Unemployment and inflation
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Description
We finished up unemployment and covered sticky wages, changes to the unemployment rate, types of unemployment, unemployment and the Great Recession, government policies and unemployment, and unemployment insurance. We then started on inflation, discussing what inflation is, why we care, and what a price index is.
More Episodes
We talked about purchasing power parity, the Big Mac index, how central banks can affect the exchange rates, pegging exchange rates and the current account deficit.
Published 03/13/14
We went over exchange rates, who buys and sells foreign currency, and the difference between currency appreciation and depreciation. We also talked about supply and demand in foreign exchange markets. Purchasing power parity was covered.
Published 03/11/14
We finished up monetary policy and went over how a central bank can effect an economy. We also examined the equation of exchange. We then started exchange rates.
Published 03/06/14
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