve & Wage-price models

Budget Deficits and the Public Debt

Unit Four

Money, Monetary Policy and Stability       Chapters 12, 13, 14, 14W

Financials Markets and concepts

Money and Banking

Monetary Policy and Aggregate Demand

Unit Five

Monetary and Fiscal Combinations         Chapters 15, 16,17

Monetarists/Keynesian controversy

Rational Expectations

Supply Side Economics

Economic Growth

Unit Six

The US in a Global Economy               Chapters 5, 35,36

Comparative Advantage

Gains from Trade and exchange

Government Intervention

Balance of payments