Phillips Curve | Long Run Phillips Curve | Short Run Phillips Curve

Phillips Curve | Long Run Phillips Curve | Short Run Phillips Curve | ecoso

Рет қаралды 37,009

9 ай бұрын

Hello everyone! We generally expect the government to control inflation and reduce unemployment. However, in reality, achieving both of these goals simultaneously is not possible. In this video, we will explore why controlling inflation and reducing unemployment together is impossible with the help of the Phillips Curve. We will delve into the short-run and long-run Phillips Curve in detail, accompanied by diagrams. I hope this will be helpful. All the best! 👍
#ecoso #phillipscurve #shortrunphillipscurve #longrunphillipscurve #phillipscurveexplained #phillipscurveinhindi #phillipscurveineconomics #Nairu #inflationandunemploymenttradeoff #sybcom
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Пікірлер: 85

@bolt8295 8 ай бұрын

Currently the best teacher for economics in whole KZfaq, thank you for explaining the concepts clearly, we miss you ma'am, hoping for your comeback.

@ecoso 8 ай бұрын

Wow, thank you for your inspiring words 💫 Keep watching

@shantichaudhary-te8ri 2 ай бұрын

Really nice video

@PunmasterSTP 8 ай бұрын

Phillips Curve? More like "Perfectly informative video; superb!" 👍

@ecoso 7 ай бұрын

Thank you for your kind words ✨️

@user-yd6xz9vy5e 3 ай бұрын

Regularly waching your vidios before going to class for teach ug students lt is very helpful to me l am a senior lecturer 30 years experience blesses to you make the students happy

@ecoso 3 ай бұрын

Thank you so much Sir for your kind words and support! I humbly seek your blessings for my future journey 🙏

@korealfazz5981 17 күн бұрын

Mam u r best teacher

@ecoso 15 күн бұрын

Thank you 😊

@pranjaljadhav8138 4 ай бұрын

Very well and easliy explained , it seemed to me complex topic but u explained very precisely and smoothly🌼

@ecoso 4 ай бұрын

Glad to hear from you. All the Best 👍

@suindude8149 5 ай бұрын

Yes the wage related theory suggests the general view of the ups and down in the economy of organization,as the GDP goes high the base of the theory changes thus rate of employment has the direct proportionment with wages,our feel is likewise.

@kgf0099a 9 ай бұрын

Nice explanation....keep going

@ecoso 9 ай бұрын

Thanks a lot 🙏

@leenamhaskar2352 9 ай бұрын

Can you make a video on measurement of income inequality - Lorenz curve , Gini coefficient

@Lovenverfades 9 ай бұрын

tommorow i have my eco exam and u put the video thanksss

@ecoso 9 ай бұрын

All the Best dear 👍

@PunmasterSTP 8 ай бұрын

How'd your test go?

@Shubhamverma-oq4gh Ай бұрын

NICE VIDEO MAAM I UNDERSTAND YOUR CONCEPT

@ecoso Ай бұрын

Glad to hear from you 😊

@kiwiswitzerland2856 8 ай бұрын

Sis you make best explanation videos for economics which is very useful during exams - Thank you for that! A Request: Would like if you could make a video on Kuznet consumption puzzle, permanent income hypothesis

@ecoso 7 ай бұрын

Glad to hear from you 😊

@nalindasivanesarajah8412 Ай бұрын

Thank you! Could you please do the Tobin's Modified version of the Philips Curve also?

@yashvartak4053 5 ай бұрын

I am very much need of this lecture

@ecoso 5 ай бұрын

Glad it helped you 😊

@chowangsotayangtayang8424 2 ай бұрын

❤❤

@nikhilwaghe6534 3 ай бұрын

👌👍

@Shubhamverma-oq4gh Ай бұрын

can you please make video on Adaptive Expectations and Rational Expectations

@NazibaMazumder 2 ай бұрын

Best explanation ma'am Thank you so much❤😊

@ecoso Ай бұрын

Most welcome 😊

@rohit_rohit_15 2 ай бұрын

Thanks for this wonderful explanation🎉

@ecoso Ай бұрын

You're very welcome!

@rahuldhakare2834 5 ай бұрын

Ma'am plz make video on inflation targeting and exchange rate targeting and it's working

@user-ij2er3ml7b 3 ай бұрын

Great teaching ❤ thanku mam 🙏

@ecoso 3 ай бұрын

You're most welcome 😀

@Kaushiksharma1803 8 ай бұрын

Thank you so much tomorrow is my exam got it so clearly ❤❤❤

@ecoso 8 ай бұрын

Glad it helped!

@PunmasterSTP 8 ай бұрын

Hey, how'd your exam go?

@Kaushiksharma1803 8 ай бұрын

@@PunmasterSTP it went well and good

@PunmasterSTP 8 ай бұрын

@@Kaushiksharma1803I'm glad to hear that!

@BarshaSinghh 8 ай бұрын

Thank you so much ma'am pls complete all sem of graduations and pg

@ecoso 8 ай бұрын

You're welcome 😊

@babubaby8050 9 ай бұрын

Your teaching is very nice

@ecoso 9 ай бұрын

Thank you so much 💓

@ecoso 9 ай бұрын

Thank you dear 😊

@PunmasterSTP 8 ай бұрын

Yes, I agree!

@MyNguyen-bl7tp 6 ай бұрын

I very much appreciate your detailed explanations of The Phillips Curve, ma'am. I have one question what does the original Phillips curve tell us about the AS curve in one year? I am confused about what the SRAS and SRPC will shift to in one year. And one year of this point, is it considered a short period or a long period, I am stuck on that point. Thank you so much and hope you respond.

@ecoso 6 ай бұрын

Thank you so much for your kind words ✨️ 1. The Short-Run Phillips Curve (SRPC) can influence the Aggregate Supply (AS) curve. If policymakers aim to reduce unemployment by increasing aggregate demand through fiscal policy, it will lead to a higher price level in the short run. This, in turn, can impact Aggregate Supply in the short run. 2. The terms short-run and long-run are relative terms. Generally in economics one year is considered as a short-run. 3. Both SRPC and SRAS may shift in the short-run depending on government policies, trade cycles, external economic shocks etc.

@user-yd6xz9vy5e 6 ай бұрын

Super teaching

@ecoso 6 ай бұрын

Thank you 😊

@hemantarohidash8739 6 ай бұрын

Good explanation

@ecoso 5 ай бұрын

Thanks for liking

@linajar9357 9 ай бұрын

Madam, while going from b to c in period 3 when unemployment increases due to economic slow down, why is inflation at same level? Why it's not coming down?

@ItsBuuuny 7 ай бұрын

Because example: In india petrol prices are hike from 2020 but after slowdown in economy the price of petrol remain constant(Inflation rate) so,now people saying they are unemployed and the price of goods are high🎉

@user-yd6xz9vy5e 3 ай бұрын

Superb madam

@ecoso 3 ай бұрын

Thank you 😊

@Notofficialvlogs22 6 ай бұрын

Mam please make a video on Sybcom sem 4 "Shifting of tax burdens"

@manishanayak3446 3 ай бұрын

Mam please adoptive expectations and rational expectations pe video and NAIRU in long run hai😢 aur NRU ?

@ecoso 3 ай бұрын

NAIRU

@harshchauhan8203 9 ай бұрын

Can you pls upload video of money multiplier by 16th October?

@PunmasterSTP 8 ай бұрын

Out of curiosity, what happened on October 16th? Did you have a test? If so, I hope it went alright!

@mona1110 4 ай бұрын

Plz maths and statistics

@bunnyyt4973 4 ай бұрын

I love you ❤

@pintexkumar8752 3 ай бұрын

Mam mujhe thoda long run phillips curve samajh me nahi aayi

@darkking141 3 ай бұрын

Firse dekh

@MM36302 6 ай бұрын

thanks from pakistan ❤

@ecoso 6 ай бұрын

You're most welcome 😀

@MM36302 6 ай бұрын

@@ecoso ap india sy ho ??

@MM36302 6 ай бұрын

@@ecoso india k kis city sy

@arishakhan5517 Ай бұрын

Thankyou mam kal mera exam h thankyou so much❤

@ecoso Ай бұрын

You're most welcome 😀

@shreya.019 4 ай бұрын

Ma'am thoda bolne ki speed bass teez kro bht slow jare ho jisse video dekhne ka Maan nhi krta

@arshadshaikh501 3 ай бұрын

Watch it on 1.5x

@prithviraj6954 22 күн бұрын

Respect mam I have a doubt how can our beloved scientist jhon Philips can research for 96 years?? Since 1861 to 1957 ...or kuch kaam nhi tha kya?? Kindly reply mam🥹🥹

@ecoso 19 күн бұрын

Dear Prithviraj pls understand that Prof. Phillips studied the data of wage behavior in UK between 1861 to 1957. It doesn't mean that he studied for that many years...

@userunknown5233 9 ай бұрын

Plz explain in English 😅

@AnshPrasad 8 ай бұрын

Mam aapka naam kya hai

@favourvictor8684 13 күн бұрын

What happened to the English you were speaking

@nalindasivanesarajah8412 2 ай бұрын

Can you do in English so students from all the states can learn?

@ecoso 2 ай бұрын

Not decided yet.

@yusraqureshi4958 4 ай бұрын

How are your haal😂😂

@yashvardhansharma3142 3 ай бұрын

she said All actually but sounds Different becoz of Marathi Accent

@yusraqureshi4958 3 ай бұрын

@monojkantichakraborty9814 4 ай бұрын

worst explanation... Seems like some 12 students are giving presentation. Give proper explaination, along with the economics behind the shifting of curve