Lecture 9: The Phillips Curve and Inflation

MIT 14.02 Principles of Macroeconomics, Spring 2023
Instructor: Ricardo J. Caballero
View the complete course: ocw.mit.edu/co...
RUclips Playlist: • MIT 14.02 Principles o...
Prof. Caballero introduces the Phillps Curve, which states that inflation and unemployment have an inverse relationship. Higher inflation is associated with lower unemployment and vice versa.
License: Creative Commons BY-NC-SA
More information at ocw.mit.edu/terms
More courses at ocw.mit.edu
Support OCW at ow.ly/a1If50zVRlQ
We encourage constructive comments and discussion on OCW’s RUclips and other social media channels. Personal attacks, hate speech, trolling, and inappropriate comments are not allowed and may be removed. More details at ocw.mit.edu/co....