The Map of Economics

From personal choices to markets, institutions and the whole economy

concept explainers coming

This map lays out economics as a clickable knowledge tree: 12 branches and 66 themes, with a plain-English explainer page for every core concept — definition, intuition, a worked example, and the misconceptions worth unlearning. Click any node, or start from the branch list below.

Economics12 BRANCHESMicroMicro & BehaviorMicro & BehaviorConsumer ChoiceHow people decide what to consume under budget constraintsProduction & CostHow inputs turn into output, and what that costsMarkets & CompetitionHow prices coordinate buyers and sellersGames & StrategyDecisions where the best move depends on othersInformation & ContractsWhat happens when one side knows moreMarket FailureSpillovers, public goods and other limits of marketsWelfare & MechanismsDesigning rules so self-interest serves social goalsBehavioral EconomicsWhat real, bounded, biased humans actually doMacroMacro & MoneyMacro & MoneyNational AccountsMeasuring GDP and linking production to incomeDemand & SpendingWhere aggregate demand comes from and why it swingsGrowth & ProductivityWhat makes economies produce more per person over timeEmployment & InflationJobs, wages and the general price levelMonetary PolicyHow central banks steer interest rates and creditFiscal Policy & StabilityGovernment spending, taxes and stabilizationMoney & BankingWhat money is, and how banks create itCycles & Macro FinanceBooms, busts and the financial system in betweenMethodsEconometrics & MethodsEconometrics & MethodsData & MeasurementTurning concepts into observable indicatorsStatistical InferenceQuantifying uncertainty in estimatesRegression & PanelConditional relationships and cross-unit comparisonsCausal IdentificationSeparating treatment effects from selectionStructural EstimationFitting behavioral models to counterfactual questionsFinanceFinancial EconomicsFinancial EconomicsAsset PricingLinking risk and return across assetsPortfolio & InvestmentAllocating wealth across risky assetsCorporate FinanceHow firms fund projects and govern capitalFinancial IntermediationBanks and funds that connect savers and borrowersDerivatives & InsuranceContracting risk itselfMarkets & TradingHow information enters pricesHousehold Finance & StabilityMortgages, savings and systemic riskIntlInternational EconomicsInternational EconomicsTrade FoundationsGains from trade and the division of laborTrade PolicyTariffs, quotas and market accessExchange RatesCurrency prices and cross-border purchasing powerCross-Border CapitalInternational investment and adjustment riskGlobal Value ChainsHow production spans bordersPublicPublic & Political EconomyPublic & Political EconomyTaxationWho bears the burden and how behavior respondsPublic ExpenditureEvaluating public services and investmentRedistribution & InsuranceTransfers and social risk sharingCollective DecisionVoting, organizations and political incentivesLaw & EconomicsHow legal rules shape incentivesHealth EconomicsMedical care, insurance and health gapsLaborLabor & PopulationLabor & PopulationLabor SupplyChoosing work, hours and family arrangementsMatching & WagesWho gets which job, at what paySkills & EducationHuman capital and the return to schoolingPopulation & FamilyFertility, aging and generational linksFirmIndustry & the FirmIndustry & the FirmMarket StructureConcentration, entry barriers and incumbentsPrice & Product CompetitionHow firms differentiate to win customersCompetition Policy & RegulationAntitrust, mergers and rules of the gameFirm BoundariesMake, buy or integratePlatforms & Digital MarketsNetwork effects, data and governanceDevDevelopment & InnovationDevelopment & InnovationGrowth TheoryExplaining capital, knowledge and productivity growthDevelopment & PovertyLiving standards, capabilities and opportunityInnovation EconomicsWhere new ideas come from and how they payTechnology DiffusionHow new tech spreads and reshapes structureStructural TransformationShifts across sectors, cities and industriesCitiesCities & SpaceCities & SpaceLocation & AgglomerationWhy people and firms pick where to settleHousing & LandConstruction, tenure and land-use rulesTransport & CommutingTravel costs, networks and congestionSpatial LinksTrade across regions, networks and spilloversEnvEnvironment, Resources & AgricultureEnvironment, Resources & AgricultureEnvironment & MarketsPricing pollution and other spilloversClimate EconomicsClimate risk, mitigation and adaptationNatural ResourcesStocks, renewal and depletion choicesAgriculture & RuralLand, farmers, technology and marketsHistoryThought, Institutions & HistoryThought, Institutions & HistoryClassical EconomicsDivision of labor, exchange and accumulationKeynes & Macro ThoughtDemand, money and macro stabilization ideasMarxist EconomicsLabor, capital and production relationsInstitutions & OrganizationsProperty rights, contracts and institutional changeEconomic HistoryLong-run change measured with evidence
Click any node to open its branch or theme

The 12 branches

Micro & BehaviorFrom personal choices to market order8 themesMacro & MoneyHouseholds, firms, government and finance in one economy8 themesEconometrics & MethodsTurning curiosity into observable numbers5 themesFinancial EconomicsHow funds are allocated and risk is priced7 themesInternational EconomicsTrade, exchange rates and global value chains5 themesPublic & Political EconomyTaxes, spending, votes and rules6 themesLabor & PopulationWages, jobs, skills and generations4 themesIndustry & the FirmFirms, competition and platforms5 themesDevelopment & InnovationLong-run growth and the sources of prosperity5 themesCities & SpaceWhy activity clusters where it does4 themesEnvironment, Resources & AgricultureClimate, energy, land and food4 themesThought, Institutions & HistoryHow economic thinking evolved5 themes