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OverviewThe flagship learning arc.ConceptsCore measures, terms, and mechanisms.PolicyFiscal, monetary, and transmission routes.

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Macro by Mark
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Macro
Overview
OverviewThe flagship learning arc.ConceptsCore measures, terms, and mechanisms.PolicyFiscal, monetary, and transmission routes.
Debate and context
SchoolsCompeting macro traditions.CompareLine up schools and assumptions.HistoryHow the field evolved.
Work with it
ModelsEmpirical, structural, and theoretical routes.GlossaryFast definitions while you learn.
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All libraryThe full tracked working set.GrowthOpen this indicator lane.Prices & InflationOpen this indicator lane.Labor MarketOpen this indicator lane.Monetary & Financial ConditionsOpen this indicator lane.Nowcasting & Leading IndicatorsOpen this indicator lane.
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Glossary

A working glossary for macroeconomics, data releases, and platform language

Macro terms, data terms, and platform terms in one place

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Macro by Mark

U.S. macro data with release timing, boards, and macro context.

MarkJayson.com

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Search matches term names, aliases, categories, and definitions.

Platform-specific workflow terms are marked separately from standard macro vocabulary.

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Macro foundations

Macro foundations

3 terms

Aggregate demand

The total demand for goods and services in the economy at a given overall price level.

Also seen as AD
AD

Output gap

The difference between actual output and an estimate of potential output.

No alternate label listed.

Potential output

The level of output the economy can sustain without persistent inflation pressure.

No alternate label listed.

Prices and inflation

Prices and inflation

2 terms

Demand-pull inflation

Inflation pressure that emerges when demand runs ahead of the economy's ability to supply goods and services.

No alternate label listed.

Phillips curve

A framework linking inflation pressure to slack, labor-market tightness, or the output gap.

No alternate label listed.

Policy and finance

Policy and finance

1 terms

Taylor rule

A simple policy rule that links the interest-rate response to inflation and the output gap.

No alternate label listed.