Open-source · student-moderated · still figuring it out
Macroeconomics, refined in public.
A living archive of notes from Prof. Tantri's macro sessions. Anyone can read. Anyone can suggest. Moderators merge. The site updates itself.
Latest notes
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Medium-Term Economics: Inflation, Labor & the Phillips Curve Foundation
Session 7 — transition to medium-term macro: wage-setting, price-setting, the natural rate, and the institutional z variable.
- #phillips-curve
- #inflation
- #labor-market
- #medium-term
- #natural-rate
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Union Budget 2025-26: A Macro Reading
A standalone classroom reading of the Union Budget 2025-26 — fiscal stance, capex shift, tax changes, and the STT/SGB credibility problems.
- #budget
- #fiscal-policy
- #india
- #government-spending
- #capex
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Exchange Rates, Inflation & Interest Rate Parity
Session 6 — inflation, nominal depreciation, and interest-rate parity: three apparently contradictory facts reconciled.
- #exchange-rates
- #inflation
- #interest-rate-parity
- #irp
- #fisher
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Real Exchange Rates & Productivity
Session 5 — medium-term macro: tradables vs. non-tradables, PPP, Balassa-Samuelson, and RBI data on India's REER.
- #exchange-rates
- #productivity
- #balassa-samuelson
- #ppp
- #tradables
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Fiscal Policy, Crowding Out & Transmission
Session 4 — the GST tax-cut case, government borrowing and crowding out, a five-step transmission walkthrough, and AI/human capital.
- #fiscal-policy
- #crowding-out
- #transmission
- #gst
- #human-capital
- #india
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IS-MP Framework & Modern Monetary Policy
Session 3A — building the IS-MP framework, walking through policy applications, and India's macro constraints.
- #is-mp
- #monetary-policy
- #rbi
- #central-banking
- #india
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Aggregate Demand & Monetary Policy
Session 3 — real vs. nominal rates, liquidity preference, and the shift from IS-LM (money-supply) to IS-MP (interest-rate) monetary policy.
- #aggregate-demand
- #real-rates
- #liquidity-preference
- #is-lm
- #is-mp
- #monetary-policy
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The Keynesian Cross
Session 2 — short-run Keynesian macro: the consumption function, the 45-degree cross, the multiplier, and the paradox of thrift.
- #keynesian-cross
- #consumption-function
- #multiplier
- #paradox-of-thrift
- #short-run
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Economy in the Long Run
Session 1 — foundations of long-run growth: pre-industrial stagnation, the leisure-work trade-off, and the island economy model.
- #growth
- #long-run
- #island-economy
- #deadweight-loss
- #capital-formation
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