{"id":877,"date":"2011-11-03T01:25:52","date_gmt":"2011-11-03T07:25:52","guid":{"rendered":"http:\/\/opengecko.com\/economics\/ib-economics\/3-macroeconomics\/3-5-unemployment-and-inflation\/"},"modified":"2011-11-03T01:25:52","modified_gmt":"2011-11-03T07:25:52","slug":"3-5-unemployment-and-inflation","status":"publish","type":"page","link":"https:\/\/opengecko.com\/geckoview\/economics\/ib-economics\/3-macroeconomics\/3-5-unemployment-and-inflation\/","title":{"rendered":"3.5 Unemployment and Inflation"},"content":{"rendered":"<p><strong>Unemployment<\/strong><\/p>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"2\" width=\"630\">\n<tbody>\n<tr>\n<td valign=\"top\" width=\"315\">Full employment and underemployment<\/td>\n<td valign=\"top\" width=\"315\"><a href=\"http:\/\/opengecko.com\/economics\/unemployment-part-1\/\">http:\/\/opengecko.com\/economics\/unemployment-part-1\/<\/a><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"315\">Unemployment rate<\/td>\n<td valign=\"top\" width=\"315\"><a href=\"http:\/\/opengecko.com\/economics\/unemployment-part-1\/\">http:\/\/opengecko.com\/economics\/unemployment-part-1\/<\/a><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"315\">Costs of unemployment<\/td>\n<td valign=\"top\" width=\"315\">NONE YET<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"315\">\n<p>\u2022 structural unemployment<\/p>\n<\/td>\n<td valign=\"top\" width=\"315\"><a href=\"http:\/\/opengecko.com\/economics\/unemployment-part-1\/\">http:\/\/opengecko.com\/economics\/unemployment-part-1\/<\/a><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"315\">\n<p>\u2022 frictional unemployment<\/p>\n<\/td>\n<td valign=\"top\" width=\"315\"><a href=\"http:\/\/opengecko.com\/economics\/unemployment-part-1\/\">http:\/\/opengecko.com\/economics\/unemployment-part-1\/<\/a><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"315\">\n<p>\u2022 seasonal unemployment<\/p>\n<\/td>\n<td valign=\"top\" width=\"315\"><a href=\"http:\/\/opengecko.com\/economics\/unemployment-part-1\/\">http:\/\/opengecko.com\/economics\/unemployment-part-1\/<\/a><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"315\">\n<p>\u2022 cyclical\/demand-deficient unemployment<\/p>\n<\/td>\n<td valign=\"top\" width=\"315\"><a href=\"http:\/\/opengecko.com\/economics\/unemployment-part-1\/\">http:\/\/opengecko.com\/economics\/unemployment-part-1\/<\/a><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"315\">\n<p>\u2022 real wage unemployment<\/p>\n<\/td>\n<td valign=\"top\" width=\"315\"><a href=\"http:\/\/opengecko.com\/economics\/unemployment-part-1\/\">http:\/\/opengecko.com\/economics\/unemployment-part-1\/<\/a><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"315\">Measures to deal with unemployment<\/td>\n<td valign=\"top\" width=\"315\">NONE YET<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Inflation<\/strong><\/p>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"2\" width=\"630\">\n<tbody>\n<tr>\n<td valign=\"top\" width=\"315\">Definitions of inflation and deflation<\/td>\n<td valign=\"top\" width=\"315\">NONE YET<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"315\">Costs of inflation<\/td>\n<td valign=\"top\" width=\"315\">NONE YET<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"315\">Costs of deflation<\/td>\n<td valign=\"top\" width=\"315\">NONE YET<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"315\">cost push inflation<\/td>\n<td valign=\"top\" width=\"315\"><a href=\"http:\/\/opengecko.com\/economics\/causes-of-inflation\/\">http:\/\/opengecko.com\/economics\/causes-of-inflation\/<\/a> (basic introduction only)<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"315\">demand pull inflation<\/td>\n<td valign=\"top\" width=\"315\"><a href=\"http:\/\/opengecko.com\/economics\/causes-of-inflation\/\">http:\/\/opengecko.com\/economics\/causes-of-inflation\/<\/a> (basic introduction only)<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"315\">excess monetary growth<\/td>\n<td valign=\"top\" width=\"315\"><a href=\"http:\/\/opengecko.com\/economics\/causes-of-inflation\/\">http:\/\/opengecko.com\/economics\/causes-of-inflation\/<\/a> (basic introduction only)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Inflation and Unemployment \u2013 <font style=\"background-color: #cccccc\">Higher Level Extension Topics<\/font><\/strong><\/p>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"2\" width=\"630\">\n<tbody>\n<tr>\n<td valign=\"top\" width=\"315\">\n<p><font style=\"background-color: #cccccc\">Methods of measuring inflation<\/font><\/p>\n<\/td>\n<td valign=\"top\" width=\"315\"><a href=\"http:\/\/opengecko.com\/economics\/calculating-inflation\/\">http:\/\/opengecko.com\/economics\/calculating-inflation\/<\/a><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"315\">\n<p><font style=\"background-color: #cccccc\">Problems of the methods of measuring inflation<\/font><\/p>\n<\/td>\n<td valign=\"top\" width=\"315\"><a href=\"http:\/\/opengecko.com\/economics\/calculating-inflation\/\">http:\/\/opengecko.com\/economics\/calculating-inflation\/<\/a><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"315\">\n<p><font style=\"background-color: #cccccc\">Phillips curve             <br \/>\u2022 short-run              <br \/>\u2022 long-run<\/font><\/p>\n<\/td>\n<td valign=\"top\" width=\"315\"><a href=\"http:\/\/opengecko.com\/economics\/the-phillips-curve\/\">http:\/\/opengecko.com\/economics\/the-phillips-curve\/<\/a><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"315\"><font style=\"background-color: #cccccc\">Natural rate of unemployment<\/font><\/td>\n<td valign=\"top\" width=\"315\">Various \u2013 specific to be added later<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"315\"><font style=\"background-color: #cccccc\">Non-Accelerating Inflation Rate of Unemployment (NAIRU)<\/font><\/td>\n<td valign=\"top\" width=\"315\">NONE YET<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Unemployment Full employment and underemployment http:\/\/opengecko.com\/economics\/unemployment-part-1\/ Unemployment rate http:\/\/opengecko.com\/economics\/unemployment-part-1\/ Costs of unemployment NONE YET \u2022 structural unemployment http:\/\/opengecko.com\/economics\/unemployment-part-1\/ \u2022 frictional unemployment http:\/\/opengecko.com\/economics\/unemployment-part-1\/ \u2022 seasonal unemployment http:\/\/opengecko.com\/economics\/unemployment-part-1\/ \u2022 cyclical\/demand-deficient unemployment http:\/\/opengecko.com\/economics\/unemployment-part-1\/ \u2022 real wage unemployment http:\/\/opengecko.com\/economics\/unemployment-part-1\/ Measures to deal with unemployment NONE YET Inflation Definitions of inflation and deflation NONE YET Costs of inflation NONE YET&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":849,"menu_order":5,"comment_status":"open","ping_status":"open","template":"","meta":{"footnotes":""},"tags":[],"class_list":["post-877","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/pages\/877","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/comments?post=877"}],"version-history":[{"count":0,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/pages\/877\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/pages\/849"}],"wp:attachment":[{"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/media?parent=877"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/tags?post=877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}