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Philips curve

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Intro to the Phillips curve and the short-run tradeoff

Intro to the Phillips curve and the short-run tradeoff

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Intro to the Phillips curve and the short-run tradeoff

6:06

About this lesson

Short-Run Philips Curve
  • Two Time frames of Philips Curve
  • Expected Inflation Rate
  • Natural Unemployment Rate
  • U-Shaped

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Video 1 of 2

Intro to the Phillips curve and the short-run tradeoff

6 min

• Selected

Understanding the long-run Phillips curve as a vertical line

3 min