Abstract
This paper surveys the rapidly growing literature of macroeconomic models analyzing the COVID-19 pandemic. In particular, I summarize new frameworks integrating the epidemiological (SIR) models and macroeconomics. This survey (i) discusses why the traditional macroeconomic framework fails to capture the pandemic; (ii) provides a concept for policy evaluation called pandemic possibility frontier; (iii) reviews epidemiological models with economic costs; (iv) summarizes the models incorporating individual optimizations and general equilibrium; (v) presents quantitative applications to Japanʼs coronavirus-related state of emergency.