Economics revision for university, with graphs you can move
Plan your week around your timetable, review the models with spaced repetition, and drag the IS-LM curves until crowding out makes sense. Built by an economics student at Newcastle University, for degree-level economics rather than A-level.
Graph tools free · Anki import and export free · no AI needed
IS
LM
Output Y*
2,300
Interest rate r*
3.00%
Investment
225
Simple multiplier
4.00
TRY IT · NO SIGN-IN
Seven models from the first two years, live
Drag a curve or move a slider and the equilibrium, the surpluses, the multipliers and the Nash equilibria update as you go. Then try a question: predict which way the numbers move, move the graph, and Termspring marks it by the rules of the model, without AI.
Every university builds its own programme, but most UK economics degrees follow the same arc: two years of core theory and quantitative methods, then a final year of options and independent work. Here is what each year usually involves, and where students tend to find it hard.
YEAR 1
Principles of microeconomics
Principles of macroeconomics
Mathematics for economists: differentiation, optimisation, a first look at matrices
Statistics for economists: probability, distributions, hypothesis tests
Often an economic history or applied economics module
Assessed by Weekly problem sets and seminar sheets, multiple-choice class tests, and exams, usually in January and May. First-year marks usually need a pass to progress rather than counting towards the classification.
Where it gets hard Moving from describing a diagram to deriving it. A-level answers explain a shift in words; first-year exams want the algebra behind the picture, and the maths module arrives at the same time.
YEAR 2
Intermediate microeconomics: the Lagrangian, Slutsky, producer theory, an introduction to game theory and general equilibrium
Intermediate macroeconomics: IS-LM, AD-AS, the open economy, Solow growth, the Phillips curve
Econometrics: ordinary least squares, inference, the Gauss-Markov assumptions, usually in Stata or R
Assessed by Closed-book exams that mix derivations, diagrams and short essays, with econometrics often assessed partly through a project on real data.
Where it gets hard This year usually counts towards your degree, and it is where the maths gets heavier. Constrained optimisation in micro and the assumptions behind OLS are the steepest climbs for most people.
YEAR 3
Options such as game theory, development, behavioural, labour, industrial organisation, monetary economics and time series
A dissertation or extended project in many programmes
Some students take a placement year between the second and final years
Assessed by Fewer, heavier exams, plus the dissertation. Options often assess a research-style essay or a critical review of papers alongside the exam.
Where it gets hard Reading research papers and building your own argument, while exams assume you still have every tool from the first two years.
TOOLS FOR ECONOMICS
Built for the way economics is examined
FREE
Model explorer
Shift LM right and watch r fall and Y rise.
Supply and demand with taxes, subsidies and price controls; budget lines and Cobb-Douglas indifference curves; isoquants and cost curves; IS-LM; AD-AS; Solow; and two-by-two games, from the prisoner’s dilemma to the stag hunt, with both players’ best responses drawn. Every number on the screen is solved from the model as you move it.
FREE
Graph cards
“Government spending rises by 50. What happens to r and Y?”
You answer by predicting, then dragging the curve. Termspring checks which curve you moved, which way, and where the equilibrium went, then schedules the card with the rest of your reviews.
FREE
Graphs in your notes
Put a live IS-LM diagram into Tuesday’s lecture notes.
A graph block sits in a page like any other block. Set it to the state your lecturer drew, and it stays movable when you revise from it.
FREE
Graph practice sheets
Twenty-three diagram questions across seven models, marked as you go.
Graph questions join your seminar and practice sheets, with the result kept against the module so you can see which diagrams are holding.
FREE
Seminar prep, planned
Problem sheet 4 is due before Wednesday’s seminar.
Your seminar sheet is due the evening before, and Today makes room for it around your lectures, shifts and everything else in the week.
PLUS
The marking method
Write your plan line, say whether you are sure, then mark line by line.
Practice that marks your working step by step, keeps your recurring slips as error codes, and brings back twins of the questions you got wrong.
ANKI
Bring your economics Anki deck
Import the deck you already use, review history and all, and Termspring carries on scheduling it with FSRS. Export any deck back to Anki whenever you like. Both directions are free, and they stay free.
Graph cards travel to Anki as their question and worked answer, since Anki can’t show a diagram you move.
A WEEK
How a second-year week can look
An example week as Today would plan it. Yours comes from your own timetable, with your modules, shifts and deadlines.
MON · 17:30REVIEWTen minutes of cards, including two graph cards from the morning
TUE · 19:00PREPSeminar prep: problem sheet 4, due before tomorrow’s seminar
WED · 11:00SEMINARMacroeconomics seminar
THU · 14:00LECTUREEconometrics lecture: the OLS assumptions
THU · 16:00FOCUSFocus block: econometrics problem set, question 2
FRI · 12:00DEADLINEMicroeconomics problem set due
An example, not anyone’s real timetable.
HONEST LIMITS
What Termspring doesn’t do for economics
It isn’t a past-paper bank. Your department’s past papers stay where your department keeps them; Termspring helps you plan around them and keep what you got wrong.
It won’t do your problem sets or any assessed work. Hints come one rung at a time, and it marks your own working.
The graph models are teaching models with round numbers, not your lecturer’s exact specification. Where your course uses a different functional form, follow your course.
It doesn’t run Stata or R for you. It reads the regression output you paste in and turns each coefficient into cards, without AI; the regressions stay yours.
It isn’t for GCSE or A-level economics. It is built for students aged 18 and over at university.
YOUR TIMETABLE
Works with timetables from
Newcastle University
Durham University
Northumbria University
University of Leeds
University of Warwick
King's College London
University of York
University of Exeter
University of Bristol
The University of Manchester
The University of Edinburgh
University of Glasgow
Cardiff University
Queen's University Belfast
Newcastle University’s timetable is set up in full, term dates included. At the others you paste the calendar (iCal) link your university’s timetable gives you, and Termspring reads your module codes from it. Termspring never asks for your university password.
QUESTIONS
Economics students ask
Is Termspring for A-level economics?
No. It is built for university students aged 18 and over: module codes, timetables, seminars, problem sets and degree exams.
Can I bring my economics Anki deck?
Yes. Import it with its review history, and export it again whenever you like. Both are free.
Which economics graphs can I practise?
Supply and demand with taxes, subsidies and price controls; budget lines and Cobb-Douglas indifference curves; isoquants and short-run cost curves; IS-LM; AD-AS; the Solow growth model; and two-by-two games, solved for their pure and mixed Nash equilibria.
How are graph answers marked?
By the rules of the model, not by AI. Termspring checks which curve you moved, which way and how far, and whether your predictions about output, prices or interest rates match what the model does.
Will it do my problem sets for me?
No. Termspring never does graded work. It gives hints one rung at a time and marks your own working.
Do I need to use AI?
No. The explorer, graph cards, planner and notes all work without AI, and you can turn AI off for one module or for your whole account.
Does it work with my module codes?
Yes. Termspring reads the module codes in your timetable, such as ECO2101, and turns on the economics tools for those modules. You can change a module’s subject yourself.
Is it free?
The graph tools, the derivation ladders (Cobb-Douglas demand, Slutsky, the multipliers and the Solow golden rule, one checked step at a time), the regression output reader, the planner, notes, cards, and Anki import and export are all on the free plan. Plus and Max add more AI help and the marking method; their prices are published when sign-up opens.
PLANS
Free covers the course tools
Every course tool, including the model explorer and graph cards, is on the free plan, and anything free stays free.