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Textbook Resources
AP Macroeconomics
A textbook is not required for this course. However, most students benefit from having a textbook so they can review additional examples and do extra practice
problems. The recommended textbook for this course is Macroeconomics for Today. We provide references from the 10th edition of the book, however earlier
editions are also acceptable.

Macroeconomics for Today, 10th edition, ed. Irvin B. Tucker, Cengage Learning, Inc. 2019, 2017. ISBN: 978-1-337-61305-7.

Acceptable alternatives:
• 9th edition, 2017. ISBN13: 978-1-305-50714-2 or ISBN10: 1-305-5071402
• 8th edition, 2014. ISBN: 113343505X
• 7th edition, 2011. ISBN: 0538469447
• 6th edition, 2010. ISBN: 0324591373

The chart below shows when specific sections of the textbook are referenced. You may want to print the chart and keep it in your notebook so you’ll know what
part of the textbook to reference when you reach specific activities.

10th 9th 8th 7th 6th Stop when you reach the
Unit, Lesson: Activity Begin with:
Edition Edition Edition Edition Edition heading:
Unit 1, Lesson 1: Study: p. 3-10 p. 3-10 p. 3-11 p. 3-12 p. 3-10 The Problem of Scarcity Why Do Economists Disagree?
Introduction to Economics
p. 21-31 p. 21-32 p. 21-29 p. 21-29 p. 19-28 Appendix to Chapter 1 End of Appendix

Unit 1, Lesson 1: Study: p. 34 p. 34-35 p. 35-36 p. 35-36 p. 32 Three Fundamental Economic Opportunity Cost
Economic Systems Questions
p. 516-533 p. 516-532 p. 533-549 p. 515-533 p. 492-508 Basic Types of Economic Key Concepts
Systems
p. 10-14 p. 10-13 p. 12-14 p. 12-13 p. 10-12 Why Do Economists Disagree? Careers in Economics

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Textbook Resources
AP Macroeconomics
10th 9th 8th 7th 6th Stop when you reach the
Unit, Lesson: Activity Begin with:
Edition Edition Edition Edition Edition heading:
Unit 2, Lesson 1: Study: p. 36-43 p. 37-44 p. 38-45 p. 38-46 p. 34-42 The Production Present Investment and the
Production Possibilities Frontier Possibilities Curve Future Production Possibilities
Curve
Unit 2, Lesson 2: Study: p. 486-487 p. 486-488 p. 502-504 p. 486-488 p. 462-464 Absolute and Comparative Free Trade versus Protectionism
Individual Production and Trade Advantage
Unit 2, Lesson 2: Study: p. 40-46 p. 41-47 p. 42-48 p. 42-49 p. 37-44 Sources of Economic Growth Key Concepts
National Production and Trade
Unit 2, Lesson 3: Study: p. 59-67 p. 59-68 p. 59-68 p. 59-68 p. 55-63 The Law of Demand The Law of Supply
Demand
Unit 2, Lesson 3: Study: Supply p. 67-75 p. 68-78 p. 68-78 p. 68-78 p. 63-71 The Law of Supply A Market Supply and Demand
Analysis
Unit 2, Lesson 3: Study: p. 75-81 p. 78-83 p. 78-83 p. 78-83 p. 71-77 A Market Supply and Demand Key Concepts
Equilibrium Analysis
p. 100-110 p. 100-110 p. 101-110 p. 101-111 p. 94-102 Changes in Market Market Failure
Equilibrium
Unit 3, Lesson 1: Study: Circular p. 132-143 p. 132-144 p. 132-143 p. 132-143 p. 124-136 Measuring GDP Other National Income
Flow Accounts
Unit 3, Lesson 1: Study: p. 131-132 p. 131-132 p. 131-132 p. 131-132 p. 123-124 Gross Domestic Product Measuring GDP
National Income
p. 144-150 p. 144-151 p. 143-150 p. 143-151 p. 136-141 Other National Income Key Concepts
Accounts
Unit 3, Lesson 2: Study: The p. 160-168 p. 160-170 p. 160-169 p. 159-168 p. 150-157 The Business-Cycle Roller Unemployment Rate
Business Cycle Coaster Criticisms
Unit 3, Lesson 2: Study: p. 168-179 p. 171-180 p. 169-180 p. 168-179 p. 157-167 Unemployment Rate Key Concepts
Unemployment Criticisms

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Textbook Resources
AP Macroeconomics
10th 9th 8th 7th 6th Stop when you reach the
Unit, Lesson: Activity Begin with:
Edition Edition Edition Edition Edition heading:
Unit 3, Lesson 3: Study: CPI p. 186-191 p. 186-193 p. 186-193 p. 184-191 p. 173-180 Meaning and Measurement of Consequences of
Inflation Inflation
Unit 3, Lesson 3: Study: p. 191-200 p. 193-201 p. 193-202 p. 191-200 p. 180-187 Consequences of Inflation Key Concepts
Inflation and Real Variables
Unit 4, Lesson 1: Study: p. 258-261 p. 260-264 p. 259-262 p. 259-263 p. 243-247 The Aggregate Demand Curve The Aggregate Supply Curve
Aggregate Demand
Unit 4, Lesson 1: Study: p. 273-275 p. 275-278 p. 274-275 p. 274-276 p. 255-257 Nonprice-Level Determinants Cost-Push and Demand-Pull
Aggregate Supply of Aggregate Supply Inflation Revisited
Unit 4, Lesson 2: Study: p. 275-279 p. 278-282 p. 275-280 p. 276-281 p. 257-262 Cost-Push and Demand- Key Concepts
Short-Run AD/AS Equilibrium Pull Inflation Revisited
Unit 5, Lesson 1: Study: The p. 211-226 p. 213-229 p. 213-229 p. 211-231 p. 197-216 Introducing Classical Theory Key Concepts
Keynesian Model, Part I and the Keynesian Revolution
Unit 5, Lesson 1: Study: The p. 225-226 p. 228-229 p. 227-229 p. 226-231 p. 211-216 Investment as an Key Concepts
Keynesian Model, Part II Autonomous Expenditure
p. 234-249 p. 236-251 p. 235-250 p. 238-252 p. 222-235 Adding Government and Key Concepts
Global Trade to the Keynesian
Model
Unit 5, Lesson 2: Study: Keynes p. 261-273 p. 264-275 p. 262-274 p. 263-274 p. 247-255 The Aggregate Supply Curve Nonprice-Level Determinants of
in AD/AS Aggregate Supply
Unit 5, Lesson 3: Study: Fiscal p. 302-313 p. 304-315 p. 305-317 p. 301-313 p. 283-295 Discretionary Fiscal Policy Supply-Side Fiscal Policy
Policy
Unit 5, Lesson 3: Study: p. 326-328 p. 328-331 p. 331-334 p. 324-327 p. 307-310 Government Size and Growth The Tax Burden in Other
Government Spending and Countries
Taxation p. 332-336 p. 335-339 p. 338-344 p. 331-335 p. 314-318 Progressive, Regressive, and Public Choice Theory
Proportional Taxes
p. 348-364 p. 350-366 p. 355-373 p. 346-364 p. 328-343 The Federal Budget Balancing Key Concepts
Act

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Textbook Resources
AP Macroeconomics

10th 9th 8th 7th 6th Stop when you reach the
Unit, Lesson: Activity Begin with:
Edition Edition Edition Edition Edition heading:
Unit 5, Lesson 3: Study: p. 326-328 p. 328-331 p. 331-334 p. 324-327 p. 307-310 Government Size and Growth The Tax Burden in Other
Government Spending and Countries
Taxation p. 332-336 p. 335-339 p. 338-344 p. 331-335 p. 314-318 Progressive, Regressive, and Public Choice Theory
Proportional Taxes
p. 348-364 p. 350-366 p. 355-373 p. 346-364 p. 328-343 The Federal Budget Balancing Key Concepts
Act
Unit 6, Lesson 1: Study: p. 375-383 p. 377-385 p. 387-395 p. 375-382 355-361 What Makes Money? The Federal Reserve System
Money Demand
p. 420-421 p. 420-421 p. 433-434 p. 420-423 p. 397-399 • 10th and 9th edition: How The Equilibrium Interest Rate
are Interest Rates
Determined?
• Older editions: The
Keynesian View of the Role
of Money
Unit 6, Lesson 1: Study: The p. 383-392 p. 385-393 p. 395-403 p. 382-392 p. 361-369 The Federal Reserve System Key Concepts
Banking System
Unit 6, Lesson 1: Study: Money p. 398-405 p. 398-405 p. 409-416 p. 397-404 p. 375-382 Money Creation Begins How Monetary Policy Creates
Creation Money
Unit 6, Lesson 2: Study: Goals and p. 405-414 p. 405-414 p. 416-426 p. 404-414 p. 382-390 How Monetary Policy Creates Key Concepts
Tools of Monetary Policy Money
Unit 6, Lesson 2: Study: p. 421-428 p. 421-428 p. 434-442 p. 423-429 p. 399-405 The Equilibrium Interest Rate The Monetarist View of the
Effects of Monetary Policy Role of Money

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Textbook Resources
AP Macroeconomics
10th 9th 8th 7th 6th Stop when you reach the
Unit, Lesson: Activity Begin with:
Edition Edition Edition Edition Edition heading:
Unit 6, Lesson 3: Study: Monetary p. 313-318 p. 316-320 p. 317-323 p. 313-318 p. 295-300 Supply-Side Fiscal Policy Key Concepts
and Fiscal Policy
p. 428-439 p. 428-439 p. 442-453 p. 429-440 p. 405-416 The Monetarist View of the Key Concepts
Role of Money
p. 454-469 p. 454-469 p. 468-485 p. 453-470 p. 429-445 The Phillips Curve Key Concepts

Unit 7, Lesson 1: Study: Trade and p. 483-493 p. 483-494 p. 499-510 p. 483-493 p. 459-470 Why Nations Need Trade The Balance of Payments
Exchange Rates
p. 499-501 p. 498-501 p. 516-518 p. 499-501 p. 476-477 Exchange Rates Shifts in Supply and
Demand for Foreign Exchange
Unit 7, Lesson 1: Study: Balance of p. 493-499 p. 494-498 p. 510-516 p. 493-499 p. 470-475 The Balance of Payments Exchange Rates
Payments
Unit 7, Lesson 2: Study: p. 501-507 p. 501-508 p. 518-525 p. 501-508 p. 477-484 Shifts in Supply and Key Concepts
Government Policy in an Open Demand for Foreign Exchange
Economy

Unit 8 – Preparing for the AP Exam

To prepare for the AP Exam, review readings from chapters 1-19. Need extra practice on a particular subject? Review the Summary of Conclusion Statements and
complete the practice and study questions found at the end of each chapter.

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