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AP Macroeconomics
Course Syllabus
Teachers: Juan Hernandez Serrano, Daniel Torres Base Room: H102, F22
Email: juan.hernandez@cng.edu.co,daniel.torres@cng.edu.co
Exam Date: May 2024
Class webpage: https://sites.google.com/view/apmacrocng/home
Teacher expectations:
The most important: self consciousness. You are the only person who knows if you have been up to the expectation of this class. If you feel like you have made it, stay, but if you haven´t, don't be here.
Come prepared for class. This means read before class, have an understanding of what will be discussed in class. Study the graphs, understand what goes on each axis, what is the relationship between them. If you come to class unprepared, you will not understand the topic. We guarantee it.
We will review a new topic every class and a half. This means we will go very fast. We are letting you know this from day one. To make up for going so fast, you need to maximize your working time in class and do work outside of class.
We can make mistakes in math and spelling. This doesn´t mean we don´t know what we are talking about. I am a guide for learning, not responsible for your entire learning process.
Graphs are a very important part of this class. We expect you to make clear, neat graphs. This is a skill that you should haver mastered as a Freshmen. We expect your to follow all our guidelines regarding graphs.
Turn in your work on time. During the stipulated time. If you turn in it on time, I can provide you feedback. If you turn it in late (and this means during the extra five days) we will most likely return it a month after submission. This is not a good idea, especially towards the end of the semester.
Follow instructions, don´t do mediocre work. Neatness an important part of this class. If we can´t understand your work, we will not grade it. This goes for writting and especially graphs. We will lay out the requirements of graphs, be sure and understand my expectations
Materials Needed: Students need the following materials for this class:
A notebook
Graphing paper (Not required but sometimes helpful)
Pens and pencils
Laptop
Calculator
Headphones/Earbuds
4 or 5 expo/dry erase markers
Classroom rules:
Be responsible and come to class prepared and on time – 3 tardies – goes to admin
Respect and kindness for each other in discussions, study sessions, and all aspects of class are non-negotiable.
During lessons, full participation and presence is expected from all. If the class is taken from Zoom, you are expected to turn your camera on at all times.
Cell phones must be put away throughout the duration fo the class.
Be open, raise questions, give and receive constructive feedback, and stay positive.
Air pods/earbuds only allowed during specific independent work opportunities.
No eating in class.
Failure to comply with this rules will be reflect in the students Life Skills and Code of Conduct Log.
AP Macroeconomics
Section Join Code
CNG Period 2 XZYE42
CNG Period 3 6PXKWK
Year Topic Layout and schedule
Units of Study
Part One: Economic Indicators and the AS AD Model (August and September)
Part Two: Financial Markets and Money (October, November)
Part Three: Stabilization Policies (February, March)
Part Four: Open Economy and Exchange Rate (March, April)
Note: Sections 1 and 2 will be covered towards the end of the year, when we begin the general review.
AP Macroeconomics
Course Syllabus
Instructor: Juan Hernandez Room: H102
Email: juan.hernandez@cng.edu.co
Course Mission: The objective of this course is to prepare Seniors for the AP MAcroeconomics exam, that takes places during the first week of May 2023. It´s important to understand this mission as it is the basis on how this course will be taught and graded.
Course Overview: Economics presents new learning with a specific set of terms and concepts to be addressed. Developing “an economic way of thinking” is vital to understanding Economics coursework. This course will give you a thorough understanding of the principles of microeconomics, taking a look at individuals in the economy. The focus will be consumer choice, firm choice, market structures, factor markets, and the role of the government. The AP Economics Course Description states: “The purpose of the AP course in microeconomics is to give students a thorough understanding of the principles of economics that apply to the functions of individual decision makers, both consumers and producers, within the economic system. It places primary emphasis on the nature and functions of product markets and includes the study of factor markets and of the role of government in promoting greater efficiency and equity in the economy.”
*This class will be a flipped classroom*
What does this mean?: All readings will be done as homework. This requires a bit more responsibility put on you (the student) for material coverage.
Why do this?: The reason this is beneficial is it allows us to maximize our class time to clear up portions of the material that are confusing students as well as use class time for enhancing learning through other activities.
Grading:
The grades are broken into two categories formative assessment and summative assessment. Formative assessments are 0% weighted category in gradebook. This means that summative assessments are weighted at 100% of the grade.
Formative assessments: You will be graded formatively based on the work that you present to your teacher for every class. Please check out the class calendar to know which assignment from the problem bank or guides you must present for that class. Watch out, if the assignment has been stipulated for a specific date, it means it should be complete by that day. Failure to present complete and feedback worthy work will result in a mail sent to parents. Please check the portfolio of every unit for a full description and deadline of all formative work for every unit. You are also expected to present class notes for every unit. For some readings, you will be asked to present Cornell Notes. For all readings you must present your own set of notes.
Class Calendar: https://docs.google.com/document/d/1IN09m6KmUVdeTcE1_B1ElTWX-p6aSPPPMBmjtvfn7W4/edit
The goal of formative assessments is to give constructive feedback without hindering your final semester grade. The goal is to show mastery through your summative assessments.
NOTE: All your work must be presented in your notebook. It is imperative that all work be done in paper and pencil, since you are preparing for a paper and pencil test. You must work with the same notebook all year. Your work will not be checked anywhere else. You are required to present ALL your work, with all the standards asked for in your problem bank. You will not be able to receive feedback from your teacher if your work isn´t of quality.
Summative assessments:
This course is comprised of a total of 6 units. You will present six AP Tests (20 to 25 multiple choice and 2 or 3 FRQ) throughout the year, two semester exams and two projects. Each is worth one summative grade.
Summative retakes: You will be allowed to present one retake each semester so long as the following criteria are met:
You must have completed all formative assessments related to the summative assessment.
Must have achieved a score of 2.0 or higher on each formative.
You can retake a formative during Opportunity Time, as long as you meet all the requirements.
You must have given a good faith effort on all work previous.
You must complete the retake within five days of the class getting feedback.
You must complete the resubmission form.
You must come in for one tutoring session prior to scheduling the retake (if teacher decides so).
You must schedule the retake at least 24 hours in advance.
AP/Honors Academy Philosophy and Eligibility Protocol
CNG believes that students who challenge themselves in rigorous coursework learn more! As we are in the business of learning, CNG fully supports students who decide to take on these challenges, and all AP/Honors students can be confident that their teachers will meet them where they are and take them as far as they can get in two semesters’ time. Based on this CNG philosophy, the most important prerequisite for AP/Honors coursework at CNG is student motivation. In order for all students to be successful, it is imperative that students enrolled in AP/Honors Courses are fully engaged in the accelerated-paced instruction of these classes.
Specifically, students in these courses must:
Complete all homework, formatives, and summatives on time
Actively participate in class
Attend classes on time
Communicate in the target language
CNG will embrace the following process timeline to ensure that students who are not challenging themselves are directed to classes better designed to support their needs.
3 weeks:
After the first three weeks of instruction, families of students who are not consistently participating, completing all activities, and/or attending classes on time will receive an email from the teacher (copying counselor and administration) recommending revision of student engagement or withdrawal from course.
6 weeks:
After six weeks of instruction, families of any students who are not consistently participating, completing all activities, and attending classes on time will be contacted by an administrator and the student will be recommended for course withdrawal.
Semester:
At the close of the semester, students who do not have a score of 2.0 or higher (unweighted) and/or students who have not participated, completed activities, and/or attended classes will be contacted by the administrator and removed from the course.
Additionally, students will be removed from these courses if they:
Engage in academic dishonesty
Fail to complete summative assignments
For a further understanding of the grading system inside CNG, please check out the following link:
https://docs.google.com/document/d/1_Ac9fAA704rETsVe496wB5PXhuH_pT7grwjRXFlsDnQ/edit
Texts:
Ray, Margaret, and David Anderson. Krugman's Macroeconomics for AP. New York: Worth Publishers/BFW, 2011.
Please check following link for rubrics and expectations of AP Microeconomics
https://docs.google.com/document/d/1_J2gxXzYj7J2uz8CK4lHqGnw-_8UwNm0loxq0hwAyQc/edit
8-12% of AP Macro
Math Economics needed for this course Section 1
Workshop 1: Graphs, Dependent Variable - Independent variables
Module 2: Variation, Percentages, Fractions and Decimals, Exogenous vs endogenous factors, powers.
Section 2
Workshop 2: Introduction to Macroeconomics.
12-16% of AP (August and September of 2021)
Measurement of Economic Performance
Section 3
Module 10: The Circular Flow and GDP
Module 11: Interpreting RGDP
Module 12: The Meaning and Calculation of Unemployment
Module 13: The Causes and Categories of Unemployment
Module 14: Inflation: An Overview
Module 15: The Measurement and Calculation of Inflation
10-15% of AP
National Income and Price Determination
Section 4
Module 16: Income and Expenditures
Module 17: AD: Introduction and Determinants
Module 18: AS: Introduction and Determinants
Module 19: Equilibrium in the AD/AS Model
Module 20: Economic Policy and the AD/AS Model
Module 21: Fiscal Policy and the Multiplier
15-20% of AP
Financial Sector
Section 5
Module 22: Saving, Investment and the Financial System
Module 23: The Definition and Measurement of Money
Module 24: The Time Value of Money
Module 25: Banking and Money Creation
Module 26: The Fed. History and Structure
Module 27: The Fed. Monetary Policy
Module 28: The Money Market
Module 29: The Market for Loanable Funds
20-30% of AP
Inflation, Unemployment and Stabilization Policies
Section 6
Module 30: Long Run Implications of Fiscal Policy: Deficits and the 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, Disinflation and Deflation
Module 34: Inflation and Unemployment: The Phillips Curve
Module 35: History and Alternative Views of Macroeconomics
Module 36: The Modern Macroeconomic Consensus
5-10% of AP
Economic Growth and Productivity
Section 7
Module 37: Long Run Economic Growth
Module 38: Productivity and Growth
Module 39: Growth Policy: Why Economic Growth Rates Differ
Module 40: Economic Growth in Macroeconomic Models
10-15% of AP
Open Economy: International Trade and Finance
Section 8
Module 41: Capital Flows and the Balance of Payments
Module 42: The Foreign Exchange Market
Module 43: Exchange Rate Policy
Module 44: Exchange Rates and Macroeconomic Policy
Module 45: Putting it All Together
Note: January and May are intended for review. By late April, the curriculum should have been fully covered in order to begin year review.
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