Rebecca Hewitt, M. Ed.
South Forsyth High School
rhewitt@forsyth.k12.ga.us
770-781-2264 ext. 100363
AP Macroeconomics Course Syllabus
The Advanced Placement Macroeconomics course is an introductory level course intended to give students a thorough understanding
of the principles of economics that apply to systems as a whole. The course is divided into five units of study including basic economic
concepts, measurement of economic performance, national income and price determination, economic growth, and international
finance, exchange rates, and balance of payments. To view a more in-depth description of the course and sample test items, students
are encouraged to explore the College Board’s AP Central site at:
http://www.collegeboard.com/student/testing/ap/sub_maceco.html?macro
Textbook and Other Resources:
McConnell, Campbell R. and Stanley L. Brue. Economics: Principles, Problems, and Policies. Boston: McGraw-Hill/Irwin,
2005.
Morton, John S. and Goodman, Rae Jean B. Advanced Placement Economics: Teacher Resource Manual. New York:
National Council on Economic Education, 2003.
Virtual Economics: An Interactive Center for Economic Education. (compact disc). National Council on Economic Education,
2005.
Makeup Work: All missed work and assessments are the responsibility of the student when they are absent from school. A student
who is absent on the class day before a regularly scheduled assessment will be responsible for completing the assignment on the
regularly scheduled day and time. Students who have been absent more than two consecutive days (including the assessment day)
will be given five (5) school days to make up the assessment and/or other assignments. This does not include major projects, research
papers, etc., where the deadline has been posted in advance. The teacher has the discretion to grant a longer period of time to make
up work if there are extenuating circumstances.
Late Work Policy: In keeping with the premise of standards based education, all formative assessments are assigned and evaluated
by the teacher in order to inform planning and instruction; therefore it is imperative that all students turn assignments in on time.
Students are allowed to turn in late assignments until the date of the summative assessment for the corresponding unit for a maximum
possible score of 70%. Any student who finds it necessary to turn in a formative assignment after that date must make individual
arrangements with the teacher. Circumstances will be considered on a case by case basis. The late work policy for summative
assessments (i.e. project, research paper, etc.) will be outlined on the assignment guidelines given by the teacher when the project is
assigned.
Grading Calculations:
Course Average = 1st Semester 42.5% 2nd Semester 42.5%= 85% (Course work) + 15% EOCT or Final Exam
Course Work = 60% Summative + 40% Formative
Grading Policy:
A = 90 – 100
B = 80 – 89
C = 70 – 79
Failing = Below 70
Required Assignments: There will be a MINIMUM of one quiz per chapter and one test per unit. Class and homework assignments
may be collected and included as formative grades.
Required Materials: 3-ring binder with loose leaf paper, graphing paper, dividers for different sections of their notebook.
Availability for Extra Help: Instructional Focus on Wednesdays from 10:30-11:30 a.m., Wednesday mornings 7:30 a.m. - 8:00 a.m.
Unit I – Basic Economic Concepts – Weeks 1-9
Chapter 1: Scarcity and Opportunity Costs
Chapter 2: Production Possibilities, Economic Systems,
Product and Resource Markets
Chapter 3: Supply and Demand
Chapter 4: The Market System
Chapter 5: The U.S. Economy
Chapter 6: Specialization and Comparative Advantage
pp.
3-21
22-36
39-56
60-70
73-88
91-106
Formative Assessments (Chapter assignments, homework, and chapter quizzes will be assigned on a weekly basis to offer
practice and descriptive feedback.)
Summative Assessment scheduled week of Oct. 4th
Unit II – Measurement of Economic Performance – Weeks 10-13
Chapter 7: Measuring Domestic Output and National Income pp.
Chapter 8: Unemployment, Inflation, and Price Indices
Chapter 9: Basic Macroeconomic Relationships
112-127
131-149
152-167
Formative Assessments (Chapter assignments, homework, and chapter quizzes will be assigned on a weekly basis to offer
practice and descriptive feedback.)
Summative Assessment scheduled week of Nov. 1st
Unit III – National Income and Price Determination: Fiscal Policy – Week 14-18
Chapter 10: Aggregate Expenditures Model
pp.
172-188
Chapter 11: Aggregate Demand and Supply
193-211
Chapter 12: Fiscal Policy
214-228
Formative Assessments (Chapter assignments, homework, and chapter quizzes will be assigned on a weekly basis to offer
practice and descriptive feedback.)
Summative Assessment scheduled week of Dec. 13th
Unit IV – National Income and Price Determination: Monetary Policy – Weeks 19-24
Chapter 13: Money and Banking
pp.
232-248
Chapter 14: Creation of Money
252-265
Chapter 15: Monetary Policy
268-286
Chapter 16: Phillips and Laffer Curves
292-305
Formative Assessments (Chapter assignments, homework, and chapter quizzes will be assigned on a weekly basis to offer
practice and descriptive feedback.)
Summative Assessment scheduled week of Feb. 7th
Unit V – Economic Growth – Weeks 25-27
Chapter 17: Economic Growth
pp.
308-322
Chapter 18: Deficits and Surpluses
325-334
Formative Assessments (Chapter assignments, homework, and chapter quizzes will be assigned on a weekly basis to offer
practice and descriptive feedback.)
Summative Assessment scheduled week of Mar. 1st
Unit VI – Intl. Finance, Exchange Rates and Balance of Payments – Weeks 28-30
Chapter 37: International Trade
pp.
Chapter 38: Exchange Rates and Balance of Payments
650-668
711-728
Formative Assessments (Chapter assignments, homework, and chapter quizzes will be assigned on a weekly basis to offer
practice and descriptive feedback.)
Summative Assessment scheduled week of Mar. 21st
Weeks 31-36 will consist of unit reviews and test practice in preparation for the AP Exam
The summative assessment schedule is tentative and could be revised based on changes in the school calendar or pacing of the class.