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.

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• 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