Macro track
Dynamic growth models, business-cycle dynamics, and open-economy adjustment.
The macro catalogue now has a clearer staircase. It begins with the Solow and Ramsey foundations, then expands into advanced upper-undergraduate models on business cycles, overlapping generations, endogenous growth, and intertemporal open-economy dynamics.
Foundations
Start with steady states, convergence, and optimal saving.
Exogenous growth foundations
Solow-Swan Growth Model
Use the sliders to compare current outcomes with the golden rule, inspect the Solow diagram, and see how capital accumulation converges over time.
Optimal growth with endogenous saving
Ramsey-Cass-Koopmans Model
Trace the saddle path through the (k, c) phase plane instantly, fire permanent-shock experiments, then open the notebook for the discrete-time shooting derivation.
Intermediate macroeconomics
IS-LM and the AD-AS Model
See how aggregate demand is derived from IS-LM, then apply demand and supply shocks and watch the short-run equilibrium animate back to potential output.
Intermediate macroeconomics
The Expectations-Augmented Phillips Curve
Set the unemployment rate the central bank tries to hold and watch what happens to inflation: stable at the natural rate, accelerating below it, disinflating above it.
Advanced macroeconomics
Then move into fluctuations, generations, persistent growth, and external borrowing.
Deterministic business-cycle dynamics
Basic Real Business Cycle Model
Change preferences, technology, depreciation, and shock size to see how a one-period TFP disturbance propagates through a closed economy with endogenous saving.
Persistent business-cycle dynamics
Stochastic RBC Model with AR(1) Shocks
Vary shock persistence, innovation volatility, and core preference parameters to see how a stochastic TFP process generates realised paths and sample moments for output, consumption, and investment.
Sticky-price business-cycle dynamics
Basic New Keynesian DSGE Model
Adjust Phillips-curve slope, intertemporal demand sensitivity, policy-rule coefficients, and shock persistence to see how inflation, the output gap, and interest rates respond.
Advanced macroeconomics
Diamond Overlapping-Generations Model
Study the steady state, compare it with the golden-rule benchmark, and see when an economy may overaccumulate capital and become dynamically inefficient.
Advanced macroeconomics
AK Endogenous Growth Model
Change technology, saving, and policy wedges to see how the growth rate of capital, output, and consumption can remain permanently elevated.
Advanced macroeconomics
Small Open Economy Model
Explore how productivity shifts, world interest rates, and impatience shape consumption, external borrowing, and the current account over time.
Also browse
Move across the broader economics catalogue.
Price theory to strategic interaction
Microeconomics
From partial-equilibrium price theory into consumer choice, firm behaviour, and game theory.
Regression, identification, and simulated evidence
Econometrics
Regression and causal identification through deterministic simulations, native diagrams, and full notebooks.