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This article accompanies my lecture at the 2015 AMS summer institute in algebraic geometry in Salt Lake City. I survey the recent advances in the study of tautological classes on the moduli spaces of curves. After discussing the Faber-Zagier relations on the moduli spaces of nonsingular curves and the kappa rings of the moduli spaces of curves of compact type, I present Pixtons proposal for a complete calculus of tautological classes on the moduli spaces of stable curves. Several open questions are discussed. An effort has been made to condense a great deal of mathematics into as few pages as possible with the hope that the reader will follow through to the end.
The slope of the moduli space of genus g curves is bounded from below by 60/(g+4) via a descendent calculation.
For $4 mid L$ and $g$ large, we calculate the integral Picard groups of the moduli spaces of curves and principally polarized abelian varieties with level $L$ structures. In particular, we determine the divisibility properties of the standard line b
We prove an explicit formula for the total Chern character of the Verlinde bundle over the moduli space of pointed stable curves in terms of tautological classes. The Chern characters of the Verlinde bundles define a semisimple CohFT (the ranks, give
We study a 3-dimensional stratum $mathcal{M}_{3,V}$ of the moduli space $mathcal{M}_3$ of curves of genus $3$ parameterizing curves $Y$ that admit a certain action of $V= C_2times C_2$. We determine the possible types of the stable reduction of these
We construct the Hilbert compactification of the universal moduli space of semistable vector bundles over smooth curves. The Hilbert compactification is the GIT quotient of some open part of an appropriate Hilbert scheme of curves in a Grassmannian. It has all the properties asked for by Teixidor.