Thursday, October 22, 2015

Macro. Chapter 22 【The Short-Run Trade-off between Inflation and Unemployment】

Chapter 22 Warning: There might be another versions but sorry I don't have time to do it.

1. Aggregate demand, aggregate supply, and the Phillips curve
In the year 2020, aggregate demand and aggregate supply in the fictional country of Bartak are represented by the curves


2. The Phillips curve in the short run and long run


3. The long-run effects of monetary policy


4. Monetary policy and the Phillips curve




5. The Phillips curve in the late 20th century


6. Expectations and the Phillips curve




7. The costs of disinflation

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