Macroeconomics (ECON221)

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Inflation : Measuring Inflation, Degrees of Inflation, Types of Inflation

Inflation : Measuring Inflation, Degrees of Inflation, Types of Inflation
Class notes • 13 pages • 2022

This study material covers Macroeconomics Inflation topic. Specifically it covers Measuring Inflation, Degrees of Inflation and Types of Inflation and it's good for those taking Macroeconomics topic, but are having some difficulties in understanding Macroeconomics Inflation topic.

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UNEMPLOYMENT:FRICTIONAL,STRUCTURAL,CYCLICALUNEMPLOYMENT,OKUN'S LAW

UNEMPLOYMENT:FRICTIONAL,STRUCTURAL,CYCLICALUNEMPLOYMENT,OKUN'S LAW
Class notes • 8 pages • 2022

The unemployment rate is the most commonly used indicator for understanding conditions in the labour market. The labour market is the term used by economists when talking about the supply of labour (from households) and demand for labour (by businesses and other organisations). The unemployment rate can also provide insights into how the economy is performing more generally, making it an important factor in thinking about monetary policy. This study material covers Macroeconomics Unemployme...