The Phillips Curve (Macro Review)

The Phillips Curve (Macro Review) - Macro Topic 5.2

Рет қаралды 984,718

10 жыл бұрын

Newer Version: • The Phillips Curve- Ma...
In this video I explain the Phillips Curve and the relationship between inflation and unemployment. Remeber that there are two curves the long run curve and the short run curve. Thanks for watching. Please subscribe.
Need help? Start the Ultimate Review Packet for FREE: www.acdcecon.com/review-packet

Пікірлер: 278

@tsp8855 8 жыл бұрын

In the long run we're all dead

@romanmahad324 8 жыл бұрын

yes John Maynard keynes

@DanielMartinez-fz4bo 5 жыл бұрын

For sure

@animuszen136 4 жыл бұрын

I take it you're in AP Macroeconomics

@calvinandhobbesdk 3 жыл бұрын

On a long enough timeline, the survival rate for everyone drops to zero.

@spacejunky4380 2 жыл бұрын

In the long run, the sun dies and heat death turns everything into small random sparks of activity in a vacuum.

@bicerpbro55 7 жыл бұрын

HOW IS IT THAT THIS GUY CAN EXPLAIN EVERYTHING IN 3 MIN AND MY TEACHER CANT EXPLAIN THIS IN 45 MIN

@toru47 5 жыл бұрын

True, I can relate to that

@mgnmboii 5 жыл бұрын

that`s true.

@abdullahazeem1719 5 жыл бұрын

Because we came here to learn on KZfaq and there our teacher comes to us the mind game✌

@wr1120 5 жыл бұрын

because he talks way too fast

@adad15711 4 жыл бұрын

Because of pause, replay, slow speed etc. Options that you dont get in a classroom

@3Side_Show 8 жыл бұрын

if i see you anywhere..i am gonna buy you a coffee for sure.

@JacobAClifford 8 жыл бұрын

+anil patel Look for me in San Diego

@s0uris012 8 жыл бұрын

+ACDCLeadership the sorterm phillips curve is non linear its in the original paper also but milton friedman in his critique assumed equilibrium anyhow

@leocossham 3 жыл бұрын

This is genuinely 10 times better at explaining this stuff than the virtual lectures that are being put out in the second year of my degree.

@tannerthornton7850 7 жыл бұрын

Thanks Mark Cuban

@ansonpaul9365 7 жыл бұрын

Tanner Thornton 😂

@wffl0038 6 жыл бұрын

X-RAY Crystallography shut up foooo, Mark Cuban is cliff's long lost brotha

@PearlEphraim 5 жыл бұрын

I want to say THANK YOU SO MUCH!!!!!! I failed Economics 3 times and just didnt get it, had a tutor but he wasn't so good. I was defeated and then someone posted about your videos. All I did was watch your videos the night before my exams and I FINALLY passed !!! WOW WOW WOW!! THANK YOU SO MUCH FROM SOUTH AFRICA 😁😁😁😁😁😁😁😁😁😁😁

@reimannx33 2 жыл бұрын

You failed 3 times? Listen to what the gods are trying to tell you ....🙂

@jakub.kubicek 5 ай бұрын

Gods don't exist @@reimannx33

@danigill2195 9 жыл бұрын

Finally, someone to explain things perfectly and in a concise manner! So much to do.. to little time - you're a massive help!

@arjunpanthi2349 7 жыл бұрын

if you want to understand this Phillips curve in a simpler form than follow this link. arjnpanthi.blogspot.com/search/label/The%20Phillips%20Curve

@studyhard7722 4 жыл бұрын

@@arjunpanthi2349 what? This is even more complex. Stop trolling

@arjunpanthi2349 4 жыл бұрын

@@studyhard7722 I don't know how you feel complex. It was a perfect explanation if possible try once to understand. Thank you for comment.

@frandup7180 9 жыл бұрын

Mr Clifford my fuckin man

@samminicksm 5 жыл бұрын

I’ve been trying to understand this for a week and you explained it in 5 minutes.

@suruchiagrawal8438 4 жыл бұрын

You are the best economics teacher I ever had. Thank you!

@oliviamiller6320 9 жыл бұрын

Your videos are some of the most helpful videos I have ever watched. Keep up the good work!

@stephanie4812 8 жыл бұрын

YOU SIR ARE AMAZING helpin me pass this exam in ~12 hours amiright

@MIbtehajKhan 5 жыл бұрын

You just explained me Philips Curve which my teacher couldn't in her 2 hours lecture. I will give you a hug for sure whenever I found you. Sending love from Karachi, Pakistan.

@dannyholley 9 жыл бұрын

BONUS BONUS ROUND! Great videos! I'm using these to prepare for the Macroeconomics CLEP test.

@nurliyanasuhaimi6184 5 жыл бұрын

my econs paper is tmr this really helped. the textbook is so long you just summarised it in the simplest way possible. thank you

@solidstyle788 7 жыл бұрын

you have made economics so much more fun to learn thank you your videos are awesome !!

@dustmarine 10 жыл бұрын

Thanks for making Economics so simple and interesting! I love all of your vids. Please do a video on the IS-LM model!

@AliasGD 2 жыл бұрын

Thank you! Very helpful. Almost makes marcoeconomics fun watching these😅

@tiffanyericawilliams 9 жыл бұрын

so helpful omg this made my textbook make so much more sense

@notimportant8806 8 жыл бұрын

it's 2:46 am. and I'm cramming the heck out of this exam.

@abhijeetkochhar4370 8 жыл бұрын

Same lmao, glad i found this at 3 am for my 9 o clock exam

@desireeh2461 6 жыл бұрын

and that is exactly what i am doing rn

@antoniasuerio4513 6 жыл бұрын

How this shit is going to help me in business?

@BOTKhan7987 6 жыл бұрын

lmao 2:12am here, exam today at 12

@clhk12 5 жыл бұрын

@@abhijeetkochhar4370 I found this at 11am for my 12pm exam T.T

@secret2106 9 жыл бұрын

That was amazing!! Thanks for being so concise

@akahn8311 7 жыл бұрын

excellent !!! saved me reading tons of slides and material. Short, Sharp, Crisp, to the Point !!!

@wanyiwang4675 5 жыл бұрын

you save my life from micro to macro... thank u!!!

@vaneezybobeezy 6 жыл бұрын

thanks for these videos man! you make it a lot easier to understand and you keep it interesting :)

@den368able 5 жыл бұрын

Thanks man, you saved me 1 day before the final even though I found your channel too late!

@roccoh.892 6 жыл бұрын

An excellent video... Your channel has been such a gift in helping with exam prep. Thanks, sir!

@user-kz7ok6qg3l 5 жыл бұрын

This is the kind of video I’d totally be happy with an ad on.

@iankamwende7827 8 жыл бұрын

Cheers men now i Know The Philips curve.......like the way you associated it with full employment and natural rate of unemployment it makes it way much easier to understand , and imm definately getting your APP. Cheers man

@ukchris93 8 жыл бұрын

this guy is a boss i swear ur makin me learn so much bro keep up the good work

@andromalius9595 2 жыл бұрын

Brilliant. Thank you for helping me again Mr Clifford

@periwinkle16 9 жыл бұрын

this is so helpful thank you! definitely getting your app for when i take this course again in university next year!

@ygt626 7 жыл бұрын

in a few days ill never have to look at this channel again and i can't wait

@Karo90Mty 7 жыл бұрын

Thank you for all of your help on y final exam reviews!

@gsf4lyf 10 жыл бұрын

great effort, thanks for the brilliant vids

@ahmedwafa6243 6 жыл бұрын

My exam is in 6 hours and you just got my back , Thank you

@temimegraham1904 Жыл бұрын

where have you been all my life? The best teacher in the world.

@bhekumuzintabeni3208 2 жыл бұрын

Bonus BONUS ROUND!!! Nice🤣🤣🤣. Very helpful too, thank you

@ashleymbewe7282 5 жыл бұрын

Thank you so much Your videos are so helpful

@4923470021 6 жыл бұрын

Dude im in class rn watching this love u bro

@martinavurbanova6005 8 жыл бұрын

Thank you! It is a pleasure to watch your videos :)

@saikrishnaarlagadda6098 3 жыл бұрын

Ur lectures are absolutely awesome sir.

@DarrensTechTutorials 2 жыл бұрын

Thanks Jacob - this was really helpful!

@teriwest1112 9 жыл бұрын

Thank you Mr. Clifford!

@aashrayjuneja13 7 жыл бұрын

i have an ibdp exam tomorrow and you jusr saved my ass, thank you sooo much

@nima6955 Жыл бұрын

A succinct and informative video - I'm very grateful.

@ngamynguyen7703 9 жыл бұрын

This is very useful. Thank u.

@Guerilla1337 9 жыл бұрын

Good videos!! They are fast and fun! I like your style!

@slimanahbara1311 7 жыл бұрын

i love your channel man , thankkkkk you

@lolaoyinloye268 5 жыл бұрын

You deserve a Nobel prize!

@CanadianBGM 5 жыл бұрын

When AD changes, it changes ALONG the philips curve. When AS changes, it CHANGES the philips curve. Thank you!!!!!!

@Myliferoxx 5 жыл бұрын

I needed this one fact for my course just now! He is a life saver!!

@BabyUn0 8 жыл бұрын

I love this guy!! 🎉

@komalrajput9596 5 жыл бұрын

Your bonus round is too gud sir....today's my exam of macroeconomics 😥 thanks for the video

@fimbavictoria6678 2 жыл бұрын

I feel like I owe u money sir You've helped me so much 🙏🙇

@samschulze2672 7 жыл бұрын

You are a stud. thank you so much for all your videos

@thankyou8806 4 жыл бұрын

Thank you Mr.Clilfford

@bob992c 8 жыл бұрын

Thank you SO MUCH From Canada!

@danialshah616 2 жыл бұрын

This guy is so good that my teacher uses his videos to teach the class HAHAH hopeless man.

@Tdotfaz 9 жыл бұрын

wish i had u as my prof :( you're so good

@ngamynguyen7703 9 жыл бұрын

Exactly

@augustingreat 7 жыл бұрын

Dude he's so cringy when he tries to be funny

@robertlambourne6161 7 жыл бұрын

You have never done anything comparable to Mr. Clifford in your life, Augustin.

@augustingreat 7 жыл бұрын

Yes, I never done anything comparable to Mr. Clifford because I am not some sad fuck trying to be funny on YT, I actually have a future

@robertlambourne6161 7 жыл бұрын

If you consider him a "Sad fuck on KZfaq", you are a subordinate of this. You are, by your definition, a "Sadder Fuck" spending your time trying to be rude on a KZfaq video of another "Sad Fuck". I'm not sure I see where your ill-placed confidence is coming from but hey, seems like you've got quite the future ahead of you with your sweet archery KZfaq videos! They really take the cake in humor and quality over the videos of @ACDCLeadership.

@VNnimbs 3 жыл бұрын

2 hr of reading in 3 min.... God bless u sir... 😇

@ShivajiSingh_555 8 жыл бұрын

Like your cool attitude, keep up the good work boss.

@phillipgunter8375 Жыл бұрын

Thank you for the clear concise explanation! I'm studying out of chapter 17 of this gergory mankiv's macro book and literally the author made my head spin with all the elaborate and confusing explanations while I get the concepts right away when you explain them! Thank you

@leonpan2952 5 жыл бұрын

Our teacher took 2hrs to explain this. I should just watch your video for sure

@Jojojjn8 8 жыл бұрын

This helped so much!!! my brain just hurts though!!! DX freaking macroeconomics.... Freaking economics in general!!

@katiebasson6694 5 жыл бұрын

👏👏👏👏👌❤❤😘📚💪

@giarichards1529 2 жыл бұрын

This is the future of education. Something scripted and moving screens, moving graphs, while explaining the concept.

@mwixy5506 7 жыл бұрын

THANKS SO MUCH DUDE YOU'RE AWESOME

@sunkanmibero 8 жыл бұрын

great video

@IAP_mkt 3 жыл бұрын

Boom! Crystal clear

@josiahwillemse3514 2 жыл бұрын

Outstanding.

@artsylph6233 Жыл бұрын

Honestly life-saving!

@BroCallMeCai Жыл бұрын

I love the way he presents information; I hate how fast he does it! I'm within my rights to feel both ways!

@b0r3dTV2 8 жыл бұрын

if I pass my exam, itll be all down to you sir. thank you and keep it up

@reimannx33 2 жыл бұрын

Since there is no thank you note, Guess you failed.

@b0r3dTV2 2 жыл бұрын

@@reimannx33 absolutely forgot, but I passed!! 😅

@martinebleu 8 жыл бұрын

You da real MVP!

@hakimi7488 3 жыл бұрын

THANK YOU!

@DanielRamBeats 7 жыл бұрын

hmm pretty glad I found your channel lol!

@giselegiram 6 жыл бұрын

Very useful

@bmcseal01 6 жыл бұрын

Good job!

@ziyeew1637 2 жыл бұрын

I'm back to this channel (once saved my APs)... now for college econ class😅😅

@brunosalsas4694 6 жыл бұрын

very well explained

@15sandman 7 жыл бұрын

How did you name your channel? Wouldn't putting economics in the name somewhere make it easier for ECON students to find you (before their exams). Your videos are AMAZING because your explanations are focused and concise.. You put more effort on 1 video than my prof does for the whole semester.

@HungLy007 4 жыл бұрын

This dude wares an AC/DC belt knows how its done lmao

@piyushliloo2920 5 жыл бұрын

superb!!

@Stampler 8 жыл бұрын

Hi Mr Clifford, thank you SO much for all your help. I just have a question for you. What is the relationship between GDP growth rate and inflation rate? I believe it is a inversely correlated relationship? Thank you in advance!

@saurabhgolam9779 9 жыл бұрын

You are the best!

@Mumung21 5 жыл бұрын

Wow! Nice Belt!!!

@boblolrus 4 жыл бұрын

thanks!

@Mister1World 7 жыл бұрын

Thank you

@noueruz-zaman7894 6 жыл бұрын

in my lectur today, I was told Phillips curve is change in inflation (yaxis) which is right but in the x-axis my papers it states y (short-run output)

@jakegraham7265 5 жыл бұрын

Thanks for that.

@mainel6486 8 жыл бұрын

Awesome!

@sunkanmibero 8 жыл бұрын

What advice would you give macroeconomic policy makers based on the Phillips curve?

@raoufzanati7532 6 жыл бұрын

perfectly explained

@jena959595 8 жыл бұрын

thanks for the helpful video. Do you have a video online about the lucas supply curve or lucas surprise effect? i kinda wanna understand the basic difference btwn Lucas and the phillips curve. Thanks man, keep up the good work. regards from germany

@JacobAClifford 8 жыл бұрын

+jena959595 No, sorry. But I will add it to my list.

@danielg4007 8 жыл бұрын

+ACDCLeadership that is very nice of you! my exam is in three weeks so i am excited to see if that works haha. just kidding, i will need it anyways, even later!

@buzzminer3207 8 жыл бұрын

+Daniel G how was your exam boi

@jena959595 8 жыл бұрын

+BuzzMiner it was really good man thanks for asking!!!! got tested on the lucas supply curve haha