Daily practice, quizzes, definitions, and the concept library, the study side of the site.
Today's scenario
Before you watch it: which curve moves, and which way? Predict first, then let Mundell-Fleming animate the answer.
Exam mode
Pick your models, set the clock, and get a score report with your weak spots at the end. The closest thing to the real exam.
Compare view
Watch the same event through two different lenses, side by side. Solow vs endogenous growth will change how you think.
Drag the curves to where you think the new equilibrium lands, graded on which curve, which direction, how far. Free plan includes 10 questions a day; Pro makes it unlimited.
59 terms in plain English. Search here, or browse the full glossary →
adverse selection
Bad types crowding out good ones when quality is hidden before a deal, the lemons problem.
aggregate demand
Total planned spending on an economy's output at each price level, consumption, investment, government, and net exports.
arbitrage
Riskless profit from price differences, whose pursuit eliminates those very differences.
beta
An asset's sensitivity to market-wide swings, the only risk that earns a premium in the CAPM.
capital mobility
How freely financial capital crosses borders chasing returns.
comparative advantage
Being able to produce something at a lower opportunity cost than others, the true basis for trade.
93 written explainers, definition, key equation, intuition, and an exam tip each.
Micro Foundations
Advanced Micro
Macro Foundations
Advanced Macro & Growth
Labor Economics
Trade & Open Economy
Money & Finance
Econometrics
Behavioral Economics