National income, inflation, and monetary policy
Know the structure before you walk in.
60 questions, 70 minutes, 66% of score.
Covers national income, inflation, and monetary policy.
3 questions (1 long, 2 short), 60 minutes, 33% of score.
Tests graphing, analysis, and policy evaluation.
No calculator allowed.
Total exam time: 2 hours 10 minutes.
Approximately 18% of students score a 5.
Scores of 3+ typically earn college credit.
Click any unit to access study guides, practice tests, flashcards, videos, and more.
Unit 1Scarcity, opportunity cost, production possibilities curve, and comparative advantage
Unit 2GDP, inflation, unemployment, and business cycles
Unit 3Aggregate demand, aggregate supply, and fiscal policy
Unit 4Money, banking, monetary policy, loanable funds, and central banks
Unit 5Phillips curve, economic growth, deficits, debt, and crowding out
Unit 6Balance of payments, exchange rates, and trade barriers
Additional materials from the Ultimate Review Packet.
Additional materials from the Ultimate Review Packet.
Premium PDFs from the Ultimate Review Packet — study guides, practice sheets, FRQs, and cheat sheets. Free to download.
Premium PDFs from the Ultimate Review Packet — study guides, practice sheets, FRQs, and cheat sheets. Free to download.
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