AP Macroeconomics Exam: Wednesday May 15, 2019, 12PM
If you are taking the AP Macro exam, see the course description and breakdown below to focus your preparation. You were also given a packet in class showing you what sections of the textbook to read and it also covers the key graphs of macroeconomics. I would also suggest taking the steps below to prepare.
Step 1: Watch videos to reinforce the content.
Go to Mr. Clifford’s site below and watch as many videos as you can on the AP Macroeconomic topics. Take notes and draw key graphs as you watch.
(You might want to look into buying his ultimate review packet from his website. It is a great review and he also has practice exams.)
Step 2: Use your online textbook to read up on macro topics.
Step 3: Work FRQs to be able to draw/interpret/analyze the key graphs and concepts
The link below will take you to previous years’ questions and the scoring rubrics that go with them. Set aside time to practice these. Clifford has up to 2014. Go to the College Board site below to see up to 2018.
The number 1 question from each year usually covers the most topics (AD/AS/LRAS, full employment, inflationary gap, recessionary gap, Phillips Curve, money market, loanable funds market, foreign exchange market, etc.) so do as many of those as you can. The #2 and #3 questions usually focus in more specifically on a topic. Pick a few of each below on the specific topics:
Absolute and comparative advantage: 2008 #3, 2004 #3, 2003 #3, 2003 form B #3
Banking, money supply, Federal Reserve: 2001 #3, 2011 #3, 2006 form B #2, 2004 #3, 2009 #3, 2007 #2, 2012 #2, 2016 #2
Foreign exchange/currencies/balance of payments: 2002 form B #3, 2006 form B #3, 2004 #2, 2007 form B #3, 2002 #3, 2010 #3, 2008 #2, 2014 #3
Money market and loanable funds markets: 2014 #2, 2010 form B #2, 2006 #2, 2005 form B #3, 2005 #2
Step 4: Work multiple choice questions
I will give you a set of multiple choice questions with the answer key for you to work on your own. A Barron’s or Princeton review workbook with the practice tests wouldn’t be bad either.
Your online textbook also has multiple choice questions in each module for you to practice.
Finally, Khan Academy has resources on AP Macroeconomics.
Good luck. You’ll get out of it what you put into it.