Phillips Curve Interactive Demo

Sustained inflation above expectations will eventually cause the SRPC to shift upward as workers demand higher wages. Phillips Curve Interactive Demo lets you explore this hands-on instead of only reading about it.

Unit 5 examines the long-run implications of policy choices. It covers the trade-off between inflation and unemployment via the Phillips Curve and discusses how government debt and deficits can impact long-term economic… It focuses on Short-Run and Long-Run Phillips Curves, Money Growth and Inflation, Deficits and National Debt, Crowding Out Effect, Economic Growth Drivers, Public Policy and Capital Accumulation from the “Unit 5: Stabilization Policies” section.

The sliders change the key inputs. Every change updates the visualization in real time, so you can see exactly how each variable affects the outcome.

AP Macroeconomics is a college-level course that explores the principles of economics that apply to an economic system as a whole. Students use graphs, charts, and data to analyze, describe, and explain economic concept… This demo is the interactive piece for the “Unit 5: Stabilization Policies” section. Open the full AP Macroeconomics course wiki at https://www.getlykke.com/explore/public/ap-macroeconomics-e215a86d-3bf6-4ee4-9294-4cc03ac2d317 for notes, flashcards, quizzes and the other demos.

You'll build intuition for Short-Run and Long-Run Phillips Curves, Money Growth and Inflation, Deficits and National Debt, Crowding Out Effect, Economic Growth Drivers, Public Policy and Capital Accumulation — and, crucially, see how they behave when you change the inputs, which is hard to get from a textbook or lecture on AP Macroeconomics alone.