Sunday Macro Series · 18 sessions

The whole course, one week at a time.

Every Sunday he teaches. The notes go up the same evening — chaptered, with screenshots — and the recording lands mid-week. Take them in order; the course builds, and macro punishes skipped steps. Miss a Sunday, and you're back to asking your brother-in-law from IIM-A. The notes are open to all; sign in to press play. The long-form ISB courses live under LT → ISB Courses.

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Session 18 · Japan's Debt Puzzle: The Government That Ran a Carry Trade

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0:00 1:04:00
Macroeconomics with Prof. Tantri
Japan's Debt Puzzle: The Government That Ran a Carry Trade — opening framing. The full synced transcript unlocks with the recording.
Worked example on the board, step by step.

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18

Japan's Debt Puzzle: The Government That Ran a Carry Trade

Aug 9, 2026 notes ✓

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17

Cheap Money and the Risk You Cannot See

Jul 19, 2026 notes ✓

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16

The Cheap Rupee: A Discount, Not a Crisis

Jul 5, 2026 notes ✓

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15

Reading India's Balance of Payments Without the Panic

Jun 21, 2026 notes ✓

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14

RBI's Real Rate Mistake — and the Two Bad Choices Iran Just Handed India

Apr 26, 2026 notes ✓

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13

The Phillips Curve, Finally Derived — and Why India Has Only Bad Choices Right Now

Apr 19, 2026 notes ✓

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12

You Can't Exploit the Phillips Curve Twice

Feb 22, 2026 notes ✓

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11

Medium-Term Economics: Inflation, Labor & the Phillips Curve Foundation

Feb 15, 2026 notes ✓

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10

The Z Variable, and the Country That Just Broke a 40-Year Rule

Jan 25, 2026 notes ✓

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9

Rising Rates: Is It Supply, or Is It Demand?

Jan 18, 2026 notes ✓

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8

Exchange Rates, Inflation & Interest Rate Parity

Jan 11, 2026 notes ✓

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7

Open Economy: Domestic Demand vs. Demand for Domestic Goods

Dec 28, 2025 notes ✓

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6

Real Exchange Rates & Productivity

Dec 4, 2025 notes ✓

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5

Fiscal Policy, Crowding Out & Transmission

Nov 23, 2025 notes ✓

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4

IS-MP Framework & Modern Monetary Policy

Nov 16, 2025 notes ✓

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3

Aggregate Demand & Monetary Policy

Nov 9, 2025 notes ✓

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2

The Keynesian Cross

Oct 19, 2025 notes ✓

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1

Economy in the Long Run

Oct 2, 2025 notes ✓

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Recordings are uploaded with Wednesday's poll; notes publish the same evening as the class. Chapters come from the session pipeline — jump straight to the part you forgot.