Mind Maps have been produced to introduce topics and give students an overview of key topics being studied. This mind map introduces Unemployment, NAIRU and the Phillips Curve.

Unemployment, NAIRU and the Phillips Curve - Mind Map

Mind Maps have been produced to introduce topics and give students an overview of key topics being studied. The maps can be viewed as a whole page or, for those who prefer a more linear approach, as a text version.

View larger version of the mind map.

• Types of Unemployment
  
  • Frictional
  • Structural
  • Seasonal
  • Demand Deficient
  • Technological
• Unemployment
  
  • Long Run
  • Short Run
  • Natural Rate?
• Phillips Curve
  
  • Rate of growth of wages
  • Unemployment
  • Shifts in Phillips Curve
  • Expectations
  • Money Illusion
  • Trade-Off?
• Inflation
  
  • Anticipated
  • Unanticipated
  • Costs