AP MacroeconomicsCore Economic Concepts
Macroeconomics
Macroeconomics is the study of the economy as a whole — total output, unemployment, inflation, and the policies that steer them.
Macroeconomics zooms out to economy-wide questions: what GDP measures, why unemployment and inflation rise and fall, and how fiscal and monetary policy respond. AP Macroeconomics covers economic indicators, the AD–AS model, the financial sector, stabilization policy, and the open economy. It builds on micro's supply-and-demand tools.
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