PPT-Inflation AP Macroeconomics Fall 2013

Price Level amp Real Income As long as wages rise with price levels inflation doesnt cause harm standard of living Real Wage Wage rate 100 Price index Real Income Income . Inflation. Perfection. Deflation. 1. 2. But first a little behavioral economics. Malcolm Sawyer. University of Leeds. Introduction. Heterodox macroeconomics includes what may be termed Post-Keynesian and . Kaleckian. macroeconomics . Reading:. M. Sawyer, ‘. T. he central core of heterodox macroeconomics. INFLATION OR DEFLATION,. TELL ME IF YOU CAN…. WILL WE BE ZIMBABWE OR. WILL WE BE JAPAN?. INFLATION IS A GENERAL INCREASE IN PRICES OVER TIME, OR A GENERAL DECREASE IN THE VALUE OF MONEY. “I JUST BOUGHT FOUR TIRES. India – A Threat to Growth and Development?. A2 Macro – January 2014. Indian Population. Population still rising but more slowly. Growth and Inflation in India. Inflation in India is among the highest in the Group of 20 leading economies. Maritta Paloviita and Matti Viren. Bank of Finland and . University. of Turku . Basic idea. The . basic idea . is . an attempt to see whether the Phillips curve has shifted due to the  EMU (better anchoring of expectations . To understand what . inflation is. To identify how . inflation might . affect businesses. To evaluate how businesses might respond to . inflation. Starter: Find out how much the average salary was in . Junhui. Qian. Intermediate Macroeconomics. Content. Overview. GDP. Expenditure. Income. Inflation. CPI. GDP Deflator. Unemployment. Intermediate Macroeconomics. The importance of data. Sherlock Holmes: . Economics. Unemployment. Economist’s definition:. Those of working age, who are without work, but who are available for work at current wage rates.. Two . measures . of unemployment.. Claimant . count. Edgenuity Lesson 3.4. Definitions. Inflation. A sustained increase in prices. Goods . and . services get more expensive. Reduces purchasing power for individuals. Causes money to lose value over . time. Inflation – a general increase in the price level. Deflation – a general decrease in the price level. Hyperinflation – extraordinarily high inflation. (Germany 1923 – prices doubled roughly every 2 days). Taggert J. Brooks. Module 33. Types of Inflation, Disinflation, and Deflation. Money and Inflation. According to the . classical model of the price level. , the real quantity of money is always at its long-run equilibrium level.. PB 202 . MACROECONOMICS. Continuous Assessment . CA. Total. . Chapter. %. Quiz . Minimum. 3. Chapter. 1, 6, 7. 20. Test . Minimum 1. Chapter 1-4. 20. Tutorial . Minimum 2. Chapter 2&3. 20. Case study . 4 th H en June 23 rd to 24 th 2 01 8 On June 23 rd and 24 th 2018 , the Center for Financial Development and Stability (CFDS) at Henan University and the International Network for Economic Research Delve into the depths of AP Macroeconomics with this comprehensive guide. Explore essential topics, key concepts, and preparation strategies for success in the AP exam.