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ap macroeconomics - course preview: exam format & models

originally streamed in 2024 with Collin Wang, Myint Aung, and Yuyi LiuStudents
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Review session covering AP Macroeconomics exam strategies, key economic models, and practice questions to help you prepare for test day. Learn proven approaches for multiple choice and FRQs, plus get clarity on ADAS, Phillips Curve, Foreign Exchange ...more

covered in this stream

units
Unit 3 – National Income and Price DeterminationUnit 4 – Financial SectorUnit 5 – Long–Run Consequences of Stabilization PoliciesUnit 6 – Open Economy – International Trade and FinanceAP Macroeconomics Exam
topics
1.2 Opportunity Cost and the Production Possibilities Curve (PPC)2.1 Circular Flow and GDP2.3 Unemployment3.5 Equilibrium in Aggregate Demand-Aggregate Supply (AD-AS) Model3.6 Changes in the AD-AS Model in the Short Run4.5 The Money Market4.6 Monetary Policy4.7 The Loanable Funds Market5.2 The Phillips Curve6.3 Foreign Exchange Market

timestamps

  • 0:00

    Course Introduction

  • 0:16

    Welcome and Reminders

  • 1:20

    Review Session Tips

  • 2:23

    Upcoming Schedule

  • 2:54

    Host Introductions

  • 5:01

    Agenda Overview

  • 6:06

    Exam Format Breakdown

  • 7:47

    Multiple Choice Tips

  • 8:48

    FRQ Tips

  • 9:19

    Long FRQ Example

  • 11:01

    Short FRQ Examples

  • 13:41

    Final FRQ Tips

  • 15:14

    Production Possibilities Curve

  • 16:20

    ADAS Model

  • 18:03

    Output Gaps

  • 18:34

    Loanable Funds Market

  • 19:05

    Money Market Model

  • 20:08

    Phillips Curve Overview

  • 22:12

    Aggregate Demand Shifts

  • 24:19

    Short-Run Phillips Curve

  • 25:21

    Long-Run Phillips Curve

  • 28:07

    Foreign Exchange Market

  • 31:48

    Key Equations

  • 37:01

    Practice Quiz Begins

  • 43:21

    Quiz on Forex and Advantage

  • 50:00

    Quiz on Aggregate Supply

  • 57:08

    Quiz on Phillips Curve

  • 1:02:58

    Q&A Session

  • 1:03:55

    Phillips Curve Clarification

  • 1:08:05

    Calculator Guidelines

  • 1:09:40

    Central Banks Explanation

  • 1:11:16

    Currency Appreciation

  • 1:13:01

    Session Closing

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© 2026 Fiveable Inc. All rights reserved.

AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.

every AP exam is fiveable

Fiveable

Study Content & Tools

Study GuidesFRQs + AI ScoringAP Essay Grader for StudentsAI Grading for TeachersPractice QuestionsGlossaryScore Calculators

Company

What's New?PricingBulk DiscountsTestimonialsFAQsEmail us

Resources

AP Exam Schedule 2027AP Exam AccommodationsAP ClassesAP ClassroomEasiest AP ClassesHardest AP ClassesAP vs IBAP vs Dual EnrollmentAP vs Honors ClassesAP Scholar Awards

history

🌎 ap world history🇺🇸 ap us history🇪🇺 ap european history

social science

✊🏿 ap african american studies🗳️ ap comparative government🚜 ap human geography💶 ap macroeconomics🤑 ap microeconomics🧠 ap psychology👩🏾‍⚖️ ap us government

english & capstone

✍🏽 ap english language📚 ap english literature🔍 ap research💬 ap seminar

arts

🎨 ap art & design🖼️ ap art history🎵 ap music theory

science

🧬 ap biology🧪 ap chemistry♻️ ap environmental science🎡 ap physics 1🧲 ap physics 2💡 ap physics c: e&m⚙️ ap physics c: mechanics

math & computer science

🧮 ap calculus ab♾️ ap calculus bc📐 ap precalculus📊 ap statistics💻 ap computer science a⌨️ ap computer science p

world languages

🇨🇳 ap chinese🇫🇷 ap french🇩🇪 ap german🇮🇹 ap italian🇯🇵 ap japanese🏛️ ap latin🇪🇸 ap spanish language💃🏽 ap spanish literature

career kickstart

💼 ap business with personal finance🔒 ap cybersecurity

go beyond AP

high school exams

✏️ PSAT🎓 Digital SAT🎒 ACT

honors classes

🍬 honors algebra II🫀 honors anatomy🐇 honors biology👩🏽‍🔬 honors chemistry💲 honors economics📐 honors geometry⚾️ honors physics📏 honors pre-calculus📊 honors statistics🗳️ honors us government🇺🇸 honors us history🌎 honors world history

college classes

👩🏽‍🎤 arts👔 business🎤 communications🏗️ engineering📓 humanities➗ math🧑🏽‍🔬 science💶 social science

hs classes

🏛️ alabama history⛰️ appalachian studies🌴 california history🌍 earth science🌐 ethnic studies🐊 florida history🍑 georgia history🌎 global studies🌺 hawaiian studies📰 journalism🪶 native american studies🌵 new mexico history🤠 oklahoma history⚗️ physical science🎙️ speech and debate🤝 texas government🤠 texas history🌲 washington state history🕊️ world religions
RefundsTermsPrivacyCCPAAI TransparencySchool Data Privacy

© 2026 Fiveable Inc. All rights reserved.

AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.