Inflation and Unemployment
About This Chapter
Unemployment is an unfortunate reality for many people these days, and there are a lot of different ways to solve that problem. In addition to hearing about unemployment, you've probably also heard some talk about inflation. But how deeply do you understand these two hot topics on a conceptual level? By watching these Education Portal video lessons on inflation and unemployment, taught by economics and finance instructor Jon Nash, you can gain some insight into what causes widespread unemployment. Read more
Can we have low unemployment and low inflation at the same time? Some economists think the answer is no. In this lesson, we'll explore the relationship between inflation and unemployment in the short-run, what economists call the Phillips Curve.
Inflation and unemployment are directly related. In this lesson, discover the factors that lead to a shift in the Phillips Curve by looking at a fictitious economy as an example.
Economists have ways to describe the changes in the economy. In this lesson, discover the short-term relationship between inflation and unemployment - what economists refer to as the Phillips Curve.
No comments:
Post a Comment