1. Economics for your Classroom Ed Dolan’s Econ Blog What Ever Happened to the Phillips Curve? May 12, 2014 Terms of Use: These slides are provided under Creative Commons…

1.In economics, the Phillips curve is a historical inverse relationship between the rate of unemployment and the rate of inflation in an economy. Stated simply, the lower…

Slide 1ECONOMIC POLICY Part. I, Unit 4 From the Monetarism to the “New Keynesian Economics” Slide 2 Milton Friedman (1912  2006) was one of the most influential economists…

Slide 1 Chapter 8: The Natural Rate of Unemployment and the Phillips Curve Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Macroeconomics, 5/e Olivier…

Slide 1 Expectations and Macroeconomics Chapter 18 Slide 2 2 Introduction We have put together a complete model of aggregate demand, supply and wage adjustment. Slide 3 3…

Slide 1 CHAPTERS IN ECONOMIC POLICY Part. I Unit 4 From the Monetarism to the “New Keynesian Economics” Slide 2 Milton Friedman (1912  2006) was one of the most influential…

The Phillips Curve, the Natural Rate of Unemployment, and Inflation Chapter 8 © 2013 Pearson Education, Inc. All rights reserved. 8-* Figure 8-1 Inflation versus Unemployment…

ECON 100 Tutorial: Week 21 ECON 100 Tutorial: Week 24 Extra slides for exam revision Ayesha Ali [email protected] Office Hours: Tuesday 2:00-3:00, LUMS C85 Revision:…

CHAPTERS IN ECONOMIC POLICY Part. I Unit 4 From the Monetarism to the “New Keynesian Economics” Milton Friedman (19122006) was one of the most influential economists…