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OverviewConceptsSchoolsModelsPolicyWorld and HistoryLab

Macro map

Learn MacroEconomics

A guided map for concepts, schools, models, policy, history, and lab work. Each route states the mechanism, evidence, and limits.

Browse concepts

Concepts

Mechanisms

Schools

Traditions

Models

Tools

Choose a lane

Concepts

Output, prices, labor, money, trade, policy, and the mechanisms that connect them.

Schools

Traditions compared through claims, evidence, critiques, and model implications.

Models

Theory-based, empirical, DSGE, and agent-based families. Pick by the question you need answered.

Policy

Tools, channels, lags, constraints, historical cases, data, and failure modes for policy analysis.

World and History

Country atlas and macro history across eras, crises, and policy turns from pre-Keynes to the post-2008 rethink.

Lab

Capability-labeled Macro Lab routes. Empirical Forecasting and Forecast Combination run in beta; DSGE and agent-based runtimes are explicitly gated.

The system view

From individual choices to aggregate outcomes.

Households, firms, government, financial markets, and global flows pass shocks through the economy at different speeds.

1Households
2Firms
3Government
4Financial markets

Fundamentals

Core mechanisms.

AD-AS Model

Explains how aggregate demand and supply determine price level and output

Phillips Curve

Inverse relationship between inflation and unemployment in the short run

Solow Growth Model

Long-run economic growth driven by capital accumulation and technology

IS-LM Model

Interest rate and output equilibrium in goods and money markets

Taylor Rule

Central bank interest rate response to inflation and output gaps

Schools and history

See why economists disagree.

Keynesian

Emphasizes demand shortfalls, sticky adjustment, and public stabilization when private spending collapses.

Monetarist

Treats monetary stability and expectations as central to inflation control and long-run nominal discipline.

New Classical

Builds from optimizing agents, rational expectations, and market-clearing benchmarks to test policy limits.

New Keynesian

Keeps expectations and optimization, then adds nominal rigidities that give policy a stabilization role.

Austrian

Focuses on credit cycles, relative prices, and how policy can distort intertemporal investment signals.

Post-Keynesian

Centers uncertainty, demand, financial structure, and endogenous money in non-ergodic economies.

Follow the timeline

Macro Lab

Test the story with data.

Reading, references, guided setup, and configured empirical runs sit on separate routes.

Forecast

Beta

Beta empirical forecasting with imported series, diagnostics, holdout scoring, and explicit method limits.

DSGE

Runtime gated

Reference equations and examples today; structural estimation, IRFs, decompositions, and policy counterfactuals arrive with the gated DSGE runtime.

Agent-Based

Runtime gated

Agent rules and propagation logic today; heterogeneous-agent simulation, paired-seed experiments, and stress tests arrive with the gated runtime.

Combination Forecasting

Beta

Beta ensemble forecasting over compatible source forecasts. Regression-based estimators are weighting methods, not a general regression-analysis lane.

OverviewConceptsSchoolsModelsPolicyWorld and HistoryLab

Learn
Macroeconomics

A macro learning hub for concepts, history, schools, policy, models, data, and applied work.

Simulators

Concepts

Output, prices, labor, money, trade, policy, and the mechanisms that connect them.

Schools

Traditions compared through claims, evidence, critiques, and model implications.

Models

Theory-based, empirical, DSGE, and agent-based families. Pick by the question you need answered.

Policy

Tools, channels, lags, constraints, historical cases, data, and failure modes for policy analysis.

World and History

Country atlas and macro history across eras, crises, and policy turns from pre-Keynes to the post-2008 rethink.

Lab

Capability-labeled Macro Lab routes. Empirical Forecasting and Forecast Combination run in beta; DSGE and agent-based runtimes are explicitly gated.

Macroeconomics

The study of aggregate outcomes such as output, unemployment, inflation, interest rates, trade, and financial conditions across national and global economies.

From your individual decisions
to the whole country

In Microeconomics, we track individual economic players' decisions: pricing goods, producing output, gauging demand, hiring labor.

YouConsumer
FirmProducer
MICROMACROaggregate
HouseholdsAll consumers
SectorsAll producers

Zooming out

we see how each economic player becomes a vital organ in an economic system

How the system connects

The Economic Circuit

Aggregate outcomes are produced by institutions, not abstractions. The diagram opens with Households highlighted to anchor the view — its five core flows are visible at full strength while the rest of the circuit stays muted. Hover or click any other node to switch focus. Press Esc or click the empty canvas to clear.

Transaction
Support
Cost channel
Stress channel
Fast Medium Slow

Households

Transaction

Households are where the macro cycle becomes visible in spending, saving, labor participation, and borrowing behavior.

Signals to watch

WagesConsumptionCredit

Transmission speed

Credit and confidence channels reprice in days. Wage and labor-supply responses unfold over months.

Channels

OutLabor supplyInWagesOutTaxesInTransfersOutSavings

Zooming out more

Clustering these players further becomes Aggregate Demand and Supply

Aggregate Demand & Supply

Price LevelReal GDPADSRAS

Wages and prices are sticky. AD and SRAS jointly set output and prices.

EquilibriumShort Run

AD and SRAS intersect at equilibrium. Output is at potential and prices are stable.

Output (SR)

Stable

Prices (SR)

Stable

Read conceptExplore model
Patient: U.S. Economy

Vital Signs Monitor

Snapshot
FRED / BLS / BEA
Chart notes
StatusActive circulation
SourceAD-AS equilibrium
WatchTrend divergence
Reading

Output, prices, and employment are the three vitals that tell you whether the macro circuit is expanding, overheating, or stalling.

What is GDP?Understanding inflationTrack indicators
Macro telemetry3 channels
OUTPUTReal GDP
---
PRICESHeadline CPI
---
UNEMPLOYMENTU-3 Rate
---
Leadingpredict turns
Yield Curve---
Sentiment---
Coincidentconfirm the present
Fed Funds---
Core PCE---
Retail Sales---

These vitals don't sit still.
They cycle.

The Business Cycle

Vitals don't hold steady. They oscillate. That oscillation is the business cycle. Hover any phase to learn more.

EXPANSIONPEAKCONTRACTIONTROUGHRECOVERYPEAKPeakTroughdouble dipPeakTrend
GDP Output
Long-run Trend
Peak
Trough
Recession
Read about business cyclesTrack the indicators

Business cycles are irregular and hard to forecast. Macro schools disagree because each one names a different force behind fluctuations in output, employment, prices, and credit.

Many doctors, one patient

Macroeconomics has competing schools of thought. Select a policy to see where traditions tend to be supportive, skeptical, or conditional.

Reading note: these orbs are orientation only, not verdicts. Each tradition spans decades of debate and many sub-positions; treat the colors as starting points for further reading, not as binary agreement scores.

Policy targeting

Select a school or policy to see the debate.

Compare all schoolsRead the concepts

Macroeconomic schools didn't
emerge overnight

Each crisis changed what economists argued about, what policymakers tried, and which models looked incomplete.

Pre

Pre-Keynesian Era

Classical economists trusted markets to self-correct over the long run. Say's Law shaped the orthodoxy: supply creates its own demand. Government's role was confined to the gold standard, banking law, and basic public goods rather than active demand management.

Read more
Read the full historySee the schools

Have your own theory?

Build it from the ground up

Concepts, models, policies, and the vocabulary to connect them all.

Master the Fundamentals

Concepts, models, policy frameworks, and the language that ties them together.

Theoretical

Core macro models

Move through assumptions, graph behavior, proofs, and model boundaries.

AD-AS ModelPhillips CurveSolow Growth ModelIS-LM ModelTaylor RuleMundell-Fleming
Empirical labs

Forecast with data

Run beta empirical forecasts and combine compatible source forecasts into evaluated ensembles.

Empirical ForecastingBetaForecast CombinationBeta
Structural labs

Runtime-gated engines

DSGE and agent-based labs show the planned workflows, but their execution engines remain gated.

DSGE LabRuntime gatedAgent-Based LabRuntime gated
Learning map

The rest of the system

Concepts, schools, policy, world context, and history stay connected.

ConceptsSchoolsPolicyWorld and History

Ready to test it?

Run it in the Lab

Empirical Forecasting and Forecast Combination run in beta. DSGE and Agent-Based labs stay gated until their runtimes are ready.

Computational Economics

Macro Lab

A computational macro workbench with capability labels. Empirical Forecasting and Forecast Combination run in beta. Forecast Combination is ensemble forecasting over compatible source forecasts; regression-based estimators are weighting methods, not a general regression-analysis lane. DSGE and Agent-Based labs stay gated until their runtimes are ready.

Open the LabForecast Combination
Forecast
BetaBeta empirical forecasting with imported series, diagnostics, holdout scoring, and explicit method limits.
DSGE
Runtime gatedReference equations and examples today; structural estimation, IRFs, decompositions, and policy counterfactuals arrive with the gated DSGE runtime.
Agent-Based
Runtime gatedAgent rules and propagation logic today; heterogeneous-agent simulation, paired-seed experiments, and stress tests arrive with the gated runtime.
Combination Forecasting
BetaBeta ensemble forecasting over compatible source forecasts. Regression-based estimators are weighting methods, not a general regression-analysis lane.
Macro by Mark

Global economic data, empirical models, and macro theory
All in one workspace

Public data from government agencies and multilateral statistical releases, anchored in official sources.

© 2026 Mark Jayson Martinez Farol

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