Outline Mystery of the missing equation The Phillips curve as solution to the mystery of the missing equation Phillips curve as a “policy menu.” Aggregate.
Global Economic Outlook June 2009. Good News.
Definition of Goal: The goal of Full Employment: that there should be no cyclical unemployment caused by weak demand or recession. TARGET – To achieve.
The Phillips Curves Module 34. Figure 34.1 Unemployment and Inflation, 1955–1968 Ray and Anderson: Krugman’s Macroeconomics for AP, First Edition Copyright.