Advanced Placement Macroeconomics Mater Lakes Academy Mr. Sasore,

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1 Advanced Placement Macroeconomics Mater Lakes Academy Mr. Sasore, Course Description This course is designed to introduce students to the building blocks of Macroeconomic theory. You will learn about the workings of economy as a whole. At the end of this course, you will be able to understand how economic performance is measured, the workings of the financial sector, stabilization policies, growth theory and open economy macroeconomics. Course Text Krugman s Economics for AP, 2016, Second Edition, Pearson. Supplementary material Supplementary reading materials and videos will be assigned throughout the course and will be made available on the course webpage Required Supplies 3-prong binder Set of 5 dividers College ruled loose leaf paper Highlighters Absences/ Late Work Policy All absences are considered unexcused until a note is brought to the office. Makeup work will only be accepted for excused absences. Students will have until the next class meeting to turn in classwork missed on the day he/she was absent. No makeups will be accepted for unexcused absences Cell Phone/ Electronic Device Policy Use of cell phones and other electronic devices during class is strictly prohibited. All such devices should be turned off and out of sight. Any violation of this policy will lead to sanctions to be determined by your teacher Assessment Students will be assessed continuously throughout the year. The assessment categories and frequency are as follows Homework will be assigned after every class meeting and will be due at the next class Classwork this will be completed at the end of every class and will cover the material discussed that day Quizzes these will be administered after every two/three modules (see below) Tests and Exams there will be a unit test at the end of each section (see below). These will be announced at least one week in advance. In addition, there will be a mock AP Exam about a month prior to final AP test which will count towards your final grade for the 4 th quarter. The exact date will be communicated to you in due course.

2 Grading Grades breakdown Tests 40% Quizzes 25% Classwork 20% Homework 15% Grading Scale A B C D 0-59 F Academic Dishonesty Academic dishonesty shall not tolerated in this class. Academic dishonesty refers to but is not limited to the following: Cheating The unauthorized use of books, notes, aids, electronic sources; or assistance from another person with respect to examinations, class assignments, and homework Plagiarism The use and appropriation of another s work without any indication of the source and the representation of such work as the student s own. Any student who fails to give credit for ideas, expressions or materials taken from another source, including internet sources, is guilty of plagiarism. In order to avoid plagiarism, please do the following: If you reproduce statements verbatim, place them in quotation marks and explicitly state the author s name and cite your source. If you reproduce or rephrase the general idea (not verbatim), forego quotation marks but still explicitly state the author s name and cite your source. Any student found guilty of academic dishonesty will receive an automatic F for that assignment Classroom Rules: 1. Be on time, in your seat, and ready to work when the bell rings. 2. Respect yourself and others. 3. No food or drinks are allowed. 4. Always come prepared to learn. 5. No electronic devices may be used in class. All cell phones must be stored in your book bag and out of sight. Using your cell phone during class will constitute a violation of the contract and may lead to sanctions 6. No restroom passes will be given during first 10 and last 10 minutes of class or during a lesson. Bathroom privileges will be revoked if you are found to be abusing these privileges 7. It is your responsibility to keep track of DUE dates for all assignments. 8. Absolutely NO cheating on ANY assignments

3 Course Sequence: Section 1: Basic Concepts Module 1: The Study of Economics Module 2: Introduction to Macroeconomics Module 3: The Production Possibilities Curve Model Module 4: Comparative Advantage and Trade Section 2: Supply and Demand Module 5: Introduction and Demand Module 6: Supply Module 7: Equilibrium Section 3: Measurement of Economic Performance Module 10: Circular Flow and GDP Module 11: Interpreting Real GDP Module 12: Meaning and Calculation of Unemployment Module 13: Causes and Categories of Unemployment Module 14: Inflation: Overview Module 15: Measurement and Calculation of Inflation Section 4: National Income and Price Determination Module 16: Income and Expenditure Module 17: Aggregate Demand Module 18: Aggregate Supply Module 19: Equilibrium in the AD-AS Model Module 20: Fiscal Policy and Multiplier effects Section 5: The Financial Sector Module 22: Savings, Investment and the Financial System Module 23: the Definition and Measurement of Money Module 24: Time Value of Money Module 25: Banking and Money Creation Module 26: The Federal Reserve System Module 27: Monetary Policy Module 28: the Money Market Module 29: the Market for Loanable Funds Section 6: Inflation, Unemployment and Stabilization Policies Module 30: Deficits and Public Debt Module 31: Monetary Policy and the Interest Rate Module 32: Money, Output and Prices in the Long Run Module 33: Types of Inflation Module 34: The Phillips Curve Module 35: History and Alternative Views of Macroeconomics Module 36: Modern Macroeconomics consensus and conflict Section 7: Economic Growth and Productivity Module 37: Long run Economic Growth Module 38: Productivity and Growth Module 39: Growth Policy

4 Module 40: Economic Growth in Macro Models Section 8: The Open Economy Module 41: Capital Flows and BOP Module 42: Foreign Exchange Market Module 43: Exchange Rates and Macroeconomic Policy Module 44: Barriers to Trade Module 45: Summary

5 AP Macroeconomics Contract Print, complete and return this page to me on Friday, August 24, 2018 I have read and understand all of the information contained in this syllabus. I understand that all assigned work is required and that respect must be demonstrated at all times to maintain a healthy learning environment for my peers, my teacher, and myself. I will try my best and adhere to these requirements so that I may have a successful year in this course. Student Name: Student Signature: Student Date: Period: Parent Name: Parent Signature: Parent Phone Number: Parent Date:

Livermore Valley Joint Unified School District. B or better in Algebra I, or consent of instructor

Livermore Valley Joint Unified School District DRAFT Course Title: AP Macroeconomics Grade Level(s) 11-12 Length of Course: Credit: Prerequisite: One semester or equivalent term 5 units B or better in