What is the #Phillips #Curve? This video explains the #PhillipsCurve
It starts with a quick 1 minute introduction to the Phillips Curve and then goes into more detail. Specifically looking at the origins of the curve and the Phillips curve inflation and unemployment trade off, the economics of the Phillips Curve, the short run Phillips Curve (and long run Phillips Curve of course), and finally evidence, stagflation, and current thinking.
The video is pitched at an introductory level. Ideal for those studying A Level Economics, IB economics, or AP economics. It is clearly broken down with four key learning points highlighted at the end,.
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long run phillips curve
