Appendix G — AP Economics Crosswalk

This appendix maps AP Microeconomics and AP Macroeconomics topics to chapters in this textbook.

AP Microeconomics

AP Topic Textbook Chapter(s)
Basic economic concepts (scarcity, opportunity cost) Ch 1, 2
Production possibilities curve Ch 2
Comparative advantage and trade Ch 3, 9
Supply and demand Ch 5
Elasticity Ch 6
Consumer and producer surplus Ch 8
Government intervention (price controls, taxes) Ch 7
International trade and tariffs Ch 9
Externalities Ch 11
Public goods Ch 12
Costs of production Ch 17
Perfect competition Ch 18
Monopoly Ch 19
Monopolistic competition Ch 20
Oligopoly and game theory Ch 20
Factor markets (labor) Ch 21
Market failure and government Ch 11–16
Income distribution Ch 13

AP Macroeconomics

AP Topic Textbook Chapter(s)
Basic macroeconomic concepts Ch 22
Measuring economic performance (GDP) Ch 22
Inflation and price indices Ch 23
Unemployment Ch 24
National income and price determination (AS-AD) Ch 31
Financial sector (money, banking) Ch 26
Monetary policy Ch 27
Fiscal policy Ch 32
Economic growth Ch 25
International trade and finance Ch 9, 33
The Phillips curve Ch 29
The business cycle Ch 30
Loanable funds market Ch 28

AP exam preparation tips

  1. This textbook covers ALL AP Micro and AP Macro topics
  2. Chapters 1–21 cover AP Micro; Chapters 22–33 cover AP Macro (with Chapter 1–4 as shared foundation)
  3. Practice free-response questions using the exercises in each chapter
  4. Use FRED for the data-analysis questions increasingly appearing on AP exams
  5. The AP exam emphasizes graph interpretation — practice drawing and interpreting S&D, AS-AD, cost curves, and market-structure diagrams