about 13 years ago - No comments
Be warned. This one’s quite tricky. We’ll rely heavily on the truly excellent http://www.reffonomics.com website for this topic, but these activities will be best used following some prior learning of the Phillips Curve. I like the approach that reffonomics take, it is thorough and helps to give a good recap of general ASAD macro models.…
about 13 years ago - No comments
Syllabus requirements (first part): Unemployment • Full employment and underemployment • Unemployment rate • Costs of unemployment • Types of unemployment • structural • frictional • seasonal • cyclical/demand-deficient • real wage (Macro) Episode 18: Unemployment by mjmfoodie (Macro) Episode 19: Types of Unemployment by mjmfoodie Unemployment – Description of different types by jcsballoon
about 13 years ago - No comments
Credit: I came across this useful practice data response question via a student’s blog associated with this teacher’s site: http://www.peteranthony.org/wordpress/ Image: Some rights reserved by epicxero I think this is an excellent introduction to this 3rd paper which forms part of the IB Economics final assessment. The questions are straightforward, but you will need to…
about 14 years ago - No comments
[License: Some rights reserved by juhansonin] As we begin to explore macroeconomics, it is worth thinking about some of the key things that we will be looking at and how they apply to a real life country. Economists agree that there are four main macroeconomic goals which most governments consider when managing their economy (and…