TAILIEUCHUNG - Lecture Understanding economics (2nd edition): Chapter 10 - Mark Lovewell, Khoa Nguyen

Chapter 10 - Inflation and unemployment. In this chapter you will learn about inflation, how it is measured, and its effect on nominal and real incomes. This chapter also examine the official unemployment rate, the different types of unemployment, and the definition of full employment. | Understanding Economics Chapter 10 Inflation and Unemployment Copyright © 2002 by McGraw-Hill Ryerson Limited. All rights reserved. 2nd edition by Mark Lovewell and Khoa Nguyen Chapter Objectives In this chapter you will: learn about inflation, how it is measured, and its effect on nominal and real incomes examine the official unemployment rate, the different types of unemployment, and the definition of full employment Copyright © 2002 by McGraw-Hill Ryerson Limited. All rights reserved. * The Consumer Price Index The consumer price index (CPI) is the most common measure of inflation monitors price changes in a representative “shopping basket” of consumer products includes quantities in a shopping basket determined in a base year compares prices in the current year with those in the base year Copyright © 2002 by McGraw-Hill Ryerson Limited. All rights reserved. * Simple Consumer Price Index Figure , Page 237 Prices Quantity Consumed per Month Expenditure per Month Weights $20 $30

• Kinh tế học
• Understanding economics
• Lecture Understanding economics
• Economic problem
• Economic systems
• Consumer price index
• Inflation’s effects
• Reading and understanding economics
• Fiscal policy
• The international business environment
• Financial markets
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• Featuring the demise
• National income accounts
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• Economic fluctuations
• Aggregate demand
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• Functions of money
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• The foreign sector
• Balance of payments accounts
• Foreign trade
• Canada’s trade patterns
• Economic growth
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• Production possibilities model
• Production possibilities curve
• The demand curve
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• Inelastic demand
• Revenue changes
• Costs of production
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• Perfect competition
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• Competitive labour market
• Income distribution
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• Introducing economics
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• Understanding business
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• Master Thesis in Economics
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• conservation biology
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• The economics of money
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