AP® Macroeconomics · For teachers
Assign it with a link.
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Share any notes page, lesson or unit sheet with a stable link. Students need no account, and nothing they do leaves their device unless they choose to sign in.
How to assign it
- Stable links. Each lesson, notes page, unit sheet and free-response question has a permanent address, such as
levlprep.com/macroeconomics/. Links do not expire and need no account.notes/<topic>.html - Question sets.
practice.html?topic=<topic>opens practice on one topic,practice.html?unit=unit-1on a whole unit. Students get feedback and an explanation for every option. The practice page can also print a set as a worksheet. - Free-response questions. Each has its own page with the prompt, the data and a printable answer sheet with lined space. Students write, then reveal the rubric and score themselves point by point. Nothing is graded by AI.
- Printing. Each lesson, notes page, unit sheet and free-response question has a Print button. A lesson prints all its parts in one run; a free-response question prints with lined answer space, and its rubric can print on a separate page.
- Google Classroom. The "Share to Google Classroom" button on each of those pages posts the link to your class.
No login for students
Students open a link and start. They need no account, and nothing they do leaves their device unless they choose to sign in. Progress, answers and scores are stored in their own browser, and typed free-response answers stay on the device they were written on.
Privacy, in short: no ads, no cookies, no tracking across other sites, and no new personal data collected from students. The site uses cookieless analytics and sends a short report when a page breaks. Details are on the privacy page.
Access for teachers and classes
Every notes page, the glossary and the unit sheets are free. Teachers can ask for free access to the rest of the course: email [email protected] from your school address. Ask about discounts for classes at the same address.
Free-response questions
- Ample reserves in a recession: the reserve market, investment, output and loanable funds Long free-response question, 10 points
- Deficit spending at full employment in Tamsin: AD-AS, loanable funds and growth Long free-response question, 10 points
- Higher real interest rates in Arland: loanable funds, capital flows, the currency and net exports Long free-response question, 10 points
- Limited reserves and an inflationary gap: an open market operation, the money market, bonds and unemployment Long free-response question, 10 points
- An oil price shock in Velmar: AD-AS, the Phillips curves and the way back Long free-response question, 10 points
- A recessionary gap in Calder: fiscal policy, the money market and self-adjustment Long free-response question, 10 points
- Balance of payments entries: the current account and the capital and financial account Short free-response question, 5 points
- Government borrowing in Corvel: the real interest rate, investment and the capital stock Short free-response question, 5 points
- Higher inflation abroad: the market for the arl, appreciation and net exports Short free-response question, 5 points
- The frozen pizza market after the price of cheese rises Short free-response question, 5 points
- A rise in the price level: money demand, the nominal interest rate and bond prices Short free-response question, 5 points
- A bank balance sheet: required and excess reserves, lending and the money supply Short free-response question, 5 points
- Closing a recessionary gap in Pellam with spending or taxes Short free-response question, 5 points
- A fall in consumer confidence in Sorell: the Phillips curves in the short and long run Short free-response question, 5 points
- Two countries, one PPC each: opportunity cost, comparative advantage and terms of trade Short free-response question, 5 points
- Nominal GDP and the GDP deflator in Country Z: real GDP, output growth and prices Short free-response question, 5 points
- An inflationary gap in Rivon with no policy response Short free-response question, 5 points
- Labor force data in Country Y: unemployment and participation rates, discouraged workers and a downturn Short free-response question, 5 points
Alignment with the course framework
The units and topics follow the order of the course framework, mapped to our lessons. Titles and explanations are in our own words; nothing reproduces the framework's text. It has not yet been reviewed by an AP® Macroeconomics teacher.
Unit 1: Basic Economic Concepts 5–10% of the exam
Unit page · Printable unit sheet · Question set for the unit · Unit test
| Topic | Lesson | Assign |
|---|---|---|
| 1.1 | Scarcity | Notes · Question set |
| 1.2 | Opportunity Cost and the Production Possibilities Curve (PPC) | Notes · Question set |
| 1.3 | Comparative Advantage and Gains from Trade | Notes · Question set |
| 1.4 | Demand | Notes · Question set |
| 1.5 | Supply | Notes · Question set |
| 1.6 | Market Equilibrium, Disequilibrium, and Changes in Equilibrium | Notes · Question set |
Unit 2: Economic Indicators and the Business Cycle 12–17% of the exam
Unit page · Printable unit sheet · Question set for the unit · Unit test
| Topic | Lesson | Assign |
|---|---|---|
| 2.1 | The Circular Flow and GDP | Notes · Question set |
| 2.2 | Limitations of GDP | Notes · Question set |
| 2.3 | Unemployment | Notes · Question set |
| 2.4 | Price Indices and Inflation | Notes · Question set |
| 2.5 | Costs of Inflation | Notes · Question set |
| 2.6 | Real v. Nominal GDP | Notes · Question set |
| 2.7 | Business Cycles | Notes · Question set |
Unit 3: National Income and Price Determination 17–27% of the exam
Unit page · Printable unit sheet · Question set for the unit · Unit test
| Topic | Lesson | Assign |
|---|---|---|
| 3.1 | Aggregate Demand (AD) | Notes · Question set |
| 3.2 | Multipliers | Notes · Question set |
| 3.3 | Short-Run Aggregate Supply (SRAS) | Notes · Question set |
| 3.4 | Long-Run Aggregate Supply (LRAS) | Notes · Question set |
| 3.5 | Equilibrium in the Aggregate Demand-Aggregate Supply (AD-AS) Model | Notes · Question set |
| 3.6 | Changes in the AD-AS Model in the Short Run | Notes · Question set |
| 3.7 | Long-Run Self-Adjustment | Notes · Question set |
| 3.8 | Fiscal Policy | Notes · Question set |
| 3.9 | Automatic Stabilizers | Notes · Question set |
Unit 4: Financial Sector 18–23% of the exam
Unit page · Printable unit sheet · Question set for the unit · Unit test
| Topic | Lesson | Assign |
|---|---|---|
| 4.1 | Financial Assets | Notes · Question set |
| 4.2 | Nominal v. Real Interest Rates | Notes · Question set |
| 4.3 | Definition, Measurement, and Functions of Money | Notes · Question set |
| 4.4 | Banking and the Expansion of the Money Supply | Notes · Question set |
| 4.5 | The Money Market | Notes · Question set |
| 4.6 | Monetary Policy | Notes · Question set |
| 4.7 | The Loanable Funds Market | Notes · Question set |
Unit 5: Long-Run Consequences of Stabilization Policies 20–30% of the exam
Unit page · Printable unit sheet · Question set for the unit · Unit test
| Topic | Lesson | Assign |
|---|---|---|
| 5.1 | Fiscal and Monetary Policy Actions in the Short Run | Notes · Question set |
| 5.2 | The Phillips Curve | Notes · Question set |
| 5.3 | Money Growth and Inflation | Notes · Question set |
| 5.4 | Government Deficits and the National Debt | Notes · Question set |
| 5.5 | Crowding Out | Notes · Question set |
| 5.6 | Economic Growth | Notes · Question set |
| 5.7 | Public Policy and Economic Growth | Notes · Question set |
Unit 6: Open Economy: International Trade and Finance 10–13% of the exam
Unit page · Printable unit sheet · Question set for the unit · Unit test
| Topic | Lesson | Assign |
|---|---|---|
| 6.1 | Balance of Payments Accounts | Notes · Question set |
| 6.2 | Exchange Rates | Notes · Question set |
| 6.3 | The Foreign Exchange Market | Notes · Question set |
| 6.4 | Effect of Changes in Policies and Economic Conditions on the Foreign Exchange Market | Notes · Question set |
| 6.5 | Changes in the Foreign Exchange Market and Net Exports | Notes · Question set |
| 6.6 | Real Interest Rates and International Capital Flows | Notes · Question set |
Skills
Each math topic sits right before the framework topic that first needs it.
Graph skills you need
Unit page · Printable unit sheet · Question set for the unit
| Topic | Lesson | Assign |
|---|---|---|
| Skill | Axes, Variables and Points | Notes · Question set |
| Skill | Slopes and Curve Shapes | Notes · Question set |
| Skill | Shifts Versus Movements Along a Curve | Notes · Question set |
| Skill | Where Curves Cross | Notes · Question set |
Questions are original and never copied from released exams or course materials.