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PopularLecture Notes in Macroeconimics - John C. Driscoll (Brown University)
Year: 2001
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About Lecture Notes in Macroeconimics - John C. Driscoll (Brown University):
Excerpts from lecture notes:
This course will explain the trend in and growth rates of inflation and unemployment, and fluctuations in real GDP. It will also explain why these variables move together- that is, unemployment tends to be low when output growth is high, and inflation is often (but not always) low when output growth is low.
This course will explain the trend in and growth rates of inflation and unemployment, and fluctuations in real GDP. It will also explain why these variables move together- that is, unemployment tends to be low when output growth is high, and inflation is often (but not always) low when output growth is low.