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AP Macroeconomics

Unit 1: Basic Economic Concepts

Unit 2: Economic Indicators and the Business Cycle

Unit 3: National Income and Price Determination

Unit 4: Financial Sector

Unit 5: Long-Run Consequences of Stabilization Policies

5.1 Fiscal and Monetary Policy Actions in the Short Run

5.2 The Phillips Curve

MOD-3.A—a. Define (using graphs as appropriate) the short-run Phillips curve and the long-run Phillips curve. b. Explain (using graphs as…

MOD-3.B—Explain (using graphs as appropriate) the response of unemployment and inflation in the short run and in the long run

5.3 Money Growth and Inflation

5.4 Government Deficits and the National Debt

5.5 Crowding Out

5.6 Economic Growth

5.7 Public Policy and Economic Growth

Unit 6: Open Economy—International Trade and Finance

AP/Macroeconomics/Concept//Unit 5: Long-Run Consequences of Stabilization Policies/5.2 The Phillips Curve/MOD-3.A—a. Define (using graphs as appropriate) the short-run Phillips curve and the long-run Phillips curve. b. Explain (using graphs as…

Unit 5: Long-Run Consequences of Stabilization Policies

Syllabus: 2026
Section: —
Level: —

Exam analysis

Most tested topics

Fiscal and Monetary Policy Actions in the Short Run
The Phillips Curve
Money Growth and Inflation
Government Deficits and the National Debt
Crowding Out
Economic Growth
Public Policy and Economic Growth