Phillips Curve | 60 Second Economics | A Level & IB

The Phillips curve is an economic model that shows the possible inverse relationship between the unemployment rate and the rate of inflation.

#shorts #phillipscurve #macroeconomics

• #education
• #phillips_curve
• #natural_rate_of_unemployment
• #short_run_phillips_curve
• #philips_curve
• #the_phillips_curve
• #long_run_phillips_curve
• #phillips_curve_explained
• #economics_help
• #a_level_economics