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EPISODE · Aug 22, 2009 · 3 MIN

The Phillips Curve

from Econs for the Ipod · host Jonathan Evans

In this episode, we describe the Phillips Curve relationship between inflation and unemployment. In doing so, we differentiate between the short run and the long run and note the implication for policy makers. We also define and differentiate between full employment and the non-accelerating inflation rate of unemployment.

Episode metadata supplied by the publisher feed · Published Aug 22, 2009

What this episode covers

In this episode, we describe the Phillips Curve relationship between inflation and unemployment. In doing so, we differentiate between the short run and the long run and note the implication for policy makers. We also define and differentiate between full employment and the non-accelerating inflation rate of unemployment.

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How long is this episode of Econs for the Ipod?

This episode is 3 minutes long.

When was this Econs for the Ipod episode published?

This episode was published on August 22, 2009.

What is this episode about?

In this episode, we describe the Phillips Curve relationship between inflation and unemployment. In doing so, we differentiate between the short run and the long run and note the implication for policy makers. We also define and differentiate...

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