Unemployment Worksheets [Virtual Economy]

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Unemployment - Worksheets

There are two worksheets available for unemployment. The first worksheet looks at the relationship between unemployment and other economic outcomes, and considers some possible causes of unemployment. It then goes on to suggest some experiments with the model to see how unemployment reacts to different policy changes. The second worksheet looks at the Phillips Curve relationship between unemployment and inflation and considers whether that relationship will still exist in the future.

  1. Unemployment - whose problem?
  2. The Phillips Curve - trading off unemployment and inflation

Intro | W1 | W2