Title: Planet Money: The Relationship between Unemployment & Inflation (Audio Q&A)
Course: Alabama Economics Sample Syllabus > Section: Unit 8: Labor Markets

Description: When economists track the performance of the U.S. economy, they pay attention to factors like economic growth, inflation, and unemployment. One economic model, the Phillips Curve, suggests that when unemployment is low, inflation increases, and vice-versa. But is that always true? Listen to learn about the relationship between unemployment and inflation and about how economists’ interventions can actually change it.

Estimated Completion Time: 10 minutes