AP MACROECONOMICS
SYLLABUS
Walker – Spring Semester -- 2014
MONDAY
March 17
Module 16
 Overview of Module 16 – Reading Notes
TUESDAY
March 18
AP Practice Exam/AP English IV Field Trip
Unit 3 – National Income & Price Determination
WEDNESDAY
March 19
 Explain how initial changes in spending lead to further changes in the economy via the
multiplier
 Describe & calculate the marginal propensity to consume & the marginal propensity to
save
 Distinguish between autonomous consumption and induced consumption
THURSDAY
March 20
 Give the meaning of the aggregate consumption function which shows how current
disposable income affects consumer spending
 Explain how expected future income and aggregate wealth affect consumer spending
FRIDAY
March 21
 Quiz on the Multiplier
 Continue discussion of the consumption function
MONDAY
March 24
 Identify the determinants of investment spending
 Analyze the importance of investment spending on the future state of the economy.
TUESDAY
March 25
 Quiz
 Practice with the Multiplier
WEDNESDAY
March 26
Test Unit III Topic 1 – Basic Macroeconomic Relationships
THURSDAY
March 27
 Module 17 – Aggregate Demand
FRIDAY
March 28
 More on Aggregate Demand