Take the controls of the economic machine.
Why do central banks raise rates, and what happens next? Why do some countries grow rich while others stall? Macro & Markets teaches the full macroeconomics toolkit — the one taught from Blanchard's classic text — as a game. Read the dashboard, assemble IS-LM lever by lever, fight inflation along the Phillips curve, grow the economy with Solow, open it to the world, then sit in the policy chair yourself.
Every pilot reads the instruments before touching the controls. Learn the three gauges the whole world watches — output, unemployment and inflation — how each is actually measured, how they move together, and why headlines get them wrong.
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Level 1 · ▶ NEXT GDP: The Size of the Economy ★★★ ◆
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Level 2 Unemployment: Counting the Idle ★★★ ◆ 🧩 Builds on L01
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Level 3 Inflation: The Price of Everything ★★★ ◆ 🧩 Builds on L02
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👑Level 4 · BRIEFING Dashboard Briefing ★★★ ◆◆ 🧩 Builds on L03
Over months and quarters, demand runs the show. Build the goods market and meet the multiplier, see how the central bank sets the interest rate, then bolt the two markets together into IS-LM — the machine economists still reach for first when the economy lurches.
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Level 5 The Goods Market & the Multiplier ★★★ ◆◆ 🧩 Builds on L04
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Level 6 Money & the Interest Rate ★★★ ◆◆ 🧩 Builds on L05
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Level 7 IS-LM: The Machine Assembled ★★★ ◆◆◆ 🧩 Builds on L06
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Level 8 Banks, Risk & the Extended IS-LM ★★★ ◆◆◆ 🧩 Builds on L07
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👑Level 9 · BRIEFING Short-Run Briefing ★★★ ◆◆◆ 🧩 Builds on L08
Push output above its potential and something has to give: wages, then prices. Meet the labor market that anchors the natural rate of unemployment, the Phillips curve that links slack to inflation, and the IS-LM-PC model that shows how — and how painfully — the economy returns to normal.
In the long run, business cycles are ripples on a rising tide. Discover the facts of growth — why living standards multiplied tenfold in a century — then build the Solow model to see what saving can and cannot buy, and why technology is the only engine that never stalls.
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Level 14 The Facts of Growth ★★★ ◆◆ 🧩 Builds on L13
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Level 15 Saving, Capital & the Solow Model ★★★ ◆◆◆◆ 🧩 Builds on L14
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Level 16 Technological Progress & Growth ★★★ ◆◆◆ 🧩 Builds on L15
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👑Level 17 · BRIEFING Long-Run Briefing ★★★ ◆◆◆◆ 🧩 Builds on L16
No economy is an island. Open the borders and every answer changes: exchange rates join interest rates on the dashboard, imports leak from the multiplier, and monetary policy gains a powerful new channel. Learn interest parity, the open-economy IS-LM, and why fixed exchange rates can end in tears.
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Level 18 Openness & Interest Parity ★★★ ◆◆◆ 🧩 Builds on L17
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Level 19 The Open Goods Market ★★★ ◆◆◆ 🧩 Builds on L18
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Level 20 Mundell–Fleming: Policy Goes Global ★★★ ◆◆◆◆ 🧩 Builds on L19
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Level 21 Exchange Rate Regimes ★★★ ◆◆◆◆ 🧩 Builds on L20
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👑Level 22 · BRIEFING Open-Economy Briefing ★★★ ◆◆◆◆ 🧩 Builds on L21
Now you take the controls. See how expectations make policy a conversation with the future, how government debt snowballs or melts depending on r versus g, how modern central banks actually operate — targets, rules, the zero lower bound, QE — and what to do when the machine truly breaks.
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Level 23 Expectations: The Economy Looks Ahead ★★★ ◆◆◆◆ 🧩 Builds on L22
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Level 24 Fiscal Policy & the Government Debt ★★★ ◆◆◆◆ 🧩 Builds on L23
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Level 25 Monetary Policy: Rules, Targets & the ZLB ★★★ ◆◆◆◆ 🧩 Builds on L24
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Level 26 Crises: When the Machine Breaks ★★★ ◆◆◆◆◆ 🧩 Builds on L25
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👑Level 27 · BRIEFING The Chief Economist's Final ★★★ ◆◆◆◆◆ 🧩 Builds on L26
Become the Chief Economist
Clear all 27 levels and six policy briefings to leave with a working command of modern macroeconomics: how GDP, unemployment and inflation are measured; how the goods and money markets set output in the short run; how the labor market and the Phillips curve pull the economy back in the medium run; what makes nations grow over decades; how exchange rates and openness change every answer; and how fiscal and monetary policy are actually run — including when the machine breaks.
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